Solar Can Increase Home Value

Residential Solar LightWave

Solar equipment is an asset that can improve property values.

Did you know a solar PV system can increase the value of a home or commercial building due to electric bill savings over its lifetime?  Whether you stay in your home or commercial space and enjoy those savings, or sell and pass on those savings to the next owner, the solar system will pay for itself over time.

According to a 2015 Berkeley Lab report, solar adds at least $15,000 to the value of a home. The study looked at real estate data in eight states (California, Connecticut, Florida, Massachusetts, Maryland, North Carolina, New York, and Pennsylvania) and shows an average selling price increase of $3.75/watt (for example, that would be $18,750 for a 5 kilowatt system). Click here to view the report summary.

With more solar on homes and businesses than ever, and more systems coming, the Appraisal Institute is eager to educate appraisers, assessors, realtors, lenders, builders, architects and other professionals on the value of solar PV systems.

The Appraisal Institute is holding a training event in Nashville to explain solar PV basics including technical lingo, equipment overview, and how to use PV Value, a handy online tool available to anyone that helps estimate the value of solar over the life of a system.

Appraisal Institute’s Residential & Commercial Valuation of Solar training event will be held on October 18-19, 2018, in Nashville, TN. Solar Appraisal Training details and registration are here.

Contact LightWave Solar for your free preliminary estimate!

The staff was incredibly friendly and knowledgable. in addition to keeping the area clean , we are very happy with the work and the price.
Denis Savouray
Denis Savouray
13:11 30 Nov 18
Light Wave Solar is terrific. All their people were great to work with, knowledgeable and on- the- ball. They were everything i could have asked for and i couldn't be happier with the system they installed. So far it is working just as i hoped!
Jeanie Stephenson
Jeanie Stephenson
23:00 26 Nov 18
I needed LightWave's help after a wind storm caused a tree to fall on my house. The tree destroyed ten solar panels on my roof. LightWave's technicians visited me to assess the damage and plan repairs. LightWave's project manager took over from that point. After the design was complete and approved, the installation crew completed the job in a single day. Every LightWave representative was pleasant and professional. I would recommend them to anyone who needs their services.
Mike Wiedemer
Mike Wiedemer
18:41 25 Oct 18
The whole team at LightWave Solar did an all-around excellent job! They showed up on time as expected and communicated everything very clearly on what I can expect to see and happen. They were all very professional and courteous throughout the entire process. I am already seeing MUCH lower electric bills. Thanks again to everyone at LightWave Solar, I greatly appreciated your services.
Nick Mielnik
Nick Mielnik
18:41 22 Oct 18
The entire team at LightWave Solar went above and beyond to ensure that our solar install was done on time, on budget, and to our satisfaction. Professional in every way. I can't get over how seamlessly they have integrated everything to our 1960 built home. Very well done. An added bonus is their handling of the necessary licenses, myriad forms and paperwork and approvals from local power company and TVA. These guys deserve 10 stars!
Shawn Kries
Shawn Kries
18:12 16 May 18
Great service and solar products. Professional installation and technical support. Installation quality outstanding.
Dan Larsen
Dan Larsen
13:56 22 Feb 18
Very happy with our 50KW solar panel array commercial system. Lightwave was extremely easy to work with.
Mark Fournier
Mark Fournier
13:19 08 Feb 18
We installed a 10 KW solar panel array on the roof of our home this past fall. The process required coordination between us (the customer), the local electric company (Nashville Electric Service) and the Tennessee Valley Authority (TVA). While this may seem daunting, it turns out that apart from signing a few routine documents, the process requires little to no effort on the part of the customer: Lightwave Solar takes care of all the details. Their attention to those details was impressive, which meant the whole operation was smooth, professional and basically worry free. The physical installation itself is a marvel of craftsmanship and technology. Lightwave Solar fully earns their five star rating and I recommend them without reservation.
David James
David James
06:07 22 Jan 18
Expert system design and expert install. Couldn’t be happier. Installed grid-tied roof-mounted 30kw system on rural lodge. Very happy with results on electric bill.
Greg Gough
Greg Gough
02:27 20 Jan 18
My first month's savings was over $100. This is in spite of shorter fall days, cloudy days, and rain. The shortest day of the year is in late December. Its best performance will be in the spring and summer. I am very pleased with it.
Gerald Dooley
Gerald Dooley
18:26 27 Oct 17

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