Photovoltaic solar farms are utility-level ground-mounted arrays of interconnected panels converting sunlight into electricity. Little is known about the extent of any disamenity impact from photovoltaic solar farms, despite numerous examples of communities objecting to their construction. This paper analyses the disamenity impact of photovoltaic solar farms on households in England and Wales revealed by changes in property prices. Using a property fixed-effects model we find that properties ≤750m south of a >5MW operational solar farm suffer a 5.4 percent reduction in relative prices. The impact of solar farms ≤5MW or >750m, or situated south of properties is statistically insignificant.
|Publication status||Accepted/In press - 4 Jan 2022|