15 Best Solar Companies in Deephaven, MN (Jan 2023 Review)

The Cost and Benefits of Solar in Deephaven

For many people considering switching to solar, the decision of which solar installer to go with comes down to prices. Some key factors that influence how much it will cost to install solar panels on your home and how much it could save you over time include:

• Your energy bills: This will impact how much money you might save. In Deephaven, the average homeowner can save about $1,300 a year on their electricity bills.
• Average daily sunlight: Since Deephaven doesn't get a lot of average daily sunlight, your solar system may not be able to generate enough energy to power your whole home, which influences how much your solar panels can save you on your electricity bills.
• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $18,000 over 20 years with your solar panels, too.

So is buying solar panels worth it? Whether you want to lower your electricity costs, greenhouse gas emissions or both, solar panels are a worthwhile investment for many Deephaven homeowners.

Solar Incentives in Deephaven

Switching to solar power has many great benefits. Not only can it help preserve the Earth, but you can also save some money on your installation with various government incentives. In addition to the federal tax credit incentive, there are also some local benefits, which in the majority of cases, stack with the federal incentive, so you can save even more. For comprehensive information about incentives that apply to you, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Deephaven

One of the best reasons to switch to solar power is to cut your reliance on nonrenewable energy sources like burning fossil fuels, which are destructive for the environment. But how much can switching to solar actually help the environment? The average person has a sizable carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions a year, and powering their home, it can be overwhelming to think about what to do. Switching to solar is a simple thing you can do to help. In Deephaven, the average resident can lower their carbon footprint by 90 pounds a year once they go solar. Since solar energy is renewable and makes electricity without CO2 emissions, installing solar panels is one easy step you can take to help the planet.