Oh for sure 100%. i mean no you probably wont work 2 full time jobs, but you will get more work done! think about it, you drive an average of an hour or more to and from the office. then you get a lunch break, and other short breaks, talk to coworkers, and spend about probably only 4 hours actually working and get paid for 8 hours of work. Whereas if you work from home you'll get more done so the value will increase.
I work about 25 hours a week at home right now. I started with a startup tech company and at first we were doing 35 hours a week but we decided those 10 hours allowed us to work slowly. By cutting down our hours we were able to get more stuff done in a short amount of time with deadlines and the pressure of time limits