US homebuyers willing to pay more for homes with solar panels, says report 0

solar homebuyers
solar homebuyers
Solar panels add value to a home, even in the eyes of would-be buyers, the latest study has found.

Department of Energy-backed study finds Americans happy to pay average premium of around $15,000 for property with PV system installed.

A group of researchers conducting one of the largest-ever studies of its kind has quantified that U.S. homebuyers are willing to pay more for properties that have a solar system installed.

A multi-institutional team of scientists and researchers led by the U.S. Department of Energy’s (DOE) Lawrence Berkeley Laboratory analyzed almost 22,000 property transactions between 2002 and 2013 in one of the most comprehensive and authoritative studies to date.

Over the duration of the research, the team found that the 4,000 properties in the sample study with PV systems installed attracted keen interest from homebuyers undeterred by the solar premium attached to the roof.



Previous ArticleNext Article