18 Best Solar Companies in St Paul, MN (Mar 2023 Review)

The Cost and Benefits of Solar in St Paul

The cost of putting up a solar panel system has dropped greatly over the past few years, but it's still a significant investment for most homeowners. Some key things that determine how much it will cost and how much you could save include:

• Your current electricity bills: Solar panels can significantly reduce, or totally get rid of, your utility bills. In St Paul, you can save an average of $120 a month.
• Typical energy usage: The more power your household consumes on average and the larger your current power bills are, the more money you could save by going solar.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $19,000 on your electricity bills over 20 years excluding incentives.
• Choice of solar panels: The kind of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.

Solar is a profitable investment for most homeowners. You can generate your own electricity instead of paying for it from the grid and benefit from solar incentives and rebates, all while helping protect the environment.

Solar Incentives in St Paul

Because solar power is a cleaner source of energy than fossil fuels, there are various government incentives available to encourage its adoption. These incentives mostly take the form of cash rebates, tax breaks and/or solar renewable energy credits. They can reduce the cost of installing solar panels by 30%, upwards of 50% depending on where you live. In our article on solar incentives, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in St Paul

Installing solar panels can have a positive impact on the environment. You may be curious — how much do solar panels help the environment anyway? In a city like St Paul where energy use is rather high, making the switch to solar power is a fantastic plan for people who are worried about the state of the planet. Since solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good substitute for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. Since solar energy is abundant and produces electricity without free from carbon dioxide emissions, making the switch to solar power is one easy step you can take to help the planet.