Monday, September 27, 2010

How Much Value Will Solar Add to My Home?

Solar will immediately add approximately twenty times your annual electricity bill savings immediately to the value of your home upon installation. For many 5kW systems, that amounts to about $20,000. Don’t believe it? Check out this video!

Whoa, that’s a lot of property value increase!

Indeed it is. However, an additional $20,000 in property tax basis in many states amounts to a big chunk of change owed back to the state come tax time. If you’re lucky enough to live in a state with a complete exemption from added taxes, you can breathe a sigh of satisfaction that your state legislators are doing something right!

Solar Energy Home Guide


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