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

The Cost and Benefits of Solar in Chanhassen

For many readers, the decision of which solar company to hire comes down to prices. A few important factors that determine the cost of installing solar panels on your home and how much it could save you over time include:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $18,000 over 20 years with your solar system, too.
• Your current electricity bills: Solar panels can dramatically reduce, or completely eliminate, your utility bills. In Chanhassen, you can save an average of $112 a month.
• Energy consumption: Installing solar panels may be too steep of an option for homes that don't use a lot of energy per month.
• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels are more expensive 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.

There are several great benefits of solar despite the initial cost of installation. It can help the Earth and your wallet. Additionally, it can increase the value of your home, leading to even more benefits if you decide to sell your home later.

Solar Incentives in Chanhassen

There are many reasons why you should switch to solar. One of them includes some government incentives that can help save you some money. In addition to the federal solar investment tax credit, there are also some local incentives, which in the majority of cases, stack with the federal incentive, so you get to save even more. Our article on solar incentives goes over more in-depth information on the incentives you can benefit from in Chanhassen.

Environmental Impact of Switching to Solar in Chanhassen

Replacing nonrenewable energy with solar power is a compelling way to do what you can for a more eco-friendly future. Something many might be asking themselves is how much can they really help save the environment by going solar anyway? No matter where you are, you can help the planet by switching to solar energy, but homes that use lots of energy will have an even greater impact. Once you go solar, your carbon dioxide emissions can be lowered by about 90 pounds a year. The perks of solar power are infinite — just like solar power is! That's why so many homeowners have been happy with committing to solar.