Series Understanding the Solar Home Price Premium : Electricity Generation and “ Green ” Social Status

@inproceedings{Dastrup2010SeriesUT,
  title={Series Understanding the Solar Home Price Premium : Electricity Generation and “ Green ” Social Status},
  author={Samuel R Dastrup and Joshua S. Graff Zivin and Dora L. Costa and Matthew E. Kahn},
  year={2010}
}
This study uses a large sample of homes in the San Diego area to provide some of the first capitalization estimates of the resale value of homes with solar panels as compared to comparable homes without solar panels. While the residential solar home market continues to grow, there is surprisingly little direct evidence on the market capitalization effect. We find evidence using both hedonics and a repeat sales index approach that solar panels are capitalized at roughly a 3% premium. This… CONTINUE READING
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