Consumers have begun to embrace solar energy at a much faster rate.
The year 2012 saw the demand for solar panels more than double, and the U.S. will most likely become one of the biggest markets. Recent signs show the popularity of green home features growing, and solar power is no exception.
Like any potential upgrade, however, there is no typical approach to valuation, particularly since the value of solar energy itself has yet to be standardized.
This means that along with other green elements, it’s important that appraisers learn to understand and evaluate solar features now, as their appeal only looks to increase.