13 Best Solar Companies in Waconia, MN (Mar 2023 Review)

The Cost and Benefits of Solar in Waconia

When choosing a solar company, most homeowners or business owners worry about the costs above all. Some important things that influence how much it will cost and how much you could save include:

• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state may also have various incentives that you can use. In addition, you can save about $18,000 over 20 years on your utility bills, before factoring in incentives.
• Electricity consumption: The average household in Waconia uses a decent amount of, and consequently may save on their energy bills.
• Your current power bills: Solar panels can noticeably decrease, or entirely eliminate, your utility bills. In Waconia, you can save an average of $110 a month.
• Choice of solar panels: The type of solar panels you buy 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 space isn't a constraint for your project, you can opt for a higher number of more affordable panels.

There are many great benefits of solar even with the upfront cost of installation. It can help the environment and your finances. In addition, it can raise the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Waconia

Because solar power is a cleaner source of energy than burning fossil fuels, there are various government incentives in place to encourage people to make the switch. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of your project costs when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some local incentives that can save you some extra money too. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Waconia

An important reason so many people are thinking of adopting solar energy is to help lower their environmental impact. You may be curious — how much does making the switch do for the planet anyway? No matter where you are, you can help protect the planet by switching to solar energy, but homes that consume lots of energy will have a bigger impact. Although making solar panels releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have been responsible for if you still used traditional energy. In Waconia, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since solar power is renewable and generates electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help protect the environment.