
“Buying a solar energy system will likely increase your home’s value,” says the Department of Energy. “A recent study found that solar panels are viewed as upgrades, just like a renovated kitchen or a finished basement, and home buyers across the country have been willing to pay a premium of about $15,000 for a home with an average-sized solar array. Additionally, there is evidence that homes with solar panels sell faster than those without.”
Here are the 10 cities in the Northeast U.S. with the most untapped solar potential:
1. Providence, Rhode Island
2. Rochester, New York
3. Syracuse, New York
4. Worcester, Massachusetts
5. Buffalo, New York
6. Boston, Massachusetts
7. Newark, New Jersey
8. August, Maine
9. Albany, New York
10. Concord, New Hampshire
To read the full report, complete with more information on each city, please visit: https://www.redfin.com/blog/2017/01/solar-power-is-an-untapped-resource-in-these-10-cities.html
About Redfin CorporationRedfin (www.redfin.com) is the next-generation real estate brokerage, combining its own full-service agents with modern technology to redefine real estate in the consumer’s favor. Founded by software engineers, Redfin has the country's #1 brokerage website and offers a host of online tools to consumers, including the Redfin Estimate, the highly accurate automated home-value estimate. Homebuyers and sellers enjoy a full-service, technology-powered experience from Redfin real estate agents, while saving thousands in commissions. Redfin serves more than 80 major metro areas across the U.S. The company has closed more than $31 billion in home sales and saved customers more than $335 million in fees through 2015.
For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center.
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