Venture Beat

Real Estate Values Increase with Solar Panels, Report Says

Real Estate Values are growing as keeping up with the Jones' just got greener according to Burkely report.

The report used a data set of 72,000 homes including 2,000 homes with solar. Research shows that hoses with solar in California sell for a consistent premium.

I expect to see similar results in the Ontario marketplace as data begins to accumulate. If you know a realtor who needs to learn more about solar please send them to the Toronto Real Estate Board where I teach a course on the Green Energy Act and building labeling.

The original report

Thanks to the Good folks at for putting me onto this report with this article entitled:

Listen Up Realtors, Solar Panels Increase Home Values.

So much for the not-in-my-backyard argument: California homes with solar panels installed on them sell for more than their panel-free counterparts,  according to a study by the University of California at Berkeley.

The study found that homes with solar panels sold for an extra $5.50 per watt of solar power installed, for an average of $17,000 more per house.

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