Is Going Solar a Good Idea?
At Quote For Solar, we believe that going solar is the way to move forward. By going solar you contribute to creating a more sustainable future, while potentially saving thousands of dollars on your next energy bill.
Quote For Solar connects you with pre-screened solar installers in Lake Shore and you will receive a solar quote in just days completely free of charge.
Solar Benefits at One Glance
You Save Money
The cost of solar panels continues to drop and today, solar power is a very affordable source of electricity. According to our data, installing 12 kW solar panels slashes your next energy bill by up to $2,469 in Lake Shore.
You Become Energy Independent
On average, U.S. electricity consumers experience 7 hours of power interruption per year. With solar power, you produce your own electricity and become energy independent.
Your Home Value Increases
Solar power is a good investment if you ever consider selling your property. On average, a solar system can increase your home value by 4.1%
Create a Better Future
One kWh of solar energy saves 0.846 lbs of carbon emissions. A standard 10 kWh system saves the equivalent of the weight of 49 F-150 pickup trucks throughout its lifetime.
Are Solar Panels Worth It in Lake Shore?
Depending on which solar installation size you install, you save anywhere between $1,646 - $4,114 on your next yearly energy bill. Our calculation takes the average electricity cost in Lake Shore into account and compares it to the typical solar system output measured in kWh.
Check our savings table to see how much you can save:
System Size | Average Yearly Output | Potential Yearly Savings |
---|---|---|
8 kW | 11,203 kWh | $ 1,646 |
12 kW | 16,804 kWh | $ 2,469 |
16 kW | 22,406 kWh | $ 3,291 |
20 kW | 28,007 kWh | $ 4,114 |
How Much Do Solar Panels Cost in Lake Shore?
For Lake Shore, prices range from $2.45/W to $3.58/W in the nearest locations with available data. For a typical solar installation of 8 kW, you can therefore expect to pay between $19,600 and $28,640 before public incentives. Including public incentives — in 2024 the federal tax incentive is 30% — the average net solar panel cost is between $13,720 and $20,048.
Request a quote from Quote For Solar and we match you with 3 competitive offers from pre-screened solar installers!
About the diagram: The diagram shows the average price for an 8kW solar installation in Lake Shore after the 30% federal tax incentive deduction. Get 3 free quotes from Quote For Solar and potentially save up to $3,080 compared to the average solar installation cost in Lake Shore ("Good price").
Here Are 5 Highly-Rated Solar Installers for Lake Shore:
Name | Address |
---|---|
Moonlighting & Electric Co | 28150 Co Rd 107, Pequot Lakes, MN 56472 |
Conductor Power | 4993 Gull Lake Dam Rd, Brainerd, MN 56401 |
Landis+gyr Inc | 6436 Co Rd 11, Pequot Lakes, MN 56472 |
Best Buy | 14555 Edgewood Dr N, Baxter, MN 56425 |
The Home Depot | Home Depot, 7207 Foley Rd S, Baxter, MN 56425 |
Other Reasons Why Lake Shore is a Great Place for Solar
Sun Hours / Year in Lake Shore
Lake Shore enjoys 2550 sun hours per year, providing ample sunlight for maximizing solar energy production.
National Solar Ranking
As per the national solar ranking, Minnesota has proven its dedication to harnessing solar energy effectively.
Price Drop / last 10 Years
Over the past decade, the cost of solar energy in Minnesota has witnessed a significant drop of 53%.
of Minnesota's Electricity comes from Solar
While solar energy currently accounts for only 3.78% of Minnesota's electricity production, Lake Shore is actively working towards increasing its solar capacity.
Frequently Asked Questions About Solar Installations in Lake Shore
Are There Solar Incentives For Lake Shore?
Do Solar Panels Work in Lake Shore During Winter?
Does Lake Shore Have Net Metering?
How Long Does the Installation Take in Lake Shore?
Can I Finance My Solar Installation in Lake Shore?
Get 3 Quotes From Reviewed Solar Installers Fast!
For homeowners wishing to install solar energy on their properties, Quote For Solar is the ideal service.
Quote For Solar offers a free and easy single inquiry format for homeowners to obtain multiple offers from local solar companies for their installation needs.
Solar Companies will compete with each other to win your business, which can increase your savings. In addition, you are assured of receiving quotes only from trustworthy and dependable partners with a proven track record.
Ready to go solar? Get your solar quotes now and receive a better deal!