16 Best Solar Companies in Chaska, MN (Mar 2023 Review)

The Cost and Benefits of Solar in Chaska

Solar panels run off a free energy source — the sun — but to take advantage of this you first need to pay to set up your system. There are quite a few factors you should take into consideration when determining the overall cost and how much you can save, such as:

• Your power bills: This will impact how much money you might save. In Chaska, the average homeowner can save about $1,300 a year on their electricity bills.
• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Average daily sunlight: Since Chaska doesn't get a lot of average daily sunlight, your solar system may not be able to produce enough energy to power your whole home, which affects how much you can save on your energy bills.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of your solar system installation from your federal taxes. In addition, not including incentives, you can save about $18,000 over 20 years on your energy bills.

Solar is a profitable investment for most homeowners. You can produce your own electricity instead of paying for it from a utility company and take advantage of solar incentives and rebates, all while helping protect the environment.

Solar Incentives in Chaska

Although solar power is typically a $15,000 to $25,000 investment, it can save you much money over the lifespan of your solar panels due to reduced energy bills and government incentives. These incentives mostly consist of cash rebates, tax credits and/or performance-based incentives. They can lower the cost of going solar by 30%, upwards of 50% in some cases. In our article on solar incentives, you can see the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Chaska

There are a few big reasons why homeowners are considering solar energy: for the good of their bank accounts and the planet. But you may be wondering — how much exactly can you help the planet by using solar power? If your family consumes a lot of energy, you can have an even greater impact on the planet by switching to solar power. Though solar panel production releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have produced if you still used nonrenewable energy. In Chaska, you can reduce your carbon footprint by 90 pounds a year with solar panels. As you can see, using solar power has so many other rewards beyond saving money. One of the most important ones is that you can help save the planet too.