Whether solar increases the value of your property is one of the most frequent questions we get from participants in a Solarize program -- and for good reason.
Payback periods on the investment of solar range from 8-12 years in Georgia. In our increasingly transient society, homeowners are rightfully concerned about whether they will stay in their home long enough to recover their investment.
Luckily for us there are several studies and reports available to shed light on whether solar increases property value. But before diving straight into the reports it is helpful to review what solar is and does for your home.
Solar generates electricity that you would otherwise need to purchase from somewhere else. In fact, solar generates more energy when we need it the most and when electricity from the utility costs the most -- during the hot summer months when air conditioners are blaring in the hot summer sun.