12 Best Solar Companies in Roseville, MN (Sep 2022 Review)

The Cost and Benefits of Solar in Roseville

For many people, the decision of which solar installer to go with depends on costs. The cost of solar and the savings it generates vary depending on some important factors such as:

• Where your home is: This influences how much sunlight your roof gets, which helps determine how many panels you need.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of your solar system installation from your taxes. Additionally, not including incentives, you can save about $19,000 over 20 years on your energy bills.
• The kind of solar panels you have the money for: This hinges on how much you're willing to spend upfront.
• How much energy costs for you: If your local electricity rates are quite high, there's a better chance you'll get a higher return on your investment in a solar system. In Roseville, you can save an average of $119 a month on your electricity bills.

Although a solar panel system costs a decent 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, like the kind of solar panels you get and your local electricity rates.

Solar Incentives in Roseville

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a significant amount of money over time because of reduced utility bills and government incentives. When you install a solar panel system on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Additionally, there are often some local incentives that you can take advantage of to further cut back on the cost of solar of solar panels. Take a look at the table below to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Roseville

Installing solar panels can have a positive effect on the environment. But you may be wondering — how much exactly can you help the planet by using solar power? The amount of energy you use is an important factor to consider. The more energy your household consumes, the greater your impact when you switch to solar energy. Though solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by greatly lowering the amount of CO2 you would have released if you still used traditional energy. In Roseville, you can reduce your carbon footprint by 90 pounds a year with solar panels. The benefits of solar power are abundant — just like solar power is! That's why so many homeowners have been happy with making the switch to solar.