Ask Stacy: Does Adding Solar Increase My Home’s Value?

Senior couple with solar
Photo by Kzenon / Shutterstock.com

Welcome to “Ask Stacy,” a short video feature answering money questions submitted by readers and viewers. You can learn how to send in a question of your own below.

If you’re not typically a video watcher, give it a try. These are short and painless, and you’ll learn something valuable.

Today’s question is about solar panels; specifically, whether having the ability to generate energy from the sun will brighten your home’s value.

I thought about adding solar panels to my home last summer, but ultimately decided against it, at least for now. As for whether adding solar panels to your roof will increase your home’s value, here’s what I think.

For more information on this topic, check out “5 Cheap Ways to Go Solar” and “5 Home Improvements That Won’t Sell Your House.” You can also use the search tool above, type in “real estate” and read other interesting articles about buying, selling, renting and owning a home.

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The questions I’m likeliest to answer are those that will interest other readers. In other words, don’t ask for super-specific advice that applies only to you. And if I don’t get to your question, promise not to hate me. I do my best, but I get a lot more questions than I have time to answer.

About me

I founded Money Talks News in 1991. I’m a CPA, and have also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.

Got any words of wisdom you can offer on this week’s question? Share your knowledge and experiences on our Facebook page. And if you find this information useful, please share it!

Got more money questions? Browse lots more Ask Stacy answers here.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

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