18 Best Solar Companies in Bradford, MN (Mar 2023 Review)

The Cost and Benefits of Solar in Bradford

For a lot of homeowners, whether or not you should invest in solar energy depends the most on the cost. The cost and possible savings vary depending on a few key factors such as:

• Your home's power bills: With very high monthly electric bills in Bradford, you could save about $1,500 a year with solar.
• Electricity consumption: The average home in Bradford uses a decent amount of, and therefore may save on their energy bills.
• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your energy bills, which can lead to an average of $20,000 of savings over 20 years.
• Choice of solar panels: The kind of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.

Though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, like the kind of solar panels you get and your local electricity rates.

Solar Incentives in Bradford

Since solar power is a cleaner source of energy than fossil fuels, there are a number of government incentives in place to encourage its adoption. State and city solar incentives depend on the location and, sometimes, utility company. A lot of states offer rebates for solar panels, in addition to the federal solar tax credit. In our article on solar incentives, you can see the incentives you qualify for in Bradford.

Environmental Impact of Switching to Solar in Bradford

There are a few key reasons why homeowners are considering solar energy: for the financial and environmental benefits. Something many people might be asking themselves is how much can they really help the environment by switching to solar power anyway? If your family uses a lot of energy, you can help the environment even more by switching to solar power. Although solar panel production releases carbon dioxide emissions, the panels make up for it by significantly lowering the amount of CO2 you would have produced if you still used traditional energy. In Bradford, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since solar energy is renewable and generates electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help the planet.