Definition
Solar panels convert sunlight into electricity, reducing or eliminating your utility bills. The effectiveness depends on sun exposure and climate. If your roof gets good sun and you own the system outright, you can benefit from federal tax credits and rising home value.
Not sure where this fits?
Answer a few questions and we’ll open the path that fits, at the right step.
Find my pathAbout this term
Solar panels reduce electricity costs and environmental impact. Solar effectiveness depends on sun exposure and climate. Solar incentives and tax credits are available. Solar panel ownership vs. leasing affects property value. Solar panels add value but should have good sun exposure.
Pro Tip
Verify you own the solar system (not leased or PPAed), understand warranty transferability, and confirm the system qualifies for tax credits before purchase.
Example
A home with 10 kilowatt solar panel system generating 80% of annual electricity needs.