How Much Does Solar Add to Your Home’s Value in New Jersey?
Executive Summary Installing solar panels is one of the few home improvements that can both reduce monthly expenses and increase home resale value. In New Jersey, homeowners benefit not only from energy savings but also from state incentive programs such as SRECs (Solar Renewable Energy Certificates) and other local rebates. Industry research shows that homes with owned solar systems can see tens of thousands of dollars in added home value — but the best way to quantify that is through Net Present Value (NPV), which converts future energy savings and state incentives into today’s dollars. At Green Sun Energy Services, […]