Remember the good old days, like 15 years ago, when you could buy solar panels in Sacramento for about $6,000 to cover a 2,000 square foot house and generate enough electricity to sell some back to the electric company for a profit? Ha! Nowadays, that objective seems like a dream.
True, I don't know much about solar panels apart from the expense, the cost to maintain and replace, and how buyers view solar panels. Why, I even have solar on my vacation house in Hawaii to run the water heater. But even that has a valve that lets me turn the source of energy back to Hawaii Electric, if it's cloudy for a while. Like it will be with all of that vog from Kilauea.
Now, however, in fewer than 2 years, all new homes in California now require solar panels, among other energy efficient improvements. From a purely real estate point of view, solar panels alone don't really add more value and can be a drawback. You can read more in my personal blog today at this link: Solar Panels Mandatory by 2020 for all new California Homes.