13 Best Solar Companies in Baxter, MN (Oct 2022 Review)

The Cost and Benefits of Solar in Baxter

We know that for most homeowners, the choice to invest in solar hinges on installation costs. A few important factors that dictate how much it will cost to install solar panels on your home and how much money you could save over time include:

• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of your solar system installation from your taxes. In addition, not including incentives, you can save about $16,000 over 20 years on your energy bills.
• average energy usage: The more energy your household uses on average and the higher your current energy bills are, the more likely you'll benefit from making the switch to solar.
• System size and type: Some models are more costly than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• How much you spend on energy: The average household in Baxter pays around $1,200 a year on power alone, so you could end up with that much in savings.

Thanks to the cost of solar panels being lower than before as well as several solar incentives, they are a solid investment for most homeowners.

Solar Incentives in Baxter

If you're planning on switching to solar power, various government incentives and state programs can greatly bring down the installation costs and expedite the return on your investment. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially pair the ITC with other local rebates and benefits. Check out the table below to see what incentives are available to you.

Environmental Impact of Switching to Solar in Baxter

One of the best reasons to embrace solar power is to cut your dependence on traditional energy sources like burning fossil fuels, which are destructive for the environment. But how much can using solar energy instead of traditional energy actually affect the environment? In Baxter, where the energy generation produces a lot of greenhouse gasses, going solar can have a significant effect on the planet since solar power is a renewable source of energy. When you go solar, your carbon emissions can be cut by about 90 pounds each year. For those who are worried about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.