17 Best Solar Companies in St Anthony, MN (Jan 2023 Review)

The Cost and Benefits of Solar in St Anthony

We understand that for many homeowners, the choice to invest in solar highly depends on installation costs. The cost and possible savings vary depending on a few important factors such as:

• The kind of solar panel system you can purchase: This depends on how much you're willing to invest upfront.
• Electricity consumption: The average home in St Anthony uses a decent amount of, and as a result may save on their energy bills.
• 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 can help you save even more. Excluding incentives, you can save an average of $19,000 over 20 years with your solar panels, too.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panel system won't be able to produce as much energy, which will give you lower savings on electricity bills than a roof that gets a lot of sunlight.

So is a solar panel system worth it? Whether you hope to decrease your energy bills, carbon dioxide emissions or both, solar panels are a good investment for many St Anthony homeowners.

Solar Incentives in St Anthony

If you're planning on making the switch to solar power, a number of government incentives and subsidies can dramatically reduce the installation costs and expedite the return on your investment. When you install a solar panel system on your house, 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. Additionally, there are often some regional incentives that you can take advantage of to further save. Check out our article on solar incentives to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in St Anthony

Going solar can have a meaningful impact on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in St Anthony, though. The more energy you use, the better off the planet will be from you switching to solar since you won't have to burn as many fossil fuels. In fact, if you install solar panels, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. As you can see, trading traditional energy for solar has so many other rewards beyond saving money. One of the main ones is that you can help save the Earth too.