Do my property taxes or property insurance rates change if I install a solar power system?

The increase in property value is due to a renewable energy solution, so your property taxes cannot increase ─ but your insurance will increase marginally to cover any losses that may occur due to your newly installed system. The increase is usually around $75-$100 per year for a typical residential system.

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Do my property taxes or property insurance rates change if I install a solar power system?

The increase in property value is due to a renewable energy solution, so your property taxes cannot increase ─ but your insurance will increase marginally to cover any losses that may occur due to your newly installed system. The increase is usually around $75-$100 per year for a typical residential system.

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*Big Wave Solar is a registered trademark. A solar power system is customized for each home, so pricing and savings vary based on location, system size, roof condition and roof space, azimuth, tree location, government rebates, and local utility rates. Savings on your total electricity cost is not guaranteed. Financing terms and warranties vary based on location and are not available in all areas.

HIC #s – NJ: 13VH10935800