12 Best Solar Companies in Carver, MN (Sep 2022 Review)

The Cost and Benefits of Solar in Carver

The cost of putting up solar panels has decreased immensely over the past few years, but it's still a large investment for most homeowners. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of installing your solar panel system from your taxes. Plus, not including incentives, you can save about $18,000 over 20 years on your energy bills.
• How much electricity your home consumes: Households that need plenty of electricity each month may need more solar panels and, consequently, more upfront cost, but will also benefit more over time.
• The amount of sunlight your roof gets: Because of Carver's relatively low amount of average daily sunlight, you might not see as many savings on your energy bills.
• The type of solar panel system you can afford: This hinges on your income and budget.

Solar is a rewarding investment for most homeowners. You can produce your own electricity instead of paying for it from a utility company and benefit from solar incentives and rebates, all while helping preserve the planet.

Solar Incentives in Carver

In an effort to increase the number of homes and businesses that use solar power, federal, state and local governments — and even some utility companies — offer incentives to help make going solar more economically viable and accessible. There are a lot of federal, state and local rebates and tax credits that can earn you a decent amount of money back after paying for a solar panel system. For more information about incentives for homeowners in Carver, see the table below.

Environmental Impact of Switching to Solar in Carver

There are lots of reasons to trade traditional energy for solar energy, like saving some money on utility bills and helping to reduce your carbon footprint. You may be trying to figure out — how much do solar panels help the planet anyway? If your home consumes a lot of energy, you can impact the environment even more by switching to solar energy. Though solar panel production emits carbon dioxide, the panels make up for it by considerably lowering the amount of CO2 you would have produced if you still used nonrenewable energy. In Carver, you can reduce your carbon footprint by 90 pounds a year with solar panels. As you can see, trading traditional energy for solar has so many other rewards apart from saving money. One of the primary ones is that you can help save the planet too.