Get matched with top solar panel pros in Bow, NH

There are a few great questions to ask a solar contractor or inspector when you speak to them. You’ll probably want to find out about the energy yield and efficiency of your array, ensuring the actual output matches the amount you calculated when installing the array in the first place. It’s also a good idea to find out about any damage or wear and tear on the array and to inquire about how soon you need to make repairs or replacements to essential components.

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.

Solar panels can pay for themselves in five to 15 years, depending on the cost of your system, how much energy it generates, whether you qualify for incentives or power buybacks, and the price of energy in your area. Solar panels pay for themselves over time as they lower electricity bills, so it will take time to recoup your initial investment. However, the longer you have your system, the more money you can save and earn.

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.