home insurance

For decades, solar panels have been going up on roofs across America, meaning that nowadays a roof can help protect you from the elements and help insulate you from rising electric costs. For some, the environmental benefit of renewable energy is an added draw, as is the potential to sell excess power back to the utility company.

Clearly, there are a number of reasons to consider going solar, but it isn’t right for everyone. So, before you start dreaming of $0 power bills, ask yourself these eight questions to help determine if solar power is a good fit for you.

  1. Does my home even get enough sun?
    You may be surprised – you don’t necessarily need a south-facing roof, as is commonly believed. Professional installers can estimate how much power you can expect from solar panels. They’ll measure shade and determine the optimal arrangement, giving you figures on total available energy.
  2. Can I get tax breaks or assistance to help pay for my system?
    In many instances, yes. From federal tax credits to state and local incentives, including rebates on systems, it’s very common for homeowners to realize savings on the solar installations themselves in addition to their energy bills. Your installer should know about current programs.
  3. Will it be worth my investment?
    Take a look at what you spend on electricity now, as well as your future needs. For example, if you live in an area with inexpensive power, such as from a hydroelectric dam, you might not benefit as much from solar as someone in a remote area with higher electric costs. But, don’t limit yourself to the here and now — think ahead, too. If you have a growing family, your energy costs are likely to grow as well. Conversely, if your kids are almost ready to leave the nest, your costs could be headed down already.
  4. Do solar panels require a lot of maintenance?
    A yearly inspection and regular cleaning will help keep your panels operating efficiently. Be sure to discuss the recommended cleaning schedule with your installer if you plan to own your own system. It will vary depending on the specifics of your locale. If you lease the panels, you likely won’t be responsible for maintenance. Likewise if a third party, such as a utility company, installs, owns and maintains the panels on your behalf – this is often in exchange for discounted electricity rates.
  5. When will I start saving?
    That depends on the option you select. Buying a system yourself means that you’re making a large investment that should pay off over time, while leasing one or entering into a different agreement may provide you with more immediate, but smaller, savings.
  6. How long does a system typically last?
    Depending on the panels you select, you may receive a 25-year or so warranty. Inverters often are guaranteed for 5-10 but may last much longer.
  7. How do I choose an installer?
    Look for positive online reviews, get recommendations from friends and neighbors and check with the Better Business Bureau.
  8. Will solar panels increase my insurance costs?
    Solar panels increase the value of your home, so you may need to increase your home insurance coverage, too. Talk through your needs with your independent insurance agent before you install any system so that if your policy doesn’t already cover solar panels you can amend it to include your new system. And, don’t forget to add your system to your home inventory, too.

There are a number of great reasons to go solar, and perfectly valid reasons to stay on the grid, too. Whatever you decide, make a commitment to using energy efficiently and responsibly — that will benefit everyone, as well as the planet!


Conserve Energy at Home

Of course, there are plenty of ways to help cut your energy costs in addition to going solar. Learn some tips to help lower your winter energy bills and lower your summer energy bills.


For more information or if you have any questions regarding solar panels, home insurance or anything else, contact CLH Insurance at 636.391.0700 or email questions@clhins.com to connect with our insurance agents.

*Content provided by Safeco
Share |


Derek Dewitt said...
I have thought a lot about installing solar panels on my property, so thanks for sharing this. I like your point about how some solar panels have up to a 25-year guarantee. Ill be sure to ask about this so I know Im covered if anything happens to the panels. https://www.solarservices.com.au/solar-electricity
MONDAY, OCTOBER 01 2018 8:48 AM
Taylor Bishop said...
Thanks for explaining when solar power could be good for you. Its nice to know solar panels will need a yearly inspection. Im kind of interested to learn if its ideal to get an inspection right before summer on a cloudy day, especially if the weather can contribute to how quickly the inspection will go. https://www.coleyelectrical.com.au/our-services
Amit Bajpayee said...
Thanks for sharing this valuable information.

Really important questions are mentioned and one thing which I think important to see the size of our roof, please check direction, age, and angle of the roof before installing solar panels.

THURSDAY, JANUARY 31 2019 12:08 PM

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012

View Mobile Version
© Copyright. All rights reserved.
Powered by Insurance Website Builder