11 Best Solar Companies in Fairmont, MN (Feb 2023 Review)

The Cost and Benefits of Solar in Fairmont

For many readers, the decision of which solar installer to hire depends on pricing. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• The cost of electricity in your area: If your local electricity rates are quite high, there's a good chance you'll see a higher return on your investment in a solar system. In Fairmont, you can save an average of $102 a month on your electricity bills.
• Incentives: Those who purchase and install a solar system this year can save 30% of their overall solar costs by taking advantage of the federal solar investment tax credit. You can also save about $16,000 on your utility bills over 20 years without incentives.
• System size and type: Some models are more costly than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• How much energy you use: If your home needs to use a lot of energy, you'll reap more rewards from switching to solar.

Solar is a profitable investment for most homeowners. You can produce your own energy instead of paying for it from the grid and benefit from solar incentives, all while helping protect the planet.

Solar Incentives in Fairmont

Since solar power is more sustainable than burning fossil fuels, there are some government incentives available to encourage people to make the switch. State and city solar incentives vary by location and, sometimes, utility company. Many states offer rebates for home solar power systems, in addition to the federal solar tax credit. Take a look at our article on solar incentives to see what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Fairmont

There are many reasons to make the switch to solar energy, like saving money on electricity bills and helping to reduce your carbon footprint. You may be asking yourself — how much does making the switch help the environment anyway? If your household consumes lots of energy, you can impact the environment even more by switching to solar energy. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 90 pounds each year. If you want to do your part for the environment, you'll most likely recognize that there are many benefits of adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is invaluable.