Do Solar Panels Increase Your Home Value?

• Solar energy and solar panels will save you money and help the environment.

Solar Panels Add Value To Your Home, How?

• Solar panels will increase demand for your property and the value of your home.

• That spells: win (home value), win (environment) and win (lower energy expense).

Solar is Changing the Way Homes are Appraised

A number of recent studies indicates that buyers are willing to pay more for homes with solar photovoltaic systems. • Solar powered residences are in high demand around

the US.• The increased demand inspires prospective buyers to

pay more for solar powered homes.• If your home has solar, it has a verifiable selling

advantage, regardless of the strength of your strong market.

Buyers Will Pay More For Solar HomesThe Lawrence Berkeley National Laboratory study offered specific results accumulated from sales data spanning 8 states and 23,000 home sales:

• Point 1 – Buyers were willing to pay significantly more for homes with photovoltaic systems (solar panels).

• Point 2 – Even in homes with these modest systems, buyers consistently paid approximately $4.00 extra per one watt of solar power.

• Point 3 –As the size of the solar system increases, the buyer is willing to pay more than $4.00 extra per additional watt.

• Point 4 – Homes with solar panels sold approximately 20 percent faster than homes without solar systems.

Buyers Will Pay More For Solar Homes

Increased Value + Reduced Installation Cost + Low-Cost Energy = Win with Solar

Let’s think about this…

• Your PV system will last between 25 and 30 years.

• Your current electric bill is only going to continue to increase over those 30 years.

• Just do the math! Solar power saves big money and that is just one reason solar is in demand.

• The cost of solar system installations has decreased while the storage capacity of solar has increased.

• Through 2016, homeowners and business owners can receive substantial income tax reduction for their investment in solar energy.

Selling Into the Sun, a study released by the National Renewable Energy Laboratory

• For every $1.00 in energy bill savings generated by the system, the home will add about $20.00 to the home’s value.

• In active solar markets like New Jersey and California, returns on solar energy investment are higher than in areas where solar has not caught up with the marketplace.

National Renewable Energy Laboratory

The Story of Long IslandOn Long Island in New York, the cost of electricity is out of control.

• A Long Island appraiser, Mr. Gerard O’Connor, sited policy changes with Fannie Mae that permit appraisers to leverage the home’s solar system into the appraisal.

• This is an encouraging development, one which you should expect to see more often.

• It is no accident that 195,000 new solar system installations took place in 2014.

• Solar is where responsible, budget-oriented and environmentally - friendly consumers are headed.

• Are you up for saving money and increasing the value of one of your major assets?

• Contact Slingshotpower.com for details.