16 Best Solar Companies in Shoreview, MN (Feb 2023 Review)

The Cost and Benefits of Solar in Shoreview

When choosing a solar company, most homeowners or business owners worry about the costs above all. A few main factors that influence the cost of installing a solar panel system on your home and how much it could save you over time are:

• The amount of sunlight your home gets: Due to Shoreview's relatively low amount of average daily sunlight, you might not see as many savings on your energy bills.
• The make and model of solar panels you're thinking of getting: More efficient panels have higher prices, so that will influence your budget for your solar project.
• average energy usage: The more power your household consumes on average and the greater your current power bills are, the more likely you'll benefit from making the switch to solar.
• Incentives: Those who buy and install a solar system this year can save 30% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $19,000 on your electricity bills over 20 years not including incentives.

There are lots of great benefits of solar in spite of the initial cost of installation. It can help the planet and your finances. Plus, it can increase the value of your home, resulting in even more benefits if you decide to sell your home later.

Solar Incentives in Shoreview

Although installing solar panels is typically a large investment, it can save you a considerable amount of money over several years due to lower energy bills and government incentives. These incentives mostly take the form of cash rebates, tax credits and/or solar renewable energy credits. They can reduce the cost you pay for installing solar panels by 30%, upwards of 50% depending on your location. You can find out about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Shoreview

Lots of people want to do what they can to help the environment, which often is the prime motivation to install a solar system. You may be curious — how much does making the switch do for the planet anyway? No matter where you are, you can help save the environment by switching to solar energy, but homes that consume lots of energy will have a bigger impact. While solar panel production releases carbon dioxide emissions, the panels make up for it by greatly lowering the amount of CO2 you would have produced if you still used traditional energy. In Shoreview, you can reduce your carbon footprint by 90 pounds a year with solar panels. If you want to do your part for the environment, you'll 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.