17 Best Solar Companies in Waseca, MN (Oct 2022 Review)

The Cost and Benefits of Solar in Waseca

We understand that for many homeowners, the choice to invest in solar rests on installation costs. The installation cost is just one important factor you should consider when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Your current power bills: Solar panels can dramatically decrease, or entirely get rid of, your utility bills. In Waseca, you can save an average of $118 a month.
• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your energy bills, which can generate an average of $19,000 of savings over 20 years.
• Choice of solar panels: The type of solar panels you need 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 go with a higher number of more affordable panels.
• Whether or not your roof gets a lot of direct sunlight: This, along with how your roof is set up, affects affect how much electricity your solar panels can generate.

Even though a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on several factors, including the size of your house and your current power bills.

Solar Incentives in Waseca

There are several reasons why going solar is a great investment. One of them involves some government incentives you can take advantage of. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives you can benefit from too. Take a look at our article on solar incentives to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Waseca

There are a few key reasons why many people want to invest in solar energy: for the financial and environmental benefits. You may be wondering — how much does going solar do for the planet anyway? Your energy usage is a significant factor to consider. The more power your home uses, the larger your impact when you switch to solar energy. Since solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. Since solar energy is renewable and produces electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help the planet.