Recent research on the impact of solar farms on property values supports the conclusion that solar facilities do not decrease property values. Furthermore, there is no discernable impact on property values regardless of whether solar farms are located near residential, agricultural, or industrial properties.
Additionally, studies have found that substantial benefits are flowing to communities where solar farms are located. A report by the University of North Carolina examined the economic impact of more than 100 solar projects in over 50 countries and found that solar facilities have increased the tax revenue from agricultural property by between 1,000% and 10,000%.
Was this helpful?