Best solar panel pros near Hickory, KY

A few disadvantages of installing solar panels on your roof include the high up-front costs and the potential for increased property taxes. Installing solar panels can increase the home’s value, which in turn can mean higher taxes. Depending on your area, you should check with your local tax offices for more information. Another potential pitfall is roof leaks from a poor installation, but this shouldn’t be an issue if you hire a reputable company.

For most U.S. homeowners, switching to solar energy is an excellent investment. A properly sized solar array can significantly reduce your electric bill, saving money on utilities every month. Most homeowners enjoy savings that cover the cost of their solar systems within 12 years and then turn a profit. Additionally, federal and state tax incentives are available that help make solar an even better and more profitable investment.

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.

While you can minimally overshoot the number of solar panels you need for your home, it's not smart to go too far. Not only is the extra cost unnecessary, but your state may put caps on how much energy your home can produce and send back to the grid. It is always best to work with a solar energy professional to determine the best system size for you.