15 Best Solar Companies in Brooklyn Park, MN (Jun 2022 Review)

The Cost and Benefits of Solar in Brooklyn Park

When picking a solar company, most homeowners or business owners think about the costs above all. Some important factors that determine the cost of installing a solar panel system on your home and how much money you could save over time are:

• Your household's power bills: With fairly high monthly power bills in Brooklyn Park, you could save about $1,400 a year with solar.
• Electricity consumption: The average household in Brooklyn Park uses a decent amount of, and so may save on their energy bills.
• Your income and budget: This guides what type of solar panels you can purchase.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 26% of the cost of installing your solar panel system from your taxes. Plus, not including incentives, you can save about $19,000 over 20 years on your energy bills.

So is buying solar panels worth it? Whether you'd like to reduce your electric bills, greenhouse gas emissions or both, solar panels are a solid investment for many Brooklyn Park homeowners.

Solar Incentives in Brooklyn Park

In order to increase solar panel installation and usage, incentives are offered by the government — and even some utility companies — to help make going solar more economically viable and accessible. When you install a solar panel system on your house, you can claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 26% of the cost of your solar panels. Additionally, there are often some state and city incentives that you can benefit from to further cut back on the cost of solar of solar panels. In the table below, you can see the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Brooklyn Park

One of the best reasons to use solar power is to cut your reliance on traditional energy sources like burning fossil fuels, which are hazardous for the environment. But you may be curious — how much exactly can you help the planet by going solar? The more power your household uses, the the more the environment will benefit from you switching to solar since you won't need to use as much nonrenewable energy. In Brooklyn Park, the average homeowner can lower their carbon footprint by 90 pounds a year once they go solar. As you can see, using solar power has so many other rewards outside of saving money. One of the main ones is that you can help save the environment too.