How to Calculate the Added Value of Solar When You Sell Your Home
When selling a home with solar panels in New Jersey, one of the most important questions is: How much is the solar system worth to a buyer today? The value is not simply what the system originally cost — it’s based on the remaining financial benefits the system will produce.
Important: Only owned solar systems increase home value. Leased or third-party owned systems do not, but they may reduce energy costs during the lease.
Most solar systems provide economic value, but ownership matters:
Owned/Purchased Systems:
-
- Energy Savings – Reduced electric bills over the remaining life of the system.
- State Incentives – Remaining income from SRECs, TRECs, or SREC-II (ADI) payments, depending on the program the system qualified for.
Leased/PPA Systems:
-
- Energy Savings vs. Lease Costs – Savings are calculated as projected energy production minus total remaining lease or PPA payments.
- No Incentive Value – SRECs and other state incentives belong to the third-party owner and do not increase the home's resale value.
To determine the added value of solar at resale:
-
- For owned systems: Calculate the Net Present Value (NPV) of remaining incentive payments and projected future utility bill savings.
- For leased systems: Calculate the NPV of projected energy savings minus remaining lease/PPA costs over the remainder of the system’s service life.
NPV adjusts future cash flows into today’s dollars using a reasonable discount rate. This gives buyers, sellers, appraisers, and real estate professionals a financially sound estimate of what the solar system is worth right now — not what it was worth when installed.
Because New Jersey solar programs vary by installation date and have different term lengths (10 or 15 years), and because electric rates continue to rise over time, an accurate valuation must account for:
-
- The system’s Permission to Operate (PTO) date
- The remaining years in the applicable incentive program (for owned systems)
- Current SREC/TREC/ADI values (for owned systems)
- Utility rate inflation
- System degradation over time
- Remaining lease or PPA costs (for leased systems)
Using these factors ensures that the solar system is valued based on its future income-producing potential for owned systems, or net financial impact for leased systems, which is what truly drives resale decisions in today’s market.
How to Calculate Solar Value When Selling Your Home
Selling a home with solar in New Jersey? The system’s value isn’t its original cost—it’s what the Net Present Value (NPV) of future financial benefits are worth to the buyer today.
Important: Only owned solar systems increase home value. Leased or third-party owned systems do not, but they may reduce energy costs during the lease.
Owned/Purchased Systems:
-
- Energy Savings – Lower electric bills for the remaining system life.
- State Incentives – Remaining SRECs, TRECs, or SREC-II (ADI) payments.
Leased/PPA Systems:
-
- Energy Savings vs. Lease Costs – Savings are net of remaining lease payments.
- No Incentive Value – SRECs belong to the third-party owner.
Value is calculated using NPV to account for:
-
- Remaining incentives (owned systems only)
- Future energy savings
- Utility rate inflation
- System degradation
- Remaining lease/PPA costs (leased systems)
This approach ensures accurate valuation for resale: future financial benefits for owned systems or net savings for leased systems.
How Much Value Does Solar Add to Your Home?
Attention Real Estate Professionals:
Add Solar Value to Your Listing Presentations
Download a professionally designed, client-friendly flyer that helps you clearly explain how solar impacts home value during the sales process. Perfect for listing appointments, buyer consultations, and standing out as the solar-savvy expert in your market.
Attention Real Estate Professionals:
Add Solar Value to Your Listing Presentations
Download a professionally designed, client-friendly flyer that helps you clearly explain how solar impacts home value during the sales process. Perfect for listing appointments, buyer consultations, and standing out as the solar-savvy expert in your market.
Empower Your Energy Independence®
Established in 2010, Green Sun Energy Services, LLC delivers full-spectrum energy and home-service solutions to homeowners and small businesses seeking greater independence, lower costs, and year-round performance. From solar panel systems, Generac generator installation and maintenance, GAF Timberline HDZ lifetime roofing systems, electric vehicle charger setups, and seasonal services including soft washing and energy-efficient holiday lighting and more — we’re here to support your property in every season.
Established in 2010, Green Sun Energy Services, LLC provides year-round energy and home solutions — from solar, generators, roofing, and EV chargers to seasonal services like soft washing, gutter cleaning, and holiday lighting.
See What Our Clients Have to Say
GeraldMiddletown, NJ · 2026
Reviewed us onGoogle
See the projectConsidering solar? Why not have the pros from Green Sun Energy Services provide a free analysis? That's what I did. Made the…
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…decision easy for me and my wife and convinced us of the benefits! The whole process from conception through installation went perfectly!
DeborahLawrence Township, NJ · 2026
Reviewed us onGoogle
See the projectMike was on time, friendly and efficient. We have had very positive experiences with GreenSun.
East Brunswick, NJ · 2025
Reviewed us onYelpGoogle
See the projectMy experience with Glen and his company was great. I just needed to remove panels from a house I had recently purchased and redo…
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…the roof. Glen gave me a soft pitch on more work but it was low pressure. His quote was in line with other 'reasonable' quotes I received. The main thing I appreciated was that every part of the process was professional and easy; getting a quote, picking dates, filling out online forms, payment was effortless and I could see that different parts of the process were well integrated.
