17 Best Solar Companies in Centerville, MN (Oct 2022 Review)

The Cost and Benefits of Solar in Centerville

Solar panels run off a free energy source — the sun — but to take advantage of this you first need to pay to install your panels. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Energy consumption: Installing a solar system may be a high-cost option for families that don't need a good amount of energy a month.
• Your home's power bills: Because of fairly high monthly energy bills in Centerville, you could save about $1,400 a year with solar.
• Incentives: Those who buy and install a solar system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $19,000 on your energy bills over 20 years not including incentives.
• The type of solar panel system you can buy: This depends on your income and budget.

So is a solar panel system worth it? Whether you want to decrease your energy bills, greenhouse gas emissions or both, solar panels are a good investment for many Centerville homeowners.

Solar Incentives in Centerville

Although installing solar panels is typically a large investment, it can save you a lot of money over many years due to lower utility bills and government incentives. There are a lot of federal, state and local rebates and tax credits that let you earn a decent amount of money in return after paying for a solar panel system. The table below gives you an idea of the incentives you can find in Centerville.

Environmental Impact of Switching to Solar in Centerville

Swapping traditional energy for solar is a good way to do what you can for a more sustainable future. You may be trying to figure out — how much does making the switch help the planet anyway? One thing that can severely shape your carbon footprint is your commute time and how much you drive generally. If you install solar panels and have an electric car, you can greatly reduce your carbon dioxide emissions by charging your car at home. In fact, if you make the switch to solar power, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. If you want to do your part for the environment, you'll likely get that there are many advantages to adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is priceless.