14 Best Solar Companies in Montrose, MN (Oct 2022 Review)

The Cost and Benefits of Solar in Montrose

The cost of putting up solar panels has decreased immensely in the past several years, but it's still a substantial investment for most homeowners. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• How much you spend on energy: If your local electricity rates are quite high, there's a good chance you'll have a higher return on your investment in a solar system. In Montrose, you can save an average of $113 a month on your electricity bills.
• Your home's orientation toward the sun: This, along with the configuration of your roof, affects affect how much electricity your solar panels can make.
• The kind of solar panels you can buy: This is dependent on how much you're willing to spend upfront.
• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state may also have various incentives that you can benefit from. In addition, you can save about $18,000 over 20 years on your utility bills, without incentives.

Although a solar panel system costs a decent chunk of money upfront, it can save you much more over time. The question of how much, though, depends on several factors, like the kind of solar panels you get and your current power bills.

Solar Incentives in Montrose

Switching to solar power has a lot of wonderful benefits. Not only can it help protect the environment, but you can also save some money on your installation with various government incentives. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially stack the ITC with other state and city incentives. In the table below, you can find out about the incentives you qualify for in Montrose.

Environmental Impact of Switching to Solar in Montrose

One of the reasons so many people consider adopting solar energy is to help reduce their environmental impact. You may be trying to figure out — how much does going solar help the planet anyway? Regardless of your location, you can help save the environment by switching to solar energy, but homes that consume more energy will have an even greater impact. When you go solar, your carbon emissions can be reduced by about 90 pounds every year. The perks of solar power are abundant — just like solar power is! That's why so many Montrose residents have been happy with making the switch to solar.