Solar Panels Increase Home Value

blair1q writes "Venture Beat reports that a study (PDF) by Berkeley National Labs has found that homes sold in California earned a premium for solar panels. The benefit ranged from $3900 to $6400 per kW of capacity. An earlier study found that proximity to solar or wind power may also raise home values. These results contradict the arguments based on degrading home values used by putative NIMBY (Not In My Back-Yard) opponents to installing or living near such energy-generating equipment."

Re:Makes Sense

[PopeRatzo]

Beneficial improvement raises value.

But what are you going to do when one of those solar panels fails and leaks solar radiation all over? It won't be so good for property values when there's a Level 7 solar panel disaster.

I hear there was a leak at one of the wind farms and now they're finding wind residue in the water supply over a five-mile radius.

I think we better stick with nuclear energy: Clean, Safe, and Too Cheap to Meter!