[RE-wrenches] Value of PV system to a home

[Joel Davidson]

In general, for every $1/year energy savings add $20 to the home's value.

See http://www1.resnet.us/ratings/overview/resources/appraisal/default.htm

  ----- Original Message ----- 
  From: Keith Cronin 
  To: RE-Wrenches 
  Sent: Monday, March 21, 2011 11:57 PM
  Subject: [RE-wrenches] Value of PV system to a home


  Hi


  Was wondering if anyone has any new data points on the additional value a PV system adds to the home?


  If someone spends $X for a system and saves $Y a month/year, how is this being calculated?


  Do we have actuaries with enough empirical data to suggest what the numbers would look like?


  Realizing alot has to do with location, current cost per kWh of electricity etc.


  Could have swore there were some studies done to imput the value of two homes on the same street, one with solar and one without- for some granular details on the delta in values.


  Thanks


  Keith


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