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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.

It’s possible that installing solar panels can lead to mold on the roof. The panels themselves are not the issue. Problems caused by improper installation—such as roof leaks and mounts that aren’t sealed properly—can cause mold. Another potential cause of mold is debris accumulation under panels, which can trap moisture. If you live somewhere with extreme snow, rain, or hail, your home could be more prone to mold.

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, you should tell your home insurance company about your solar panels. Even if you believe they’re covered by your existing policy, installing a solar panel system is a significant change to your home. This can affect coverage and premiums. By discussing your new solar panel installation with your insurance provider, you can be sure you have enough coverage and that the policy completely covers the panels against damage.