Are there specific states where solar arrays have a more significant negative impact on property values

Are there specific states where solar arrays have a more significant negative impact on property values

Yes, there are specific states where solar arrays have a more significant negative impact on property values. Research findings indicate that the impact of solar arrays on property values varies significantly by state and local conditions.

States with Significant Negative Impact:

  • Minnesota: Homes within a half-mile of solar projects saw a 4% decrease in property values.
  • North Carolina: Experienced a 5.8% decline in home values near solar installations.
  • New Jersey: Showed a 5.6% reduction in property values close to solar arrays.

States with Minimal or No Significant Impact:

  • California: Minimal impact on property values due to solar installations.
  • Connecticut and Massachusetts: No statistically significant reduction in property values near solar projects.

These differences are often attributed to factors like the type of previous land use, local attitudes, and the presence of other environmental or aesthetic issues. Additionally, the scale and siting of solar installations can influence how communities perceive and value nearby properties.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-specific-states-where-solar-arrays-have-a-more-significant-negative-impact-on-property-values/

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