Desmond and FrancesMatawan, NJ · 2025
Reviewed us onGoogle
See the projectGreen Sun Energy Services installed my solar panels over 10 years ago and I have never had any complaints with their support, as…
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…a long-term customer. I highly recommend Green Sun if you are going to go solar. However, it was only recently that I realized they also offer the soft/pressure wash services. We scheduled Green Sun to wash our roof, panels, siding, deck/patio/pavers and fence. It all went very well and the results are a vastly improved look for our property. I'll give them a 5 star rating for their work on this, as well as their solar panels business. Whether you have solar panels or not, consider giving Green Sun a chance to do your next soft wash project on your property. It worked out great for me and I highly recommend Green Sun. They are efficient, courteous, and professional and I recommend that you give them a chance for your next project for your home and property.
FrancisPiscataway, NJ · 2025
Reviewed us onGoogle
See the projectGlen and his team did a Generac generator and a Solar System installation for me. The team did an absolutely fantastic job…
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…throughout the entire process. They are very reliable, walk you through all the details step by step, communicated clearly, and completed the work on time. They will help you through design, permits, inspections, various registrations. If you need it, they can help with financing and suggest best options. They are in for the long haul and are more interested in maintaining a relationship with their customers. They are easy to work with. I highly recommended that you consider Green Sun Energy for your generator and solar system acquisition, deployment and ongoing support.
WayneMiddletown, NJ · 2025
Reviewed us onAngiGoogle
See the project...The install proceeded without a hitch and looked great. Inspecting the attic, I couldn’t find a single fastener penetrating…
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…the roof deck; every screw was sunk into the rafters. As promised, no part of the array is visible from the front or sides of the house... If you are thinking about “going solar,” or even just getting a standby generator, you really ought to give Glen at Green Sun a call. "- Wayne from Middletown, NJ. Solar Panel InstallationI recently contacted Green Sun ("GS")about power washing my house, deck, walkways, retaining walls, etc. GS obtained a detailed and up-to-date view of my property, and, along with the square footage of my home, developed a cost estimate. I obtained an estimate from another contractor, which was based on the same information as the GS estimate. GS was less expensive by a not-insignificant amount; yet, as best as I could determine, GS offered the same thorough approach using similar products as their competitor. I moved forward with GS. The 2-person team arrived on time on the scheduled day, and worked the full day, power washing all the walkways, deck, patio, retaining walls. I was scheduled for 2 days, and the team returned as scheduled and completed the job, including the roof and the rest of the house. The results were excellent- what a difference! The team quite obviously cared about what they were doing. A concern I had was the impact the power washing might have on the mature landscaping surrounding the treated areas. I was assured that as a matter of course, the team waters down the plants, trees, etc., before and after treatment. I need not have been concerned - no issues there. When it's time (again), I will definitely be using Green Sun for power washing. - Google
GeraldPrinceton Junction, NJ · 2025
Reviewed us onGoogle
See the projectGreen Sun Energy Services sent a technician out to fix my generator. The technician’s name was John. He was very polite and…
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…professional. He was very efficient and took the time to explain to me the cause of the problem and the steps he took to resolve it. I am very happy with Green Sun Energy’s response to my generator problems and I have full confidence in their wonderful staff and technicians.
CliffordPrinceton, NJ · 2025
Reviewed us onFacebookYelpGoogle
See the projectFacebook: "They are completely professional and easy to work with. Both the generator and solar panels they installed are working…
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…great. It’s been more than two years now, and the financial returns on the solar are as projected."Google: "Prompt, professional, courteous
JoeChesterfield, NJ · 2024
Reviewed us onBBBYelp
See the projectCan't say enough nice things about Green Sun. They took care of every little detail, answered every silly question and arranged…
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…everything. Had a big solar array installed and a Generac. I got multiple quotes and whilst they weren't the lowest price they were very competitive. They offered better warrantees and a better quality product.
Primary Solar Service Areas In New Jersey
Green Sun Energy Services delivers professional solar design and installation across Monmouth, Ocean, Middlesex, Somerset, Mercer, and Union counties. Based in Middletown, NJ, our NABCEP-certified professionals help homeowners lower their electric bills with high-performing solar systems tailored to your roof, energy usage, and local utility requirements. We handle everything—from system design and permitting to installation, activation, and ongoing support—so going solar is simple and stress-free. Explore our primary service areas below to see how we help New Jersey homes save with solar.
