Buyers are willing to pay, on average, $4 per watt of solar energy installed on their homes, Realtor Mag reports.
In other words, buyers will pay an average of $15,000 for a standard 3.75 kW photovoltaic energy system on a home. This is based on a new study by the Energy Markets and Policy Group titled “Selling into the Sun: Price Premiums Anaylsis of a Multi-State Dataset of Solar Homes.” The finding was based on an analysis of buyers across states, housing types, and housing markets.
Read more on Realtor Mag.
Related Stories
Working Toward Affordable, Resilient Homes
A new natural disaster protection act from NAHB aims to support hazard mitigation projects
Client Design Choices in the Time of Social Media and AI
Social media speeds up the trend cycles, and now artificially created images are falling into homeowners' hands
Indoor Air Quality Gets Smart
A home's air quality can now be cloud connected and fully automated with this innovative product
Webinar: From Disjointed Design to Cohesive and Efficient—The New American Remodel 2023
Access the recording for the first The New American Remodel webinar held on March 8 at 2 pm CT
5 Standout Energy-Efficient Products Spotted at IBS 2023
See what this green remodeler recommends from the show floor
Innovative Products: GAF Energy Timberline Solar Shingles
GAF Energy’s latest innovation has taken the solar world by storm
Detailed Design: Benefits of Biophilism
See the details our Model ReModel contractors chose to infuse nature into their ADU
Heat Pumps Now Required in Washington New Construction
Washington is the second state to require heat pumps in an effort to electrify homes