“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%.
Those are among the findings of a report issued today by Corey Lang, URI associate professor of natural resource economics, and doctoral student Vasundhara Gaur. They discussed their study last night as part of a virtual lecture series sponsored by the URI Cooperative Extension.
“Utility-scale solar energy has been growing in southern New England over the past several years, and while it’s a really good thing to transition away from fossil fuels, it also comes with a new set of challenges,” said Lang. “It has become a contentious land-use issue because solar arrays take up quite a bit of land per unit of energy produced.””
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McLeish, Todd. URI News 30 September 2020.