FHA has a little-known guideline to value residential for solar PV installations (and even wind). Homeowners, appraisers, lenders and real estate professionals would do well to look it up. To encourage the growth of solar power, HUD has a formula for establishing an appraised value on a residential solar PV system. An appraiser must first see if other homes with solar PV are within the market area. If no market data can be found, FHA permits "the amount of increase which would be paid for a property with a solar system would be the lesser of the actual cost of the solar system installed in the subject house or 20 percent of the market value of the property."
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