Get matched with top solar panel pros in Denton, NC

Solar roofing shingles may qualify for significant federal tax incentives through programs like the Residential Clean Energy Credit, which offers up to 30% of installation costs through 2032. State and local governments often provide additional credits, and utility companies may offer further rebates or net metering programs, depending on the state. Just look into the qualification requirements beforehand because installation, documentation, and technical standards can impact eligibility. Consult the current guidelines and a tax professional to maximize available benefits.

The best way to save money on solar panels is to take advantage of federal and state solar incentives. For example, the solar investment tax credit (ITC) offered by the federal government can save 30% of your total—if you can take the entire credit, which is based on income taxes owed—or an average of around $9,000. You can check the Database of State Incentives for Renewables and Efficiency (DSIRE) for state and local incentives that could save you even more.

Yes, it is possible to install solar panels on a tar and gravel roof, but it is not the ideal roofing material for a solar installation. The process requires roof penetrations to install the solar racking system. While installers will seal these penetrations, they still increase the risk of leaks. This risk is higher on tar and gravel roofs, which are often flat. Flat roofs are more prone to leaks than sloped roofs because they can pool water during heavy rain and hold snow for longer periods, exposing the roof to more moisture.

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.