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Yes, installing solar panels or a solar roof can increase your home's value by approximately 4% to 6%. For a home with a median value of $429,000, this could translate to an increase of around $17,000. A well-maintained solar installation appeals to environmentally-conscious buyers and those looking to lower their utility bills, often helping homes sell faster and at a premium in areas with high electricity rates. However, the exact increase in value depends on factors like the local real estate market, energy costs, and available solar incentives. It's also important that the system is correctly installed and maintained; an older or poorly maintained system may not add significant value, particularly if it's near the end of its lifespan. Other solar features, like panels on a shed, can also boost your home's value.

As long as your solar panels are properly installed without damage to your roof, they will not shorten the roof’s life span. Solar panels can act as a cover or barrier to your roof and help block external elements, such as debris, heat, and UV rays. Reduced exposure to the weather can extend your roof’s life.

The best solar panels to withstand hail are those rated UL 61730. These solar panels are certified to withstand hailstones up to 3 inches in diameter and travel at speeds up to 88 mph. IP68 solar panels are the next most resilient solar panel. Solar panels without these ratings can handle hail up to 1 inch in diameter that travels up to 50 miles per hour. If you live in an area with frequent or severe hailstorms, purchasing UL 61730 solar panels is often worth the investment.

Homeowners replace their solar panels after 25 years. That said, you don’t necessarily need to replace them at the 25-year mark. You’ll notice a declining ability to produce electricity over time. Most homeowners spring for a replacement when they notice their energy bills creeping up to regular levels or when solar panel repairs are extensive, frequent, and no longer economical.