Do Solar Panels Increase Home Value in South Jersey?

Why Energy-Efficient Roofs Are a Smart Investment

Homeowners in South Jersey are always looking for ways to increase property value, reduce energy costs, and make their homes more appealing to buyers. Installing energy-efficient roofs is one of the best ways to do that. From green roofing solutions like solar panels to sustainable roofing options like metal roofing, energy-efficient upgrades not only lower utility bills but also boost resale value.

But exactly how much value do solar panels and energy-efficient roofs add? And is it worth the investment? The short answer is yes—homes with sustainable roofing features, especially solar panels, sell for more and often move faster on the market. Let’s break down why.

Solar Installation Panel South Jersey

How Much Value Do Solar Panels Add to a Home?

A study from the U.S. Department of Energy’s Lawrence Berkeley National Laboratory found that homes with solar panels sell for an average of 4.1% more than homes without them (source).

For a home in South Jersey valued at $400,000, this means an increase of about $16,400 just from adding solar panels. And that’s before considering long-term energy savings and government incentives.

Factors That Impact Added Home Value

The exact increase in home value depends on:

  • System Size – Larger solar systems generate more electricity, making them more attractive to buyers.
  • Energy Cost Savings – In areas with high electricity rates like South Jersey, buyers appreciate the lower bills that come with solar.
  • Incentives and Rebates – Programs like the Solar Investment Tax Credit (ITC) and New Jersey’s SREC program make homes with solar panels financially appealing.
  • Homebuyer Demand – More buyers are prioritizing sustainable roofing and green roofing in their search.

Why Buyers Are Willing to Pay More

Homes with energy-efficient roofs offer immediate financial benefits to buyers, including:

✔ Lower energy bills (potential savings of $80–$200 per month)
✔ Protection from rising electricity rates
✔ A lower carbon footprint
✔ Eligibility for state and federal solar incentives

Sustainable Roofing: The Growing Trend in Homebuying

1. Energy Savings Attract Buyers

A solar panel system can reduce electricity costs by 50% or more, making homes with solar more desirable. In South Jersey, where electric rates are above the national average, these savings add up quickly.

2. Government Incentives Make Solar Homes More Valuable

New Jersey offers excellent incentives for solar adoption:

  • Federal Solar Tax Credit (ITC): Homeowners can deduct 30% of solar installation costs from their federal taxes (source).
  • New Jersey’s Solar Renewable Energy Certificates (SRECs): Homeowners can sell these credits for extra income (source).

Because these incentives lower installation costs and increase savings, homes with solar panels are a better investment, which leads to higher resale values.

3. Sustainable Roofing Increases Home Appeal

According to the National Association of Realtors, 70% of homebuyers consider energy efficiency an important factor when shopping for a home. A house with sustainable roofing (solar panels, metal roofing, or green roofing solutions) stands out from the competition and sells faster.

How Metal Roofing Supports Energy Efficiency

If you’re considering energy-efficient roofs, metal roofing is another excellent option that pairs well with solar panels.

Why Metal Roofing Is a Smart Choice:

  • Durability – Lasts 40–70 years, far longer than traditional asphalt shingles.
  • Reflects Heat – Reduces cooling costs by 10–25% in summer.
  • Eco-Friendly – Made from recyclable materials and complements green roofing initiatives.

Many South Jersey homeowners are now combining solar panels with metal roofing for a truly sustainable and high-value home upgrade.

Do Homes with Solar Sell Faster?

Yes! According to Zillow, homes with solar panels sell 20% faster than those without.

Why?

  • Instant financial benefits – Buyers know they’ll save on electricity immediately.
  • More buyers prioritize green roofing – Many are specifically looking for sustainable roofing solutions.
  • Stand out in a competitive market – Homes with energy-efficient roofs attract more interest.

For sellers, this means less time on the market and a higher selling price.

Solar Installation Panel South Jersey

Long-Term Savings: Why Solar Panels Pay for Themselves

One of the best things about green roofing investments like solar panels is that they eventually pay for themselves.

Solar Payback Period in South Jersey

The typical payback period for a solar panel system in South Jersey is 5 to 7 years. After that, homeowners enjoy pure energy savings for decades.

For example:

  • System Cost (after incentives): $15,000
  • Annual Energy Savings: $2,000
  • Payback Time: ~7.5 years

After this period, every dollar saved goes straight back into the homeowner’s pocket.

The Future of Energy-Efficient Homes in South Jersey

With energy costs rising and environmental awareness increasing, energy-efficient roofs are the future of homeownership.

What This Means for Homeowners:

✅ Homes with solar panels will continue to increase in value
✅ Metal roofing and sustainable roofing will be in higher demand
✅ More buyers will prioritize energy efficiency in their search

If you’re thinking about making the switch to green roofing, now is the best time.

Get a Free Inspection and Boost Your Home’s Value

Thinking about installing solar panels or metal roofing? Find out how sustainable roofing can save you money and increase your home’s value.Get a free inspection now and take the first step toward a higher home value and lower energy bills!