As an extra benefit, by law (CA Tax Code Section 73) the increased property value from a solar system installed before January 1st, 2017 is exempt from property tax. That’s right: increased property value without increased property tax. According to the National Association of the Remodeling Industry, Appraisal Journal, the Electric & Gas Industries Association, Wells Fargo Bank, SMUD, as well as many local appraisers, the addition of a utility-connected solar electric system will roughly increase a property’s value equal to the post-rebate value of the system. The increased resale value of a solar-powered property can allow a property owner to recoup the initial cost of the system and possibly more, making early payback happen when the property is sold! Plan It Solar maintains a list of solar-knowledgeable appraisers to help ensure that you receive the proper return on your solar investment if and when you choose to sell your solar property.
Contact Plan It Solar at:
For additional information, visit these websites: