The consensus seems to be that in determining if the solar panels add any value the appraisers are required to be able to substantiate their analysis.
Solar panel appraisal value.
As to solar panels owned by the homeowner the appraiser noted that there had been a few recent seminars offered on the topic.
Find everything you need to know about solar panels and solar installation costs.
It is designed to be used by skilled appraisers consultants with knowledge of solar and a discounted cash flow.
It can potentially increase the home s value by up to 4 1 more than comparable homes with no solar panels.
Therefore leased solar panels are likely to be value neutral on the appraisal.
On average solar panels raise a home s value by 4 1 across the u s according to a new zillow analysis of homes across the country that s a boost of 9 274 on a 226 300 home according to the study.
In other words a solar energy system that saves 400 per year would add a value of 8 000 to your home.
Miller points out however that added value is not so cut and dried.
Pv value can estimate the production or establish a wattage needed to produce the energy at a location and develop a value conclusion using the cost and income approaches.