Get matched with top solar panel pros in Shell Lake, WI

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.

The average cost to install solar panels is around $27,000, with most homeowners paying between $4,500 and $54,000. These prices don’t consider the federal investment tax credit (ITC), which can reduce costs by up to 30%. The final price depends on several factors, including the size of the system needed to offset your energy consumption, the amount of sunlight your home receives, your geographical location, the type and brand of panels, labor costs, and any add-on products like solar batteries or electric vehicle (EV) chargers. It is recommended to get price quotes from at least three solar companies in your area to find the best deal.

In most states, solar installers need to be licensed and insured as solar professionals, although some states don’t have specific requirements for installers. You can use our state licensing tool to check if an installer you’re considering hiring holds the proper licensing. No matter where you live, a member of your solar panel installation company must be a certified electrician to connect your panels to your home and the electric grid.

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.