Solar panels are becoming increasingly popular because they help homeowners save money and also help homeowners reduce their home's carbon footprint. Despite this rising popularity, many homeowners are unaware of the benefits of solar panels and are uncertain about how solar panels work. This FAQ can help answer homeowner questions about solar panels.
Can Solar Panels Increase a Home's Value?
Studies show that property values increase by as much as $6,000 for every 1 kW installed. This increase in value can add up to 3 or 4 percent to the value of the home. Modern solar panels tend to be more valuable than older solar panels, because they do degrade somewhat with time. This can add up as much as an additional 3 or 4 percent to the value of a
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