08 Aug '11, 1am

Study finds solar power systems add 3% to a home's value

A recently released research paper concurs with another U.S. study that found a rooftop solar power system boosts the value of a home. In April, we reported on a study from Berkeley National Laboratory’s Environmental Energy Technologies Division indicating homes with rooftop solar arrays achieved better sale prices than non-solar houses. Another study carried out by researchers from the University of California compiled in late 2010 based on a study a large sample of homes in the San Diego area was released in early July this year. The study found solar homes sold for roughly 3% more on average than houses without rooftop panels. The premium was higher in environmentally focused communities, areas with a higher percentage of Prius drivers and also regions with a higher number of college graduates. According to the authors, “.. similar to other home investments such as a n...

Full article: http://www.eco-business.com/news/study-finds-solar-power-...

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