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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