Is Solar Power Worth it? Does Solar Power Add Value to Your Home?

Todd and Oana discuss whether solar power is a good investment and whether solar power adds value to a home. We have many clients and friends who now have solar power on their homes and the tell us they are asked all the time if solar power is worth it. Many of them say they are pleased with the low electric bills, but they paid far more for their solar than people are currently paying.

The other question s does solar power add value to your house? Like most upgrades, there is a diminishing return for solar and one of the problems is that solar panels, like many other home improvements, is a depreciating asset because solar panel technology is improving and solar cells degrade, which means a 10 year old solar array might be worth far less than a new solar system, despite being far more expensive when it was added to the house.

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