11 Best Solar Companies in Yankton, SD (Mar 2023 Review)

The Cost and Benefits of Solar in Yankton

For many people considering switching to solar, the decision of which solar installer to choose depends on pricing. There are a few factors you should take into consideration when trying to determine the overall cost and how much you can save, such as:

• How much sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panel system won't be able to generate as much energy, which will leave you with lower savings on electric bills than a house with a roof that gets plenty of sunlight.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state may also have various incentives that you can take advantage of. Plus, you can save about $17,000 over 20 years on your utility bills, not including incentives.
• Electricity consumption: The average home in Yankton uses a lot of energy, and so may see more savings on electricity bills than other places.
• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money 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.

Although a solar panel system costs a good chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on several factors, like the size of your solar panel system and incentives.

Solar Incentives in Yankton

Adopting solar power has a lot of considerable benefits. Not only can it help protect the planet, but you can also save a good amount of money on your installation with various government incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much you paid for your solar installation on your tax return, lowering the amount of taxes you owe that year. Additionally, there may be some state and city incentives you can benefit from too. Our article on solar incentives goes over more in-depth information on the incentives you can take advantage of in Yankton.

Environmental Impact of Switching to Solar in Yankton

Going solar can have a meaningful impact on the environment. You may be asking yourself — how much does making the switch do for the environment anyway? No matter where you are, you can help save the environment by switching to solar energy, but homes that consume lots of energy will have an even greater impact. Though solar panel production releases carbon dioxide emissions, the panels make up for it by significantly decreasing the amount of CO2 you would have released if you still used traditional energy. In Yankton, you can reduce your carbon footprint by 100 pounds a year with solar panels. For those who are worried about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.