Get matched with top solar panel pros in Hereford, SD

Installing solar panels is worth it if you’re frustrated with paying high utility bills, live in a sunny location, and qualify for tax credits and incentives. Most homeowners cut between $650 and $1,500 from their utility bills each year by installing solar panels. Over the course of your panel’s warranty, you could save anywhere from $16,300 to $37,500, though those in sunny areas with high energy costs could save more than $100,000.

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.

The best solar panels to withstand hail are those rated UL 61730. These solar panels are certified to withstand hailstones up to 3 inches in diameter and travel at speeds up to 88 mph. IP68 solar panels are the next most resilient solar panel. Solar panels without these ratings can handle hail up to 1 inch in diameter that travels up to 50 miles per hour. If you live in an area with frequent or severe hailstorms, purchasing UL 61730 solar panels is often worth the investment.

Although solar panels harness the sun's power, they come at an environmental cost. The manufacturing process requires large amounts of water and involves hazardous materials like cadmium, silicon, and gallium arsenide. These materials don’t pose safety hazards while the panels are in use but can pose a problem when left in landfills. Over time, hazardous materials can leach into the environment. This is why recycling solar panels whenever possible is better than taking them to landfills.