Why Solar?

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Clean and sustainable energy for the environment

• Reduced reliance on energy derived from fossil fuels or nuclear

• Reduced carbon dioxide ---- over 1 ton/year/kW of solar vs. coal 

• Reliable, noiseless, and pollution-free electricity generation

          

Reduce or eliminate utility electricity bills

• Levelized Cost of Energy (LCOE) significantly less than utility electricity rates

• Locked -in low electricity costs for decades while avoiding utility inflation

• Net Metering ensures 24/7 availability of your solar production

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Tax credits and rebates accelerate payback 

• Investment Tax Credit (ITC) Investment Tax Credit (ITC) remains at 26% for 2021 and 2022 then is 22% in 2023

• Accelerated and bonus depreciation for businesses

• Section 179-eligible equipment for full federal depreciation in first year

• Utility incentives may also be available including Xcel Energy's Solar Rewards program

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Enhanced property value and marketability

• Solar generates decades of cash flow for current and future owners, so increases property value

• Solar investment/improvement is not subject to MN sales tax or property tax

• Advance sustainability objectives while attracting more customers, employees, tenants or investors