17 Best Solar Companies in St Cloud, MN (Sep 2022 Review)

The Cost and Benefits of Solar in St Cloud

Solar panels are powered by a free energy source — the sun — but to take advantage of this you must first pay to install your system. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• The model of solar panels you're planning on getting: Some are more costly, so that will shape your budget for your solar project.
• Incentives: Tax-paying citizens who buy and install a solar energy system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $18,000 on your utility bills over 20 years without incentives.
• Electricity consumption: The average household in St Cloud uses a decent amount of, and therefore may save on their energy bills.
• Your home's power bills: Based on the fairly high monthly electric bills in St Cloud, you could save about $1,400 a year with solar.

There are lots of good benefits of solar even with the upfront cost of installation. It can help the environment and your wallet. Additionally, it can boost the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in St Cloud

Because solar power is more sustainable than traditional energy sources, there are various government incentives available to encourage its adoption. These incentives mostly consist of cash rebates, tax breaks and/or performance-based incentives. They can lower how much you end up spending on installing solar panels by 26 to 50% in some cases. In the table below, you can read about the incentives you qualify for in St Cloud.

Environmental Impact of Switching to Solar in St Cloud

One of the reasons so many homeowners are considering going solar is to help bring down their environmental impact. A question many might be wondering about is how much can they really help save the environment by switching to solar power anyway? Regardless of your location, you can help the planet by switching to solar energy, but homes that consume lots of energy will have a greater impact. When you go solar, your carbon dioxide emissions can be cut by about 90 pounds each year. As you can see, investing in solar has so many other perks apart from saving money. One of the main ones is that you can help save the environment too.