13 Best Solar Companies in St Michael, MN (Oct 2022 Review)

The Cost and Benefits of Solar in St Michael

The cost of putting up solar panels has decreased greatly over the past several years, but it's still a significant investment for most homeowners. Some important factors that dictate the cost of installing solar panels on your home and how much it could save you over time include:

• Your household's power bills: Due to fairly high monthly electric bills in St Michael, you could save about $1,300 a year with solar.
• The amount of sunlight your roof gets: This, and the configuration of your roof, affects affect how much energy your solar panels can generate.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can take advantage of. Additionally, you can save about $18,000 over 20 years on your utility bills, before factoring in incentives.
• Your income and budget: This shapes what kind of solar panels you can purchase.

There are many great benefits of solar even with the upfront cost of installation. It can help the Earth and your wallet. Additionally, it can increase the value of your home, leading to even more benefits if you decide to sell your home later.

Solar Incentives in St Michael

There are many good reasons why adopting solar power is beneficial. One of them consists of some government incentives that can save you money. In addition to the federal solar investment tax credit, there are also some state- and city-level incentives, which in the majority of cases, stack with the federal incentive, so you get to save even more. The table below lists out the incentives you can find in St Michael.

Environmental Impact of Switching to Solar in St Michael

Swapping traditional energy for solar is a powerful way to do your part for a more eco-friendly future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in St Michael, though. The more power your family uses, the better off the planet will be when you switch to solar as you won't have to burn as many fossil fuels. Though making solar panels emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In St Michael, you can reduce your carbon footprint by 90 pounds a year with solar panels. For people who are worried about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.