...will bring a smile to your face after installing a solar system on your roof.
The Berkeley Lab analyzed California home values after the installation of a solar power system. The study found that solar panels add value to a home at an average rate of $5.50 per watt. The fact that solar systems increase your homes value was well known (and obvious), but so far not as detailed as these studies indicate now.
According to the study, a small 5 panel system with 230 watt solar panels will add an average increase of $ 6,325 dollars, while a solar system with 10 panels will add an average value of $12,650 dollars to a home - on top of your investment to save energy for the next 30-40 years.
The 2011 solar energy home value report can be downloaded from the Environmental Energy Technologies Division of Berkeley Labs here.
What do you think? Looking forward to read your comments.