We know that adding modern day systems like solar power and other tools can save greatly on energy bills, but does installing
these systems add value to the home?
Not exact matches
In challenging the use of
value -
added models as part of evaluation
systems, the teachers» unions cite concerns about the volatility of test scores in the
systems, the fact that some teachers have far more students with special needs or challenging
home circumstances than others, and the potential for teachers facing performance pressure
to warp instruction in unproductive ways, such as via «test prep.»
For a standard 6 - kilowatt solar PV
system, this means that solar can
add $ 24,000
to your
home's resale
value.
That is an excellent question (and the subject of a future post)
to which the short answer is: the
value of the remaining lifetime of the
system should be
added to the
value of the
home.
Another study, by the U.S. Department of Energy's Lawrence Berkeley Laboratory, found that a typical PV
system can
add a premium of about $ 15,000
to a
home's
value!
Installing a solar
system will also
add a great deal of
value to your
home if you're interested in selling.
If you install solar on your
home and decide
to sell later it will still remain as a profitable investment since solar
adds a great deal of
value to your
home so even if the 30 % tax credit and net metering are yet
to pay off your
system your investment will still be very profitable.
The mean
value of new rooftop solar
to a house in California in 2015 was $ 3.76 per Watt in
added value, meaning a 5 kiloWatt
system should
add an average $ 18,800
to the
value of a
home.
For a standard 6 - kilowatt solar PV
system, this means that solar can
add $ 24,000
to your
home's resale
value.
Replacing a roof or all the windows in your
home because you believe will
add value to your
home will certainly make your
home more appealing, but all buyers expect a good roof, working
systems and windows in good condition and rarely are willing
to pay for perfection or even consider paying more because you just replaced the roof.
Unfortunately, replacing your aging HVAC
system with the latest and greatest model is a basic cost of keeping up your
home and doesn't
add to its
value.