12 Best Solar Companies in Plymouth, MN (Jun 2022 Review)

The Cost and Benefits of Solar in Plymouth

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will first need to pay to install your panels. The cost and possible savings vary depending on a few important factors such as:

• How much electricity your home consumes: Homes that use plenty of electricity each month may call for more solar panels and, consequently, be more expensive, but will also enjoy more savings over time.
• System size and type: Some models are more expensive than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your power bills, which can give you an average of $19,000 of savings over 20 years.
• Average daily sunlight: Since Plymouth doesn't get a lot of average daily sunlight, your solar system may not be able to generate enough energy to power your whole home, which impacts how much your electricity bills will be.

As a result of solar panels now being cheaper than ever as well as local and federal solar incentives, they are a sound investment for most homeowners.

Solar Incentives in Plymouth

Although solar power is typically a $15,000 to $25,000 investment, it can save you much money over several years due to smaller power bills and government incentives. There are several federal, state and local rebates and tax credits that can earn you some money back after paying for a qualifying system. In the table below, you can read about the incentives you qualify for in Plymouth.

Environmental Impact of Switching to Solar in Plymouth

One reason so many homeowners consider installing solar panels is to help lower their environmental impact. But — how much exactly can you help the planet by making the switch to solar? The more power your household uses, the the more the environment will benefit if you switch to solar since you won't have to burn as many fossil fuels. Though solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have produced if you still used traditional energy. In Plymouth, you can reduce your carbon footprint by 90 pounds a year with solar panels. The great things about solar power are infinite — just like solar power is! That's why so many people have been happy with using solar energy.