14 Best Solar Companies in Coon Rapids, MN (Jul 2022 Review)

The Cost and Benefits of Solar in Coon Rapids

We get that for lots of homeowners, the decision to invest in solar depends on installation costs. There are several factors you should consider when determining the overall cost and how much you can save, such as:

• Energy consumption: Installing a solar system may be an expensive option for homes that don't need too much energy a month.
• Incentives: Tax-paying citizens who buy and install a solar energy system this year can save 26% of their total solar spend by using the federal solar investment tax credit. You can also save about $18,000 on your energy bills over 20 years excluding incentives.
• How much you spend on energy: The average household in Coon Rapids spends around $1,400 a year on electricity alone, so you could end up with that much in savings.
• System size and type: Some models are more costly than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.

Due to solar panels now being cheaper than ever as well as several solar incentives, they are a worthwhile investment for the majority of homeowners.

Solar Incentives in Coon Rapids

Although a solar power system is typically a big investment, it can save you a substantial amount of money over many years because of smaller utility bills and government incentives. In addition to the federal solar investment tax credit, there are also some state- and city-level incentives, which in almost all cases, can be claimed in addition to the federal incentive, so you can save even more. The table below lets you know about the incentives you can take advantage of in Coon Rapids.

Environmental Impact of Switching to Solar in Coon Rapids

One of the most compelling reasons to switch to solar power is to cut your dependence on nonrenewable energy sources like burning fossil fuels, which are damaging for the environment. But you may be curious — how much exactly can you help the planet by making the switch to solar? In a city like Coon Rapids where energy use is rather high, installing solar panels is a good idea for households who want to do their part for the environment. Once you go solar, your carbon emissions can be cut by about 90 pounds every year. Since energy from the sun is abundant and makes electricity without releasing carbon emissions, installing solar panels is one easy step you can take to help preserve the planet.