February 01, 2017
Solar Power is an Untapped Resource in These 10 Cities

Redfin Teamed Up with Sun Number to Find the Top 10 U.S. Cities in the Northeast Region with Untapped Solar Potential

SEATTLE--(BUSINESS WIRE)-- The Northeast region of the United States may not seem like an ideal area for solar power, but there is actually a lot of untapped solar potential in that part of the country. Redfin (www.redfin.com), the next-generation real estate brokerage, teamed up with Sun Number, a U.S. Dept. of Energy SunShot-funded startup that has developed a patented, automated process for analyzing the solar potential of rooftops, to find out which U.S. cities have the most untapped solar potential. The company, which assigns cities a Sun Number based on a scale of 1 to 100, looked at cities with an average Sun Number above 70 in the Northeast. Redfin then looked at those areas with the lowest percentage of homes mentioning "solar panels" in their listing description to come up with the top 10 cities for untapped solar potential.

"Buying a solar energy system will likely increase your home's value," says the Department of Energy. "A recent study found that solar panels are viewed as upgrades, just like a renovated kitchen or a finished basement, and home buyers across the country have been willing to pay a premium of about $15,000 for a home with an average-sized solar array. Additionally, there is evidence that homes with solar panels sell faster than those without."

Here are the 10 cities in the Northeast U.S. with the most untapped solar potential:

1. Providence, Rhode Island
2. Rochester, New York
3. Syracuse, New York
4. Worcester, Massachusetts
5. Buffalo, New York
6. Boston, Massachusetts
7. Newark, New Jersey
8. August, Maine
9. Albany, New York
10. Concord, New Hampshire

To read the full report, complete with more information on each city, please visit: https://www.redfin.com/blog/2017/01/solar-power-is-an-untapped-resource-in-these-10-cities.html

About Redfin
Redfin (www.redfin.com) is the next-generation real estate brokerage, combining its own full-service agents with modern technology to  redefine real estate in the consumer's favor. Founded by software engineers, Redfin has the country's #1 brokerage website and offers a host of online tools to consumers, including the Redfin Estimate, the automated home-value estimate with the industry's lowest published error rate. Homebuyers and sellers enjoy a full-service, technology-powered experience from Redfin real estate agents, while saving thousands in commissions. Redfin serves more than 80 major metro areas across the U.S. The company has closed more than $40 billion in home sales through 2016.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com.  To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin's press release distribution list, subscribe here. To view Redfin's press center, click here.