The Impact of Solar Power On Property Values

The Impact of Solar Power On Property Values

If you’ve been thinking about making the change to solar energy in your home, you’re likely thinking about how it will affect your home’s value. Solar energy is one of the fastest growing industries in the world. It’s making a huge impact in all types of climates and in all kinds of industries. With the technology more accessible and affordable, homeowners can invest in solar energy more readily. Here are some things to know about installing solar panels on your house.


Solar energy companies love Florida for solar, because the state gets so much sun. Solar panels are low-maintenance, making it easier for seniors or parents with kids, to keep up home maintenance. Currently, Florida has some great incentives to add solar panels. Although solar panels do add home value, property taxes won’t increase after installation. Florida is also offering a sales tax exemption on solar purchases. Solar panels also have federal tax credits. Florida’s net-metering policy also gives you a cash credit for extra energy sent back to the grid.

Increased Home Comfort

Solar panels don’t rely on the grid to keep your home powered. When the grid goes down, you’ll still have power in your home. If you’ve waited more than a few hours to get electricity back, you know what a difference that makes. Solar panels are quiet and low profile. You won’t have to be wary of those high energy bills that hit in the summer when you have to run the AC. If you’re worried about those days where you may not get the required sunlight, a Tesla battery for solar ensures you always have enough energy to run your house by storing energy for a rainy day.

Increased Home Value

According to one Zillow study, solar panels increase your home’s value by about 4.1%. Your mileage may vary, based on your home’s location and strength of the market. The real value comes in taking your home off the grid to be less reliant on energy companies that still use natural gas or electricity. When you’re ready to sell, you can tell homebuyers that they won’t have a utility bill, which should place your home near the top of their list. Make sure to check with local experts about the value of solar panels on your home. Look at local regulations. You’ll need to keep your solar panels up-to-date and in good working order, but it should be a great selling point when you’re ready to move.

Reduced Carbon Footprint

It may be difficult to quantify the environmental appeal of solar panels, but that doesn’t mean it’s not there. Homeowners want eco-friendly homes that reduce the impact on the environment. Solar panels are a great way to reduce your reliance on utility companies while also minimizing your carbon footprint. Solar energy has fewer emissions than fossil fuels, lowering air pollution. It’s quiet, reducing noise pollution. Solar energy uses far less water than electricity, another way you’d be reducing your carbon footprint. Installing solar panels increases your home’s value on the market when you are ready to sell.


  • Nieka Ranises

    Nieka Ranises is an automotive journalist with a passion for covering the latest developments in the car and bike world. She leverages her love for vehicles and in-depth industry knowledge to provide readers with insightful reviews, news, perspectives and practical guidance to help them find their perfect rides.

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