Does a solar power system increase property values and taxes?
According to the National Association of Realtors (NAR), the installation of a Solar Pv System will increase the value of your property the equivalent of 20 times your annual electric bill. Further, while property value increases, you will NOT be taxed on this increase resulting from the renewable energy system. Business owners are looking for ways to reduce energy costs. A facility with a solar energy system is an extremely attractive option. This can also mean quicker leasing and higher rental rates for the landlords.