GREEN Appraisals Act of 2025
Congress Proposes New Rules to Ensure Solar Panels and Energy Savings Boost Home Appraisal Values
Stalled
No legislative action in over 90 days.
Legislative Progress
Key Points
- This bill would require mortgage lenders to tell homebuyers they have the right to include an energy report when their home is being valued. These reports show things like how much money solar panels save or how well a home keeps in heat.
- If a homeowner provides an energy report, the appraiser must look at it when deciding what the house is worth. This helps make sure that expensive upgrades like high-end insulation or renewable energy systems are actually counted in the home's final price.
- The rule applies to most common home loans, including those backed by the Federal Housing Administration, the Department of Veterans Affairs, and the Department of Agriculture.
- To make this work, appraisers would need to take a special seven-hour training course to learn how to read these energy reports and understand how green features affect a home's market value.
- Starting in March 2026, lenders would have to update their systems to handle these reports and give borrowers a free copy of the energy analysis if one was used for the loan.
Impact Analysis
Personal Impact
Life & Work
Small business owners in the home appraisal, energy auditing, and real estate lending industries would be directly affected. Energy raters and auditors could see increased demand for their services, which is a plus. However, small appraisal firms would face new training requirements (a 7-hour continuing education course with an exam) and new procedures, adding compliance costs.
Programs
Milestones
Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
GREEN Appraisals Act of 2025
Data Sources
Sponsor
Analysis generated by AI. Always verify with official sources.