12 Best Solar Companies in Hutchinson, MN (Mar 2023 Review)

The Cost and Benefits of Solar in Hutchinson

We know that for many homeowners, the decision to invest in solar comes down to installation costs. Some important things that determine the upfront cost and potential savings over time include:

• Electricity consumption: The average household in Hutchinson uses a decent amount of, and therefore may save on their energy bills.
• The kind of solar panels you're planning on getting: More high-tech panels are more expensive, so that will determine your budget for your solar project.
• How much energy costs for you: If your local electricity rates are quite high, there's a better chance you'll see a higher return on your investment in a solar panel system. In Hutchinson, you can save an average of $107 a month on your electricity bills.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can benefit from. Plus, you can save about $17,000 over 20 years on your utility bills, not including incentives.

So are solar panels worth it? Whether you'd like to decrease your energy bills, carbon dioxide emissions or both, solar panels are a good investment for many Hutchinson homeowners.

Solar Incentives in Hutchinson

One of the great things about installing a solar panel system is receiving incentives from the government. State and city solar incentive programs vary by location and, sometimes, utility company. A lot of states offer rebates for solar panels, in addition to the federal solar tax credit. You can learn about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Hutchinson

There are a few big reasons why homeowners want to invest in solar energy: for the good of their bank accounts and the planet. But how much can installing solar panels actually help the environment? If your family consumes lots of energy, you can help the environment even more by switching to solar power. Because solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good trade for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 90 pounds each year. The benefits of solar power are abundant — just like solar power is! That's why so many people have been happy with making the switch to solar.