Do Solar Panels Increase a Home’s Value?

by Jason Tomei

Do Solar Panels Increase a Home’s Value?

It’s a common question in sunny Las Vegas—and the answer is: usually, yes, but with some fine print.

Solar panels can boost a home’s value by making it more energy-efficient, appealing to eco-conscious buyers, and reducing future utility bills. According to multiple studies, homes with owned solar systems (not leased) often sell for more than comparable homes without solar. The increase in value can vary depending on system size, age, and the local market.

For Buyers:
Solar panels can mean lower monthly utility costs and long-term savings. However, it’s important to check if the system is owned or leased. Leased systems may complicate financing or transfer terms, so be sure to read the fine print and ask questions during the buying process.

For Sellers:
If you own your solar panels outright, they can be a strong selling point and may increase your home’s market value. But leased panels? That’s where it gets tricky. Buyers may hesitate if they have to assume a lease, so clarity and transparency go a long way.

As a Las Vegas real estate agent:
I help clients navigate the pros and cons of solar every day. I know which questions to ask, how to highlight energy savings in listings, and how to price accordingly. Whether you’re buying a solar-equipped home or selling one, I’ll help you make the most informed move.

 

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Jason Tomei

Agent | RE.S.0176035

+1(702) 819-9438

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