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Study finds Solar Panels Increase Home Values

By: McCoy's Editorial Team

Choosing to install a solar panel onto your home may have more benefits than earning yourself a green halo. Many homeowners have dismissed the idea of adding photovoltaic power sources to their home because steep panel costs negated any decreases they might see in their energy bill. But a recent study by the Lawrence Berkeley National Laboratory showed that from 2001 to 2009, California homes with solar panels garnered significantly higher selling prices over non-photovoltaic houses, nearly three times the price premium.

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