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Category: Consumer impact of Green

Solar Power Benefits Everyone, Not Just Those With Solar Power

Solar Power Benefits Everyone, Not Just Those With Solar Power
[PHOTO: KONSTANTTIN/ISTOCK]

Study Finds Solar Panels Increase Home Values

New York Times Green Blog By Feliciity Barringer April 21, 2011, 7:12 pm

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Jack Smith/The New York Times
When Bill and Suzann Leininger put solar panels on their Escondido, Calif., home a few years ago, they most likely enhanced its resale value, a new study says.

All those homeowners who have been installing residential solar panels over the last decade may find it was a more practical decision than they thought. The electricity generated may have cost more than that coming from the local power company (half of which, nationwide, comes from burning coal), but if they choose to sell their homes, the price premium they will get for the solar system should let them recoup much of their original capital investment.

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