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Do Solar Panels Increase Home Value? (2024 Guide)

Written by Caitlin Ritchie/

Edited by Jamie Cesanek

Last updated 01/19/2024

Key Points

  • Solar panels can increase your home value by $4 per watt or an average of $34,400.
  • Your annual property taxes may increase if you install solar panels. Many states offer exemptions to increased property taxes after installing solar.
  • If you are interested in buying a home with solar panels already installed, confirm the system size, warranty coverage, and whether it has been paid for outright.

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