13 Best Solar Companies in Lindstrom, MN (Sep 2022 Review)

The Cost and Benefits of Solar in Lindstrom

The cost of installing solar panels has dropped significantly over the past several years, but it's still a significant investment for most homeowners. A few important factors that influence the cost of installing a solar panel system on your home and how much money you could save over time include:

• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. Plus, not including incentives, you can save about $20,000 over 20 years on your energy bills.
• Electricity consumption: The average household in Lindstrom uses a decent amount of, and therefore may save on their energy bills.
• The make and model of solar panels you're planning on getting: More high-tech panels are more costly, so that will affect your budget for your solar project.
• How much energy costs for you: If your local utility rates are especially high, there's a good chance you'll end up with a higher return on your investment in solar panels. In Lindstrom, you can save an average of $124 a month on your electricity bills.

Although a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on a number of factors, like the size of your solar panel system and your energy consumption.

Solar Incentives in Lindstrom

In an effort to increase the number of homes and businesses that use solar power, federal, state and local governments — and even some utility companies — offer incentives to help make switching to solar power more economically viable and accessible. There are quite a few federal, state and local rebates and tax credits that can earn you some money back after buying a solar panel system. The table below lists out the incentives you can benefit from in Lindstrom.

Environmental Impact of Switching to Solar in Lindstrom

Making the switch to solar power is a powerful way to do what you can for a cleaner and more sustainable future. A question many might be wondering about is how much can they really help preserve the environment by switching to solar power anyway? The amount of energy you use is a key factor to keep in mind. The more electricity your household consumes, the larger your impact when you switch to solar energy. In fact, if you make the switch to solar power, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. If you want to do what you can for the environment, you'll no doubt 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 worth more.