How quickly do homes with solar panels sell compared to those without

How quickly do homes with solar panels sell compared to those without

Homes with solar panels tend to sell faster compared to those without them. A study by the National Renewable Energy Laboratory (NREL) found that homes with solar energy systems sell 20% faster than those without solar panels. This increased speed in selling can be attributed to several factors:

  • Energy Cost Savings: Buyers appreciate the long-term savings on utility bills that solar panels offer.
  • Sustainability Appeal: Solar panels signal a commitment to environmental sustainability, which appeals to eco-conscious consumers.
  • Transferable Incentives: Warranties, tax credits, and other incentives often transfer to new owners, adding value to the purchase.

Additionally, the growing demand for energy-efficient properties contributes to quicker sales of solar-equipped homes. As more homebuyers focus on sustainability and energy efficiency, the presence of solar panels becomes a significant selling point.

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/how-quickly-do-homes-with-solar-panels-sell-compared-to-those-without/

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