How will having a solar thermal system affect the taxable and resale value of my home?
Everyone wants to save money on their energy bills, so having such an efficient and economical means to heat water will be an attractive feature to any prospective buyer. Therefore it will add value to your home’s resale price. However because this improvement to your home produces high energy and carbon savings, your state is not permitted to consider it as a taxable improvement to your home and thus not permitted to raise your property taxes as a result.