16 Best Solar Companies in Ramsey, MN (Jan 2023 Review)

The Cost and Benefits of Solar in Ramsey

While solar panels can help save you money on energy bills over time, it's necessary to consider the startup costs. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• System size and type: Some models are more expensive than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• Electricity consumption: The average home in Ramsey uses a decent amount of, and therefore may save on their energy bills.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of your solar system installation from your taxes. Additionally, not including incentives, you can save about $18,000 over 20 years on your energy bills.
• How much you spend on energy: The average family in Ramsey pays around $1,300 a year on energy use alone, so you could be looking at that much in savings.

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

If you're planning on making the switch to solar energy, several government incentives and solar rebates can greatly lower your project costs and speed up the return on your investment. There are several federal, state and local rebates and tax credits that let you earn some money in return after buying a qualifying system. You can learn about the incentives you can take advantage of in our article on solar incentives

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? How much energy you use is a key factor to think about. The more electricity you use, the greater your impact when you go solar. 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.