16 Best Solar Companies in St Francis, MN (Sep 2022 Review)

The Cost and Benefits of Solar in St Francis

When choosing a solar company, most homeowners or business owners worry about the costs above all. The overall price and potential savings vary depending on a few key factors such as:

• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• The cost of energy for you: If your local power rates are especially high, there's a better chance you'll have a higher return on your investment in solar panels. In St Francis, you can save an average of $122 a month on your electricity bills.
• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can use. Additionally, you can save about $19,000 over 20 years on your utility bills, without incentives.
• Electricity consumption: The average household in St Francis uses a decent amount of, and therefore may save on their energy bills.

Due to solar panels now being cheaper than ever as well as local and federal solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in St Francis

Because solar power is better for the environment than fossil fuels, there are quite a few government incentives in place to encourage its adoption. There are several federal, state and local rebates and tax credits that can earn you some money in return after installing a solar panel system. In the table below, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in St Francis

Going solar can have a beneficial impact on the environment. You may be wondering — how much do solar panels help the environment anyway? Everyone can help the environment by switching to solar energy, but homes that consume lots of energy will have a bigger impact. Even though solar panel manufacturing emits carbon dioxide, the panels make up for it by significantly reducing the amount of CO2 you would have been responsible for if you still used traditional energy. In St Francis, you can reduce your carbon footprint by 90 pounds a year with solar panels. The advantages of solar power are abundant — just like solar power is! That's why so many homeowners have been happy with committing to solar.