17 Best Solar Companies in Oakdale, MN (Sep 2022 Review)

The Cost and Benefits of Solar in Oakdale

For most homeowners, whether or not you should invest in solar panels comes down to the cost. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Your city: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• Your income and budget: This determines what type of solar panels you can buy.
• How much energy you use: If your family uses a lot of energy, you'll see more savings from going solar.
• Incentives: Those who purchase and install a solar energy system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $19,000 on your energy bills over 20 years excluding incentives.

Due to solar panels decreasing in cost as well as local and federal solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Oakdale

Although installing solar panels is typically a big investment, it can save you a significant amount of money over time due to smaller utility bills and government incentives. These incentives mostly take the form of cash rebates, tax credits and/or performance-based incentives. They can cut how much you pay for installing solar panels by 26 to 50% in some cases. The table below lets you know about the incentives you can find in Oakdale.

Environmental Impact of Switching to Solar in Oakdale

If you're thinking of adding solar panels to your home, one of the major reasons why may be to lower your greenhouse gas emissions. But how much can using solar energy instead of traditional energy actually help the environment? If your home consumes a lot of energy, you can help the environment even more by switching to solar energy. Since solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 90 pounds each year. As you can see, using solar power has so many other perks outside of saving money. One of the major ones is that you can help save the planet too.