WattBuy’s Guide toSolar Energy in
Solar Energy in
New Hope
Minnesota
Minnesota
Here are a few numbers showing how popular solar energy is in New Hope and how much solar energy potential there is on average.
5
Houses with solar panels
(circa 2019)*
768 kWh
Average monthly energy use per household
8 kW
Average system size
757 kWh
Energy generated by average sized system
Average solar panel installation
$20,329Federal Incentives
$6,099Total
$14,230
Average monthly bill without solar
$102Average monthly bill with solar
$1Solar will pay for itself in
12 yearsThe Inflation Reduction Act has made it easier and more affordable than ever to go solar, thanks to a 30% federal tax credit. This means that for every $10,000 you spend on solar panels, you can deduct $3,000 from your federal taxes.
LEARN MORENet metering policies in New Hope can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
Getting solar panels may seem complicated, but it doesn’t have to be. Here’s what you can expect.
Take a closer look at your energy usage to determine how much solar power you'll require.
Reach out to multiple solar companies to gather quotes and select the one that best fits your needs and budget.
Work with your chosen installer to design a solar system customized to your specific requirements and goals.
Take care of the paperwork and permits required by local authorities before installing your solar panels.
Let the professionals handle the installation of your solar panels and related equipment.
Have your newly installed solar system inspected to ensure it meets safety and quality standards.
Connect your solar system to the electrical grid and start generating clean, renewable energy for your home or business.
This takes 20 days on average.
MN, WI
IA, IL, MN, WI
Nationwide
IA, IL, MA, MN, NH, WI
MN
Enter your address and WattBuy's proprietary energy estimation model will find the best electricity options for your home