A brand new Zillow analysis reveals that properties with photovoltaic power programs bought for 4.1% extra, on common, than others nationwide up to now. The sale premium varies by market: e.g., 5.4% in New York, 4.4% in San Francisco and three.6% in Los Angeles. Zillow primarily based its report on properties offered between March 1, 2018, and Feb. 28, 2019, that included any variants of the next phrases within the itemizing description: photovoltaic panel, photovoltaic collector, photovoltaic cell, photovoltaic battery, solar vitality, solar energy, solar electrical energy, photovoltaic, PV panel, and PV system.
In honor of Earth Day, Zillow helps inform owners and consumers about their real own solar potential by placing a “Sun Number” on greater than 84 million houses nationwide. The Solar Number measures the roof of every residence and calculates the pitch, orientation, and dimension of every roof airplane. It determines the quantity of solar that hits each sq. the meter of the house’s roof, bearing in mind components similar to timber or taller buildings that would block daylight. Lastly, it provides essential elements identical to the price of electrical energy and photovoltaic and the native climate situations. The top result’s a quantity between zero and 100; the top the rating, the extra appropriate for photovoltaic that home is.
Although specific markets’ solar power potential appears apparent – e.g., good in Phoenix and never pretty much as good in Seattle – the Sun Number exhibits much more nuanced, says Zillow. Zillow analyzed more significant than 500 metro areas, and though the highest 10 are mostly communities within the Southwest, there are some surprises: San Jose, Calif., (90) tied with Phoenix and Yuma, Ariz., for eighth. San Francisco checks incorrectly forward of sunny San Diego and Tampa, Fla., at a higher than respectable 87, particularly given its status for fog. Nationally, the median Solar Quantity is 78.