Get matched with top solar panel pros in Jack, AL

Insurance companies aren’t against solar panels, but they may have concerns about the risks and costs of insuring solar. The type of policy, where you live, and the insurance company itself matter. Extreme weather can damage solar panels, and faulty installation or electrical malfunctions pose a fire risk—this, in turn, can increase insurance company liability and payouts. However, you’re likely to keep coverage as long as you have a pro install the solar system, keep it maintained, can pass a solar panel inspection, and update your homeowners policy to include solar.

The average cost to install solar panels is around $27,000, with most homeowners paying between $4,500 and $54,000. These prices don’t consider the federal investment tax credit (ITC), which can reduce costs by up to 30%. The final price depends on several factors, including the size of the system needed to offset your energy consumption, the amount of sunlight your home receives, your geographical location, the type and brand of panels, labor costs, and any add-on products like solar batteries or electric vehicle (EV) chargers. It is recommended to get price quotes from at least three solar companies in your area to find the best deal.

Rooftop solar panels supply energy to a single household, where a solar farm can power multiple homes at once with clean energy. Residential rooftop solar panels cost more per watt with a lower project total, and those panels only service the residence they are installed on (in most circumstances). With a solar farm, multiple households can buy into the project and share the overall cost.

Solar batteries can be a great investment to help maximize your solar savings and make your system and home more valuable, but they’re most beneficial to customers who don’t have access to net metering. If your state or energy provider doesn’t provide net metering, batteries can be a great way to offset consumption even when your panels aren’t producing power. They also come with the added benefit of providing electricity through blackouts, so they’re valuable in areas prone to severe weather that could cause frequent blackouts. Your installer can help you decide if batteries are worthwhile.