We all know that having a solar system can help reduce your utility bills, but what does it mean for the value of your home? According to a recent article posted on Earth911.com, having a solar system can add 3% to 4% to your market value, based on data collected by the National Bureau of Economic Statistics.
These results are supported by another study by the Department of Energy's Lawrence Berkeley National Laboratory which found that solar panels increased home prices by about $3.90 to $6.40 per watt, which translates to around $17,000 for a 3,100-watt system.
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