11 Best Solar Companies in Red Wing, MN (Oct 2022 Review)

The Cost and Benefits of Solar in Red Wing

For many people considering switching to solar, the decision of which solar installer to choose depends on costs. Some key things that determine the upfront cost and potential savings over time include:

• The make and model of solar panels you want to get: Some are more highly priced, so that will shape your budget for your solar project.
• 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 federal taxes. Additionally, not including incentives, you can save about $18,000 over 20 years on your energy bills.
• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar system won't be able to make as much energy, which will leave you with lower savings on electric bills than a house with a roof that gets lots of sunlight.
• Your energy consumption: If your household regularly uses a lot of energy, you'll benefit more from installing solar panels.

Because of the cost of solar panels being lower than before as well as local and federal solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in Red Wing

If you're planning on making the switch to solar power, several government incentives and tax credits can immensely lower the cost of the project and speed up the return on your investment. Local solar incentives vary by location and, sometimes, utility company. A lot of states offer rebates for home solar power systems, in addition to the federal solar tax credit. In the table below, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Red Wing

One of the most compelling reasons to adopt solar power is to minimize your reliance on nonrenewable energy sources like burning fossil fuels, which are harmful for the environment. Something many people might have in mind is how much can they really help protect the environment by switching to solar power anyway? In a city like Red Wing where energy use is rather high, installing solar panels is a fantastic plan for homeowners who want to do their part for the environment. Though solar panel production releases carbon dioxide emissions, the panels make up for it by considerably lowering the amount of CO2 you would have released if you still used traditional energy. In Red Wing, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since energy from the sun is abundant and makes electricity without CO2 emissions, installing solar panels is one easy step you can take to help the environment.