14 Best Solar Companies in North Branch, MN (Jul 2022 Review)

The Cost and Benefits of Solar in North Branch

Although solar panels can save you a decent chunk of change on power bills over time, it's necessary to consider the upfront costs. A few important factors that determine the cost of installing solar panels on your home and how much it could save you over time are:

• Your income and budget: This affects what type of solar panels you can afford.
• The amount of sunlight your area gets: Due to North Branch's relatively low amount of average daily sunlight, you might not see as many savings on your power bills.
• Your energy consumption: If your household regularly uses a lot of energy, you'll benefit more from installing solar panels.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 26% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $20,000 over 20 years with your system, too.

Due to solar panels decreasing in cost as well as various solar incentives, they are a sound investment for many homeowners.

Solar Incentives in North Branch

Since solar power is a cleaner source of energy than fossil fuels, there are a number of government incentives available to encourage its adoption. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly stack the ITC with other local rebates and benefits. The table below lets you know about the incentives you can benefit from in North Branch.

Environmental Impact of Switching to Solar in North Branch

Switching to solar energy can have a positive effect on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in North Branch, though. The more energy you use, the the more the environment will benefit if you switch to solar since you won't need to rely on traditional energy sources as much. Since solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good alternative to traditional energy sources. In fact, you could lower 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 offsetting your carbon emissions.