15 Best Solar Companies in Baldwin, MN (Mar 2023 Review)

The Cost and Benefits of Solar in Baldwin

We get that for most homeowners, the decision to invest in solar hinges on installation costs. The cost and possible savings vary depending on a few key factors such as:

• The amount of sunlight your city gets: Because of Baldwin's relatively low amount of average daily sunlight, you might not see as many savings on your energy bills.
• How much energy costs for you: The typical household in Baldwin spends around $1,500 a year on energy alone, so you could end up with that much in savings.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their overall solar costs by taking advantage of the federal solar investment tax credit. You can also save about $20,000 on your electricity bills over 20 years excluding incentives.
• The type and model of solar panels you want: More efficient models cost more, so that will influence your budget for your solar project.

Thanks to the cost of solar panels being lower than before as well as local and federal solar incentives, they are a worthwhile investment for most homeowners.

Solar Incentives in Baldwin

There are lots of reasons why adopting solar power is beneficial. One of them consists of some government incentives that can help save you some money. These incentives mostly take the form of cash rebates, tax credits and/or performance-based incentives. They can lower the cost of installing solar panels by 30%, upwards of 50% depending on where you live. Our article on solar incentives goes over more information on the incentives you can benefit from in Baldwin.

Environmental Impact of Switching to Solar in Baldwin

There are many reasons to trade traditional energy for solar energy, like saving money on utility bills and helping to lower your carbon footprint. You may be asking yourself — how much does going solar do for the planet anyway? Regardless of your location, you can help save the environment by switching to solar energy, but homes that use a lot of energy will have a bigger impact. In Baldwin, the average resident can reduce their carbon footprint by 90 pounds a year after going solar. For people who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.