12 Best Solar Companies in Rockford, MN (Oct 2022 Review)

The Cost and Benefits of Solar in Rockford

While solar panels can help save you money on power bills over time, it's necessary to consider the upfront costs. Some significant things that determine the cost and possible savings include:

• Your home's power bills: Because of fairly high monthly electricity bills in Rockford, you could save about $1,300 a year with solar.
• How much electricity your home consumes: Households that consume plenty of energy each month may call for more solar panels and, as a result, be more costly, but will also benefit more over time.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can use. Plus, you can save about $18,000 over 20 years on your utility bills, before factoring in incentives.
• Your income and budget: This affects what model of solar panels you can afford.

So is a solar system worth it? Whether you'd like to decrease your electricity costs, carbon dioxide emissions or both, solar panels are a great investment for many Rockford homeowners.

Solar Incentives in Rockford

In an effort to increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make solar power more economical and accessible. State and city solar incentive programs vary by location and, sometimes, utility company. Many states offer rebates for solar power systems, in addition to the federal solar tax credit. In the table below, you can see the incentives you qualify for in Rockford.

Environmental Impact of Switching to Solar in Rockford

Lots of people want to do what they can to help save the environment, which for many is the prime motivation to install solar panels. You may be curious — how much does making the switch do for the planet anyway? Your energy usage is an important factor to think about. The more energy your home uses, the larger your impact when you make the switch to solar power. While solar panel production releases carbon dioxide emissions, the panels make up for it by significantly lowering the amount of CO2 you would have been responsible for if you still used traditional energy. In Rockford, you can reduce your carbon footprint by 90 pounds a year with solar panels. If you care about the environment, you'll most likely recognize that there are many benefits of adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is invaluable.