17 Best Solar Companies in River Falls, WI (Mar 2023 Review)

The Cost and Benefits of Solar in River Falls

For many people, the decision of which solar company to go with depends on how much it'll cost. The cost of solar and the savings it generates vary depending on some key factors such as:

• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can take advantage of. Plus, you can save about $18,000 over 20 years on your utility bills, before factoring in incentives.
• Your current power bills: Solar panels can significantly reduce, or completely get rid of, your utility bills. In River Falls, you can save an average of $118 a month.
• Your city: This influences how much sunlight your roof gets, which helps determine how many panels you need.
• The make and model of solar panels you're planning on getting: More efficient panels have higher prices, so that will influence your budget for your solar project.

Although a solar panel system costs a good chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on several factors, like the amount of daily direct sunlight available and your energy consumption.

Solar Incentives in River Falls

There are lots of reasons why going solar is a great investment. One of them involves some government incentives that can help save you some money. When you install solar panels on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can take advantage of to further save. You can learn about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in River Falls

There are many reasons to trade traditional energy for solar energy, like saving some money on electricity bills and helping to reduce your carbon footprint. But how much can switching to solar actually help the environment? No matter where you are, you can help protect the planet by switching to solar energy, but homes that use more energy will have a bigger impact. After you go solar, your carbon emissions can be reduced by about 90 pounds each year. If you want to do what you can for the environment, you'll likely recognize that there are many advantages to adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is worth more.