Why Go Solar
Save Money, Boost Efficiency, and Embrace Clean Energy for a Brighter Tomorrow
Increasing Utility Rates
Energy costs are on the rise, with utility rates nearly doubling since 2003, creating financial strain for homeowners and businesses alike. At North Peak Solar, we provide a solution that combats these increasing expenses with our solar loan options. These loans feature fixed rates, offering financial stability and predictability in an unpredictable energy market. By switching to solar, you not only gain control over your energy bills but also lock in savings that protect you from future utility rate hikes. Let North Peak Solar help you take charge of your energy costs and achieve long-term financial peace of mind.
30% Federal Tax Credit
One of the biggest financial advantages of going solar is the Federal Solar Investment Tax Credit (ITC), which allows you to deduct 30% of your solar installation costs from your federal taxes. This incentive significantly lowers the upfront cost of your solar system, making clean energy accessible and affordable for homeowners and businesses. The ITC applies to both residential and commercial installations, covering not just solar panels but also energy storage systems like the Tesla Powerwall. By leveraging this government-backed incentive, you can reduce your solar investment costs while contributing to a sustainable future. Don’t wait—this credit decreases over time, so act now to maximize your savings!
Net Metering Benefits
Net metering is a powerful tool that enhances the financial benefits of solar energy. With this program, your utility company credits you for the excess electricity your solar panels produce and send back to the grid. These credits can be used to offset the energy you consume at night or on cloudy days when your system generates less power. Over time, net metering can significantly reduce your energy bills, often resulting in an annual net-zero energy cost. At North Peak Solar, we ensure your system is optimized to take full advantage of net metering, turning your home or business into a hub of energy savings and sustainability.
Utility Rebates
Beyond tax credits, utility rebates and local solar incentives can dramatically lower the cost of your solar installation. Many utility companies offer financial rewards for adopting renewable energy, which can offset a significant portion of your upfront expenses. These rebates, combined with federal incentives, create an unbeatable opportunity to make solar energy more affordable. At North Peak Solar, we guide you through the process of identifying and applying for these programs to ensure you get the maximum benefits available in Minnesota. Start saving today and make your solar transition even more cost-effective.
Increased Home Value
Installing solar panels isn’t just an environmental investment—it’s a financial one, too. Studies show that homes with solar systems sell faster and at higher prices than comparable properties without them. On average, solar panels add at least 70% of their installation cost to your home’s value, making them an appealing feature for potential buyers. Even if you’re planning to move in the future, solar provides immediate savings on energy bills while boosting your property’s resale value. With North Peak Solar, you’re not just investing in renewable energy—you’re increasing the equity in your home.
Unbeatable Warranties
When you invest in solar with North Peak Solar, you’re getting more than just clean energy—you’re getting peace of mind. Our installations are backed by a 5-year workmanship warranty and comprehensive product warranties, including up to 10 years for components like the Tesla Powerwall. This means you’re covered for any installation-related issues or equipment defects at no extra cost. Our commitment to quality ensures reliable performance and support, so you can enjoy the benefits of solar energy worry-free. Trust North Peak Solar to deliver the reliability and service you deserve.
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763-317-6038 info@northpeaksolar.com Princeton, MN Electrical License: EA807281Building License: BC807666