Call now

Do Solar Panels Increase Home Value? (2024 Guide)

Written by Caitlin Ritchie/

Edited by Jamie Cesanek

Last updated 01/19/2024

Get an estimate of solar cost and savings at your home.

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.

Solar energy by state

Is solar right for your home?
Get an estimate of solar cost and savings at your home.