Financials | National Investor Network

Studies Find Solar Power Can Add Up to 10% to a Home’s Value While Reducing Energy Costs

Written by Jeff Mindham | Oct 10, 2019 1:19:33 AM

Solar power can increase a home’s market value according to a study conducted by Zillow, the real estate listing and information company. In California, where new home construction will be required to have solar panels beginning in 2020, a state study found that solar power could help homeowners save up to $19,000 during a 30-year period.

According to Sarah Mikhitarian, Zillow’s senior economist, “There is increased demand for green living. More than 80% of buyers say energy-efficient features are important in selecting a home”.