15 Best Solar Companies in Jordan, MN (Mar 2023 Review)

The Cost and Benefits of Solar in Jordan

Even though solar panels can help save you a good amount of money on electricity bills over time, it's important to know the upfront costs. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Energy consumption: Installing a solar system may be a high-cost investment for families that don't need a lot of energy each month.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state may also have various incentives that you can use. Additionally, you can save about $18,000 over 20 years on your utility bills, without incentives.
• Your income and budget: This affects what kind of solar panels you can purchase.
• Your current energy bills: Solar panels can substantially reduce, or entirely eradicate, your utility bills. In Jordan, you can save an average of $111 a month.

So is installing solar panels worth it? Whether you're trying to reduce your electric bills, carbon emissions or both, solar panels are a solid investment for many Jordan homeowners.

Solar Incentives in Jordan

Although solar power is typically a $15,000 to $25,000 investment, it can save you much money over many years due to reduced energy bills and government incentives. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly stack the ITC with other state and city incentives. Our article on solar incentives goes over more detailed information on the incentives you can take advantage of in Jordan.

Environmental Impact of Switching to Solar in Jordan

One of the best reasons to embrace solar power is to cut your dependence on nonrenewable energy sources like burning fossil fuels, which are damaging for the environment. But how much can installing solar panels actually affect the environment? No matter where you are, you can help save the environment by switching to solar energy, but homes that use more energy will have a greater impact. In fact, if you install solar panels, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. If you care about the environment, you'll no doubt recognize that there are many good things about adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is more valuable.