Home Solar System Size
Amount Solar Panels
Increase Home value*
Increase Home value*
Cost to Install Solar
Panels (After Tax Credit)**
Panels (After Tax Credit)**
Your Home Value Will Increase By $--
As per Zestimate, Zillow’s home valuation tool, the current value of your home is $200,000. Solar increase the value of your house by 4.1% as per a study done by Zillow.
By going solar, you will gain $XX in home equity.
Data is provided via the Zestimate API. See more details for address on Zillow. © Zillow, Inc., 2006-2020. Use is subject to Terms of Use.
A few studies have shown that solar installations increase a home’s resale value by up to $5,000 for every kilowatt of solar installed, or by about 4.1% of the home’s value. Below are some averages. As you can see that the equity you gain in your home by going solar is way higher than the costs of installing a solar panel system. While the initial investment in solar may look step but solar panels will save you money on your electric bill and significantly increase your propety value.
4 kW
$23,644
$7,874
6 kW
$35,466
$11,810
8 kW
$47,288
$21,280
10 kW
$59,110
$19,684
*Figures based on study by lawrence Berkeley national Laboratory.
**Figures based on average solar costs in the U.S.
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