Monmouth County
- - Aberdeen
- Allenhurst
- Allentown
- Asbury Park
- Atlantic Highlands
- Avon-by-the-Sea
- Belford
- Belmar
- Bradley Beach
- Brielle
- Clarksburg
- Cliffwood Beach
- Colts Neck
- Cream Ridge
- Eatontown
- Englishtown
- Fair Haven
- Farmingdale
- Fort Monmouth
- Freehold
- Hazlet
- Highlands
- Holmdel
- Hornerstown
- Howell
- Imlaystown
- Keansburg
- Keyport
- Leonardo
- Lincroft
- Little Silver
- Loch Arbour
- Locust
- Long Branch
- Manalapan
- Manasquan
- Marlboro
- Matawan
- Middletown
- Millhurst
- Millstone
- Morganville
- Navesink
- Neptune
- Oakhurst
- Ocean Township
- Oceanport
- Port Monmouth
- Red Bank
- Robertsville
- Rumson
- Sea Bright
- Sea Girt
- Shrewsbury
- Smithburg
- Southard
- Spring Lake
- Strathmore
- Tinton Falls
- Union Beach
- Wall Township
- Wanamassa
- Wickatunk
Show all 64 Monmouth towns
- Monmouth Beach
Ocean County
- - Barnegat Light
- Barnegat Township
- Bay Head
- Bayville
- Beach Haven
- Beachwood
- Berkeley Township
- Brant Beach
- Brick Township
- Dover Beaches
- Eagleswood Township
- Forked River
- Harvey Cedars
- Island Heights
- Jackson Township
- Lacey Township
- Lakehurst
- Lanoka Harbor
- Lavallette
- Little Egg Harbor Township
- Long Beach Township
- Manahawkin
- Manchester Township
- Mantoloking
- Mystic Island
- New Egypt
- Ocean Gate
- Ocean Township
- Pine Beach
- Plumsted Township
- Point Pleasant
- Point Pleasant Beach
- Seaside Heights
- Seaside Park
- Ship Bottom
- Stafford Township
- Surf City
- Toms River Township
- Tuckerton
- Waretown
- Whiting
Middlesex County
- - Avenel
- Barber
- Brownville
- Carteret
- Chrome
- Clearbrook Park
- Colonia
- Concordia
- Cranbury
- Crossmans
- East Brunswick
- Edison
- Fords
- Helmetta
- Iselin
- Jamesburg
- Kendall Park
- Laurence Harbor
- Metuchen
- Monmouth Junction
- Monroe Township
- Old Bridge
- Parlin
- Piscataway
- Plainsboro
- Sayreville
- South Amboy
- South Plainfield
- Spotswood
- Woodbridge
Show all 55 Middlesex towns
- Dayton
- Dunellen
- Edgebrook
- Ernston
- Gillespie
- Heathcote
- Highland Park
- Lincoln Park
- Madison Park
- Melrose
- Middlesex
- Milltown
- Morgan Heights
- New Brunswick
- Perth Amboy
- Port Reading
- Princeton Meadows
- Raritan Gardens
- Rossmoor
- Sayre Woods
- Sewaren
- Society Hill
- South River
- West Carteret
- Westons Mills
Somerset County
- - Basking Ridge
- Belle Mead
- Bernardsville
- Blackwells Mills
- Blawenburg
- Bound Brook
- Bradley Gardens
- Branchburg
- Bridgewater
- Clyde
- East Millstone
- Far Hills
- Finderne
- Franklin Township
- Gladstone
- Green Brook
- Green Knoll
- Griggstown
- Harlingen
- Hillsborough
- Kingston
- Manville
- Martinsville
- Middlebush
- Millstone Borough
- Mine Brook
- North Plainfield
- Somerville
- South Bound Brook
- Warren
Show all 41 Somerset towns
- Peapack
- Pleasant Plains
- Raritan
- Rocky Hill
- Skillman
- Somerset
- Ten Mile Run
- Voorhees
- Watchung
- Weston
- Zarephath
Mercer County
- - East Windsor
- Ewing
- Groveville
- Hamilton
- Hamilton Square
- Hightstown
- Hillcrest
- Hopewell
- Lawrence Township
- Lawrenceville
- Mercerville
- Pennington
- Princeton
- Princeton Junction
- Robbinsville
- Trenton
- Twin Rivers
- West Windsor
- White Horse
- Yardville
Union County
- - Berkeley Heights
- Clark
- Cranford
- Elizabeth
- Fanwood
- Garwood
- Hillside
- Kenilworth
- Linden
- Mountainside
- New Providence
- Plainfield
- Rahway
- Roselle
- Roselle Park
- Scotch Plains
- Springfield Township
- Summit
- Union Township
- Westfield
Other Areas Serviced
- - Andover Borough
- Atlantic City
- Boonton
- Burlington Township
- Califon
- Chesterfield
- Cookstown
- Fairfield
- Flemington
- Hackensack
- Hammonton
- Hampton
- Little Falls
- Mantua
- Maplewood
- Marlton
- Medford
- Midland Park
- North Haledon
- Nutley
- Ocean City
- Palisades Park
- Paramus
- Parsippany
- Passaic
- Pennsauken
- Ringwood
- River Vale
- Riverton
- Saddle Brook
- Sewell
- Short Hills
- Sicklerville
- Somerdale
- South Orange
- Southampton Township
- Sussex
- Towaco
- Verona
- Wayne
- West Caldwell
- West Orange
- Whitehouse Station
- Williamstown
- Wyckoff