17 Best Solar Companies in Falcon Heights, MN (Jan 2023 Review)

The Cost and Benefits of Solar in Falcon Heights

We get that for many homeowners, the decision to invest in solar comes down to installation costs. 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 including:

• How much electricity your household consumes: Homes that consume plenty of energy each month may call for more solar panels and, consequently, be more costly, but will also enjoy more savings over time.
• 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.
• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save on your utility bills, which can give you an average of $19,000 of savings over 20 years.
• Whether or not your roof gets a lot of direct sunlight: This, along with your roof configuration, affects affect how much energy your solar panels can make.

So is buying solar panels worth it? Whether you want to reduce your electricity costs, carbon dioxide emissions or both, solar panels are a great investment for many Falcon Heights homeowners.

Solar Incentives in Falcon Heights

Although solar power is typically a big investment, it can save you a considerable amount of money over several years due to smaller power bills and government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much your solar project cost on your tax return, reducing the amount of taxes you owe that year. Additionally, there may be some state and city incentives that stack with the ITC too. Our article on solar incentives goes over more information on the incentives you can take advantage of in Falcon Heights.

Environmental Impact of Switching to Solar in Falcon Heights

One of the most compelling reasons to use solar power is to cut your reliance on nonrenewable energy sources like burning fossil fuels, which are destructive for the environment. Something many might be thinking about is how much can they really help save the environment by going solar anyway? How much energy you use is an important factor to think about. The more energy your household consumes, the larger your impact when you go solar. Even though making solar panels emits carbon dioxide, the panels make up for it by considerably decreasing the amount of CO2 you would have released if you still used nonrenewable energy. In Falcon Heights, you can reduce your carbon footprint by 90 pounds a year with solar panels. As you can see, investing in solar has so many other perks outside of saving money. One of the primary ones is that you can help save the Earth too.