16 Best Solar Companies in Ramsey, MN (Sep 2022 Review)

The Cost and Benefits of Solar in Ramsey

When picking a solar company, most homeowners or business owners care about the costs above all. There are a few factors you should take into consideration when determining costs and your potential savings, including:

• How much you spend on energy: If your local energy rates are quite high, there's a better chance you'll have a higher return on your investment in solar panels. In Ramsey, you can save an average of $111 a month on your electricity bills.
• Your income and budget: This affects what kind of solar panels you can get.
• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can benefit from. In addition, you can save about $18,000 over 20 years on your utility bills, not including incentives.
• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar panel system won't be able to make as much energy, which will leave you with lower savings on energy bills than a roof that gets lots of sunlight.

Although a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on a number of factors, such as the size of your house and your current power bills.

Solar Incentives in Ramsey

Switching to solar power has plenty of great benefits. Not only can it help protect the Earth, but you can also save a good amount of money on your installation with various government incentives. State and city solar incentives depend on the location and, sometimes, utility company. Many states offer rebates for solar power, in addition to the federal solar tax credit. The table below tells you about the incentives you can benefit from in Ramsey.

Environmental Impact of Switching to Solar in Ramsey

There are a few key reasons why people want to invest in solar energy: for the good of their bank accounts and the planet. But — how much exactly can you help the environment by making the switch to solar? The more energy your house uses, the better off the planet will be when you switch to solar since you won't have to burn as many fossil fuels. In Ramsey, the average person can reduce their carbon footprint by 90 pounds a year after going solar. For people who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.