17 Best Solar Companies in Blaine, MN (Nov 2022 Review)

The Cost and Benefits of Solar in Blaine

Although solar panels can save you money on power bills over time, it's necessary to know the upfront costs. The overall price and potential savings vary depending on a few important factors such as:

• Your current energy bills: Solar panels can substantially decrease, or totally eliminate, your utility bills. In Blaine, you can save an average of $119 a month.
• The amount of sunlight your home gets: Because of Blaine's relatively low amount of average daily sunlight, you might not see as many savings on your electricity bills.
• The kind of solar panels you're planning on getting: Some are more costly, so that will shape your budget for your solar project.
• Incentives: Those who buy and install a solar system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $19,000 on your energy bills over 20 years not including incentives.

Thanks to solar panels decreasing in cost as well as local and federal solar incentives, they are a sound investment for many homeowners.

Solar Incentives in Blaine

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a significant amount of money over time because of reduced energy bills and government incentives. When you install a solar panel system, you can take advatage of the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. In addition, there are often some regional incentives that you can use to further cut back on the cost of solar of solar panels. You can learn about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Blaine

Installing solar panels can have a beneficial impact on the environment. You may be curious — how much does going solar help the environment anyway? In a city like Blaine where energy use is rather high, making the switch to solar power is a great plan for people who are eco-conscious. Since solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good swap for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 90 pounds each year. As you can see, investing in solar has so many other perks besides saving money. One of the primary ones is that you can help save the planet too.