[BLDG-SIM] property values and solar energy

[JRR]

John wrote on a toasted coconut shell with an electric tattoo needle;

I believe this is akin to the "swimming pool situation" with residential 
housing.
If the buyer wants a swimming pool it increases the value, and an 
outstanding swimming
pool could  seal the deal on a sale.  On the other hand a person who was 
not looking for a
swimming pool could consider the pool a detriment, just extra 
maintenance costs.

A  PV installation, although not nearly as economically beneficial as an 
active closed loop hot
water system; has no moving parts and takes almost no maintenance.  An 
active closed loop
system can require significant operator skill and day to day involvement 
to wring out all the
energy available. That's why Westwind calls it "Solar Sailing"  it's 
very much like sailing a
small boat in light  variable winds......

In our east coast mid-Atlantic region most solar systems are lost when 
the second owner needs a
new roof.  They just duck the extra expense and lack of repair trade 
skill with the new roof.....
PV increases value flat out even if some of the increase is Politically 
Correct desirability.
Active Solar is a swimming pool.  Wanna get your toes wet?

Brian Thornton wrote:

>Anyone have information on property value increases for including/adding
>solar energy (photovoltaics, and or hot water) to residential and/or
>commercial buildings.
>
> 
>
>There is a reference out there to the Appraisal Journal saying 1$ reduction
>in utility bills equals $20 in increased property values.  But this is for
>conventional conservation improvements for residential.  Does it apply to
>solar energy generation?
>
> 
>
>Thornton Energy Consulting
>
>p. 503-231-6600 f. 503-231-3555
>
>thorntonenergy at comcast.net
>
> 
>
>
>
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