A new report funded by the Department of Energy says that homebuyers have consistently been willing to pay more for a property with owned solar photovoltaic systems (PV), regardless of home type or market.
In English, the results confirm what early adopters have always believed: solar makes cents!
Aside from renewable energy benefits, those who own their home’s PV system will receive approximately $1.26/watt in tax credits. Additionally, buyers can save time and money by avoiding certain steps needed to install the system.
If all goes as planned, the DOE estimates that 30 million homes nationwide will have solar paneling by 2050. As of 2014, more than half a million homes in the U.S. have gone solar.
Whether you want to carve out a green niche or just prepare for the inevitable, check out Jan Green's tips here.
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The preceding was adapted from RISMedia.com.
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