Yes, installing solar panels can increase a home's property value, typically by around 4% or up to $6,000 per kilowatt of solar capacity, though this varies by location and system specifics. In 2025, this trend is expected to continue, with solar adding significant value to properties in many markets.
Multiple sources confirm that solar panel installations generally enhance property value. According to the primary source [1], solar can increase a home's resale value by approximately 4.1%, or about $6,000 per kilowatt of installed capacity, though this varies depending on geographic location and system efficiency. Larger or more efficient systems tend to offer better value, but smaller, high-quality systems can be equally impactful, especially if they are aesthetically unobtrusive.
Internationally, studies from Australia [3][4] indicate that solar panels can boost property values by around 4% on average, with some reports suggesting increases of up to 71% in perceived value among buyers. Factors influencing the degree of increase include local energy prices, community awareness, and the system's condition and size [2].
Overall, the consensus across these sources is that solar panels are a valuable investment that can positively influence property resale value in 2025 and beyond, especially as energy efficiency becomes more desirable among homebuyers.