How Much Value Does Solar Add to My Home?

Solar BasicsHome ValueCentral CoastCentral Valley
Written By Katrina Kramer

Solar-equipped homes, like this one, are gaining traction with buyers across California.

More Than Just Lower Power Bills—Solar Can Boost Your Property Value Too

If you’ve been wondering whether solar panels will increase the value of your home, you’re not alone. It’s one of the most common questions we hear from California homeowners. And the short answer is: yes—solar often adds value, sometimes significantly. But how much, and under what conditions, can vary. Let’s break it down.

Why Home Value Matters

Most solar conversations center around electric bill savings and tax incentives. But for many homeowners, resale value is a make-or-break factor—especially if you’re planning to move in the next 5–10 years. The good news? Solar tends to age well in real estate.

What the Research Says

  • Zillow found that homes with solar panels sell for 4.1% more on average than comparable non-solar homes.

  • A study by Lawrence Berkeley National Lab analyzed over 22,000 sales and found a premium of around $15,000 for homes with an average-sized owned system.

  • California homes—particularly in high-cost utility areas—see stronger premiums due to high buyer awareness and energy cost concerns.

Local Market Snapshot: Central Coast & Central Valley

In both the Central Coast and the Central Valley, solar-equipped homes are increasingly attractive to buyers—especially with ongoing utility rate hikes and the push toward electrification. PG&E’s rate structure, NEM 3.0, and a growing EV market mean that solar isn't just “nice to have”—it’s becoming expected.

Real-World Perspective from Central California

According to Ken Neufeld, a top real estate agent in Fresno:

“Owned solar has the best impact on home resale values and can increase property value by $10,000–$15,000. Buyers see it as a long-term asset—especially in California where utility costs are high.”

If you’re on the Central Coast and have real estate-specific solar questions, Seth Pearson, one of our local sales representatives, can help walk you through what’s relevant in your neighborhood.

Do Buyers Actually Want Solar?

Yes—more than ever. According to the National Renewable Energy Lab (NREL), homes with solar tend to:

  • Spend less time on the market

  • Sell closer to (or above) asking price

  • Attract younger buyers and remote workers who value energy independence (source)

Tips to Maximize Your Solar ROI

  • Own it: Owned systems add value. Leased systems? Less so.

  • Keep documentation: Receipts, warranties, production estimates—these help appraisers and buyers understand what they’re getting.

  • Think curb appeal: Panel layout matters. Clean lines beat visual clutter.

  • Add storage: Battery systems make a big difference to buyers concerned about outages or peak rates.

Bottom Line

If you're in California and thinking about selling your home in the next few years, solar could give you an edge. It's more than just a way to save money—it’s a long-term asset that today’s buyers are actively looking for.

💬 Want to know how solar could boost your home’s value?

Schedule a free consultation with the Viva Energy team and we’ll help you run the numbers—no pressure, no jargon.

References

This article was drafted with the assistance of AI and reviewed by the Viva Energy team for accuracy and clarity.
Katrina Kramer
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How to Choose the Right Solar System for Your California Home