SolFarm Solar Co.

  • About Solfarm
    • About Solfarm Solar Co.
    • Meet Our Team
    • Featured Projects
    • Employment Opportunities
  • About Solar Energy
    • Why Go Solar
    • How Solar Energy Works
    • Solar Energy FAQ
  • Services
    • Residential Solar
    • Commercial Solar
    • Non-Profit Solar Energy
    • Battery Backup Power
    • Smartflower
    • Removal & Re-Installation
    • Solar Energy Maintenance
    • Microgrids
    • EV Charging Stations
  • Financing, Incentives & Rebates
    • Solar Energy Financing
    • South Carolina Savings
    • USDA REAP Grants & Loans
  • Blog
  • Contact
REQUEST A QUOTE
  • Home
  • News
  • Tips and Tricks
  • Solar Arrays Give Homeowners a Boost in the Housing Market
Residential solar panel installation Asheville, North Carolina – Buncombe County
Monday, 20 November 2017 / Published in Tips and Tricks, Uncategorized

Solar Arrays Give Homeowners a Boost in the Housing Market

Solar arrays are an investment. Those who choose to invest make their money back. Those lucky enough to live in areas with high solar rebates and incentives will make back that money quicker and maybe even come out with a profit.

The value of solar panels go beyond rebates and tax cuts though. Homeowners who installed solar panels sold their homes for an extra $15,000 dollars because of photovoltaics on their roof. Berkeley Lab ran the study about the sale of homes with photovoltaics because realtors will have to able to price solar arrays accurately as the become more common.

Not only do houses with solar panels sell for more, but they sell faster. Low energy bills and positive environmental impact are a big plus for many potential buyers.

But Keep in Mind…

Different aspects may affect the amount of money solar panels add to the home. The age of the system and the roof can lower the benefit. The surrounding area may make a positive or negative impact. If the homes around are middle-class or lower, many of those buyers will not want to shell out extra for solar. The appearance of the home may also limit the amount of money the panels are worth to a potential buyer. If panels are on the front of the house, it may be considered ugly (though we certainly do not think so!).

The extra $15,000 applies to owned solar arrays. Homeowners should keep leases, loans, and warranties in mind while trying to sell. Leases can be transferred, but the buyer must agree to take on those payments. Loans have to be paid, and warranties may or may not be transferable to a second homeowner.

Other than reducing carbon footprints and helping society make steps to a cleaner world, solar panels can give homeowners a little kickback for their investment even when they need to leave it behind for opportunities else where.

What you can read next

SolFarm Solar Co residential solar installation
NC Solar Access Laws – Your Right to Solar Energy
Wake-up Call: Last Male Northern White Rhino Dead
Solar Creating Universal Energy Access

Newsletter Signup

Join our mailing list to stay up to date on SolFarm blog posts and events

Search for posts

Recent Posts

  • How North Carolina Homeowners Can Benefit from Duke Energy’s Net Metering Program

  • Duke PowerPair Program’s Bright Opportunity for North Carolina Homeowners

  • Maximizing Your Savings: Understanding the Federal Solar Tax Credit

  • SolFarm partners with non-profits to train and employ individuals from economically marginalized communities

  • EV charging infrastructure

    EV Market Growth and Infrastructure Expansion

  • Solar shingles

    Solar Shingles – Worth the Hype?

  • Enphase Ensemble and microinverter

    IQ8 Microinverter and the all new Ensemble by Enphase

  • Fossil Fuel pollution

    Mammoth Fossil Fuel Subsidies

  • Residential solar panels

    Solar Panels Increase Home Resale Value

  • DC’s Ambitious Clean Energy Requirement

  • Four Decades of Dropping Solar Prices Explained

  • solfarm solar co barn usda rural renewable energy

    USDA Grants & Loans For Renewable Energy & Energy Efficiency

  • SolFarm Solar Co residential solar installation

    NC Solar Access Laws – Your Right to Solar Energy

  • Australia battery subsidy

    Australia Offering Battery Subsidies

  • Green Neighborhoods list 2018

    Green Neighborhoods

  • coastal flooding caused by climate change

    Coastal Flooding Projected To Rise

  • Residential solar energy pv system array

    Solar Tariffs Less of a Threat Than First Predicted

  • NAACP Fumes Across Fence Line

    Environmental Injustice

  • Landfill brownfield image

    Trash to Solar

  • Craft brewers go solar

    Craft Brewers Going Solar

Recent Comments

    • Read more + March 18, 2024 By solfarm in Solar Energy

      How North Carolina Homeowners Can Benefit from Duke Energy’s Net Metering Program

    • Read more + March 13, 2024 By solfarm in Solar Energy, Solar News

      Duke PowerPair Program’s Bright Opportunity for North Carolina Homeowners

    • Read more + March 8, 2024 By solfarm in Solar Energy, Solar News

      Maximizing Your Savings: Understanding the Federal Solar Tax Credit

    • Read more + May 26, 2021 By solfarm in Solar Energy, Solfarm News

      SolFarm partners with non-profits to train and employ individuals from economically marginalized communities

    • EV charging infrastructure Read more + March 5, 2020 By solfarm in Climate Change, Policy

      EV Market Growth and Infrastructure Expansion

    • Solar shingles Read more + January 6, 2020 By solfarm in Solar Technology

      Solar Shingles – Worth the Hype?

    • Enphase Ensemble and microinverter Read more + July 18, 2019 By solfarm in Solar Technology

      IQ8 Microinverter and the all new Ensemble by Enphase

    • Fossil Fuel pollution Read more + June 7, 2019 By solfarm in Policy

      Mammoth Fossil Fuel Subsidies

    • Residential solar panels Read more + May 21, 2019 By solfarm in Solar Energy, Solar News

      Solar Panels Increase Home Resale Value

    • Read more + February 8, 2019 By solfarm in Climate Change, Policy, Solar News

      DC’s Ambitious Clean Energy Requirement

    SolFarm Solar Co logo white

    SolFarm offers full-service solar installation for Residential and Commercial customers. We have a team of certified solar professionals ready to work with you in designing your new system. SolFarm is committed to the relationship we start building at the initial consultation. We will be with you in every step of the installation process and beyond.

    Contact SolFarm Solar Co.

    ASHEVILLE OFFICE PHONE:

    (828) 332 - 3003

    [email protected]

    ASHEVILLE OFFICE ADDRESS:

    739 Glenn Bridge Rd
    Arden, NC 28704

    TOP