We would be screwed for homeowners insurance

Homeowners associations come with perks like protecting home values, but many Americans living in these communities struggle when it comes to installing solar energy systems.

Such was the case for one desperate Redditor, who took to an anti-HOA subreddit for advice about a holdup with their HOA that was preventing them from updating their roof and installing solar panels. It seems that they just needed a certification of ownership, but the association was unresponsive.

If they didn’t get that certification, it could have disastrous effects, they added.

“We would be screwed for homeowners insurance and lose the amazing deal we got in our (solar/roofing) contract.”

Benefits abound when it comes to investing in solar energy. Though it requires an initial investment, solar panels are becoming more affordable, and taxpayers can claim a 30% tax credit on the cost of solar systems to their income taxes. Plus, solar users can save money in the long run, as utility bills decrease. Opting to install solar panels often increases home values as well.