14 Best Solar Companies in Zimmerman, MN (Oct 2022 Review)

The Cost and Benefits of Solar in Zimmerman

The cost of installing a solar panel system has gone down greatly in the past few years, but it's still a large investment for most homeowners. There are a few factors you should consider when trying to determine the overall cost and how much you can save, such as:

• Energy consumption: Installing solar panels may be too pricey an investment for households that don't consume a lot of energy each month.
• The model of solar panel system you have the money for: This hinges on your income and budget.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $19,000 over the first 20 years with your solar panels, too.
• How much energy costs for you: The typical household in Zimmerman spends around $1,400 a year on power alone, so you could end up with that much in savings.

Thanks to the cost of solar panels being lower than before as well as local and federal solar incentives, they are a worthwhile investment for the majority of homeowners.

Solar Incentives in Zimmerman

Switching to solar power has many considerable benefits. Not only can it help protect the environment, but you can also save a good amount of money on your installation with various government incentives. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially stack the ITC with other local incentives. For more information about incentives that apply to you, see the table below.

Environmental Impact of Switching to Solar in Zimmerman

Switching to solar energy can have a beneficial effect on the environment. But — how much exactly can you help the environment by using solar power? The amount of energy you use is a key factor to keep in mind. The more energy your household consumes, the larger your impact when you go solar. If you go solar, your carbon emissions can be lowered by about 90 pounds each year. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.