15 Best Solar Companies in Nowthen, MN (Feb 2023 Review)

The Cost and Benefits of Solar in Nowthen

While solar panels can save you money on power bills over time, it's important to know the startup costs. The overall price and potential savings vary depending on a few key factors such as:

• Typical energy usage: The more energy your household consumes on average and the higher your current energy bills are, the more benefits you'll see from going solar.
• How much you spend on energy: The typical family in Nowthen spends around $1,400 a year on electricity alone, so you could gain that much in savings.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. Additionally, not including incentives, you can save about $18,000 over 20 years on your energy bills.
• Choice of solar panels: The kind of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.

As a result of solar panels now being cheaper than ever as well as several solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Nowthen

Adopting solar power has lots of great benefits. Not only can it help preserve the Earth, but you can also save a good amount of money on your installation with various government incentives. These incentives typically consist of cash rebates, tax benefits and/or solar renewable energy credits. They can cut how much you pay for going solar by 30%, upwards of 50% depending on where you live. You can find out about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Nowthen

There are lots of reasons to trade traditional energy for solar energy, like saving some money on utility bills and helping to reduce your carbon footprint. You may be asking yourself — how much do solar panels do for the planet anyway? The more power you use, the the more the environment will benefit from you switching to solar as you won't need to burn as many fossil fuels. Although solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by greatly reducing the amount of CO2 you would have been responsible for if you still used traditional energy. In Nowthen, you can reduce your carbon footprint by 90 pounds a year with solar panels. If you care about the environment, you'll likely recognize that there are many benefits of adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is invaluable.