The utility-scale solar industry has seen significant growth over the past decade and demand for renewable energy continues to grow as utility companies increase their investment in solar energy to meet customer demand, keep electricity prices affordable, and diversify their energy portfolio.
However, as utility-scale solar installations require large tracts of land, some communities have raised concerns a nearby solar facility may impact local property values. Real world experience has demonstrated this to not be true.
This fact sheet reviews different research studies that found utility scale solar installations have not had a negative impact on local property values.