Residential Solar Adds Value for Resale

Once upon a time, it was thought that residential solar was only a smart investment for those who planned to be in their home for “forever.” However, as electricity rates skyrocket and more homeowners are selling their once “forever” homes to make a profit, realtors and lenders alike have realized that residential solar adds value for resale on the market.

2020 California Solar Mandate for New Homes

You may know that solar energy is popular in California but what you probably didn’t know is that by 2020 all new homes must have solar panels installed. Title 24, the State’s energy-efficient building standard was updated in March of 2018 to require solar install in newly built homes. It has been called the 2020 California Solar Mandate.

If you are new to solar, you may be asking if the 2020 California Solar Mandate is going to be a good thing and if this will increase home buyer cost?

Adding Solar Increases Home Value

Did you know that installing a home solar system is an economic decision that can potentially improve your family’s financial position?
Home solar not only can reduce or eliminate your electric bill, adding a photovoltaic (PV) solar system to a house is almost always a good real estate investment and may contribute to increasing home values by 3 to 4 percent.