Get matched with top solar panel pros in Salem, IL

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.

Depending on the climate in your area, the best time to install solar panels is either winter or early spring. Summer is a fine time to install panels, too, but it tends to be the busy season, so prices may be higher and companies may have packed schedules. The installation process can take more time than expected between getting permits and finalizing a design, so start as soon as you can.

Installing solar panels involves drilling small holes in your roof to secure the solar panel mounting brackets. These brackets hold the solar panels in place and must withstand strong weather conditions so they’re secured into your roof. However, holes and screws are sealed to prevent leaking and further damage.

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.