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Go Solar
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Solar Panel Systems – Real Estate Valuation and Taxes

Owners of Solar Panel Systems are in a unique position where the County Property Tax Assessors for numerous counties across the country replied when asked if solar panel systems increased the value of commercial and residential properties their answer was no. Reasoning being, on the commercial side, systems don’t increase business income which is how taxes are determined. On the residential side, commissioners just said they were not inspecting or accounting for how many private residences had solar power systems.

Speaking with real estate appraisers and real estate agents the answer was a resounding yes. Both commercial and residential properties valuations are increased with solar power systems. Solar panel systems are considered an asset that adds to the value of the property.

In summary, owners of solar panel systems are not taxed for their systems yet appreciate the price increase of their homes and businesses. A Win – Win; for now.