KINGSTON, R.I. – September 30, 2020 – A study of the impact of utility scale solar power installations on nearby housing prices by University of Rhode Island economists found that house prices within a mile of a Rhode Island or Massachusetts solar array declined by an average of 1.7%. Homes within a tenth of a mile of the installations declined by 7%.
“What this means is that we need to be smarter in siting our solar installations,” a Professor at UofRI said. “We should be building in areas that don’t have a lot of properties close to the array. And not building on farm and forest land in non-rural areas would significantly help the calculation."
To read the article, click Housing Prices Decline within mile of solar energy arrays
- Log in to post comments