
Why Solar?
Clean and sustainable energy for the environment
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Reduced reliance on energy derived from fossil fuels or nuclear
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Reduced carbon dioxide ---- over 1 ton/year/kW of solar vs. coal
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Reliable, noiseless, and pollution-free electricity generation
Reduce or eliminate utility electricity bills
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Levelized Cost of Energy (LCOE) significantly less than utility electricity rates
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Locked -in low electricity costs for decades while avoiding utility inflation
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Net Metering ensures 24/7 availability of your solar production
Tax credits and rebates accelerate payback
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Investment Tax Credit (ITC) Investment Tax Credit (ITC) remains at 26% for 2021 and 2022 then is 22% in 2023
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Accelerated and bonus depreciation for businesses
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Section 179-eligible equipment for full federal depreciation in first year
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Utility incentives may also be available including Xcel Energy's Solar Rewards program
Enhanced property value and marketability
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Solar generates decades of cash flow for current and future owners, so increases property value
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Solar investment/improvement is not subject to MN sales tax or property tax
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Advance sustainability objectives while attracting more customers, employees, tenants or investors