rek.jr's Advice
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rek.jr wrote:
Grid tied solar electric has no value?
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Thanks everyone for the replies. I still find it interesting there is no place between attic and waterfront to add these features. Like Pamela says, maybe they will add them in 10 or 20 years! Maybe there may not be enough comparable features on other homes but I am sure there is a general equation that can be worked out in regards to value; similar to generalizations for efficiency based on the homes latitude and location. For example, if the system has 25 years of expected life andis expected to reduce the annual electricity costs of the home by 50% then there should be value added for at least a portion of these savings. This speaks nothing about carbon footprints and other tangible benefits.I understand that, like a swimming pool, some people may not care to have a PV electric system but there ought to be a general rule of thumb as to whether there is added value to the home. After all, using my analogy, unlike a swimming pool, the system requires virtually not maintenance and actually pays the owner back in electrical kWs and money through unused Kws sold back to the utility. If the ascetics arehandled and the system is not considered "unsightly" there should be added value.
Grid tied solar electric has no value?
Why is there no option at Zillow other than adding a descriptor for solar electric or, for that matter, solar HW systems. I recently installed a grid tied 6.0 kW electric system at my home, initial cost before credits $48,000. There seems no way to show this as an amenity and benefit nor does there seem to be a course to get this addition reflected in the homes value.
Grid tied solar electric has no value?
Answer