17 Best Solar Companies in St Anthony, MN (Oct 2022 Review)

The Cost and Benefits of Solar in St Anthony

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will need to pay to install your system. The overall price and potential savings vary depending on a few key factors such as:

• Whether or not your roof gets a lot of direct sunlight: This, along with how your roof is set up, affects affect how much electricity your solar panels can generate.
• Energy consumption: Installing solar panels may be too steep of an investment for households that don't consume a good amount of energy a month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $19,000 over 20 years with your solar system, too.
• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.

Even though a solar panel system costs a decent chunk of money upfront, it can save you much more over time. The question of how much, though, depends on a number of factors, such as the size of your house and your energy consumption.

Solar Incentives in St Anthony

One of the good things about installing a solar panel system is receiving incentives from the government. When you install a solar panel system on your home, you can take advatage of the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can use to further save. In the table below, you can see the incentives you qualify for in St Anthony.

Environmental Impact of Switching to Solar in St Anthony

Switching to solar energy can have a beneficial effect on the environment. You may be wondering — how much does making the switch help the planet anyway? In a city like St Anthony where energy use is rather high, making the switch to solar power is a good plan for people who want to do their part for the environment. Since solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good alternative to traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. Since energy from the sun is abundant and makes electricity without free from carbon dioxide emissions, installing solar panels is one easy step you can take to help protect the environment.