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Monday, April 25, 2011

What Solar is Doing for Home Values

We here at Green Worx Solar always include data in our presentations that shows a potential solar customer just how much value a solar system will add to their home: the formula (courtesy of the American Appraiser's Association) is simple--take the first year savings and multiply that by 20 (or the amount of years that the state requires each system's warranty to span).

However, in another study cited here by a New York Times blog, comes up with measurable evidence of just how much actual value a solar system can add to the price of a house. What's more, the study was done here in California.

This goes back to a point that I always make about solar: it is an INVESTMENT GRADE home improvement product. The best out there, in my opinion, and this study ties into what I know to be true about solar. People buy solar for the investment benefits, the cash flow benefits and, in short, to save money.

1 comment:

  1. Thank you for finding ways to lessen consumer expenses.

    Gurdayal Singh
    http://www.facebook.com/?ref=home#!/pages/Jyot-Financial/89974860824

    ReplyDelete

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