14 Best Solar Companies in Minnetrista, MN (Aug 2022 Review)

The Cost and Benefits of Solar in Minnetrista

For many readers, the decision of which solar installer to hire depends on total costs. Some significant things that influence the upfront cost and potential savings over time include:

• Your energy bills: This will influence how much you can save. In Minnetrista, the average homeowner can save about $1,400 a year on their electricity bills.
• The make and model of solar panels you want to get: More efficient models have higher prices, so that will influence your budget for your solar project.
• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 26% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can benefit from. Plus, you can save about $18,000 over 20 years on your utility bills, before factoring in incentives.
• average energy usage: The more electricity your household uses on average and the higher your current electricity bills are, the more money you could save by going solar.

So are solar panels worth it? Whether you hope to decrease your electric bills, greenhouse gas emissions or both, solar panels are a worthwhile investment for many Minnetrista homeowners.

Solar Incentives in Minnetrista

One of the benefits of installing a solar panel system is earning federal and potentially state incentives. When you install a solar panel system, you become eligible to claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 26% of the cost of your solar panels. Additionally, there are often some local incentives that you can take advantage of to further cut back on the cost of solar of solar panels. The table below gives you an idea of the incentives you can take advantage of in Minnetrista.

Environmental Impact of Switching to Solar in Minnetrista

One of the most compelling reasons to embrace solar power is to cut your reliance on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. You may be wondering — how much do solar panels help the planet anyway? If your home uses a lot of energy, you can help the environment even more by switching to solar energy. Since solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good alternative to nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 90 pounds each year. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.