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Cost/Value
Photovoltaic Solar
Cost/Value
$20 for every $1 reduction in annual utility bills.
The October 1999 issue of The Appraisal Journal, a publication of the Appraisal Institute, a professional association of real estate appraisers found that a $1 reduction in annual utility bills added $20 to the home value. So the value of your home increases 20x the annual savings in electricity. So if you save $1,000, your home value increases $20,000 without increasing property taxes.
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