In the Northeast, solar is one of the hottest real estate commodities. According to a study by Redfin Realty, the median sale price of a home with solar was $42,000 higher than the median sale price in Boston. This rise in price is largely due to Massachusetts’s solar incentives. But other factors are also at work. The government’s new rules on renewable energy are lowering energy costs for consumers.
Massachusetts houses are converting to solar more quickly than other parts of the country. Unlike other states, solar electricity has no environmental or health risks.
It’s quiet, non-polluting, and non-toxic, and it can cut your electric bills by 30 percent or more. And solar panels can be purchased at very reasonable prices. And many utilities offer incentives for homeowners who install solar. This is a big reason why more homes in Massachusetts are converting to solar.
While Massachusetts has the fifth-highest electricity rates in the country, solar electricity can significantly reduce that rate. Regardless of the cost, solar panels generate massive savings in the long run. This fast-growing industry is also a great way to contribute to the growing green economy.
