Solar Panels: Do They Increase Your Home Value?

Solar Panels: Do They Increase Your Home Value?

As energy costs rise, more homeowners in Lexington and Concord are going green. But does that solar array on the roof actually add to your appraisal?

The ROI of Solar

• Owned Systems: These typically add significant value (often $15,000+ depending on the size).
• Leased Systems: These can be a hurdle for buyers who don't want to take over a contract.

The Green Premium

Today's buyers are environmentally conscious. A home that can generate its own power and lower its carbon footprint is a major selling point in the current market.