Deciding whether to go solar now or wait depends on various factors, including your current circumstances, financial considerations, and the state of the solar market. Here are some factors to consider when making this decision:
Financial Situation
 Assess your current financial situation. Going solar with Blue Raven Solar does not involve a large upfront investment if any. If you have the financial means to invest in solar panels and can secure favorable financing options, it might be a good time to consider solar.
Government Incentives/Solar Tax Credit
In Minnesota and most states there are government incentives, rebates, and tax credits for solar installations, including the Solar Tax Credit. These incentives can significantly reduce the upfront costs of going solar. In some cases, these incentives may be time-sensitive, so it's essential to be aware of any upcoming changes in policies. The Solar Tax credit alone will pay you back 30% of the total cost of your system!
Solar Technology Advances
Solar technology continues to evolve, and prices for solar panels have decreased over the years. However, waiting for further technological advancements might mean missing out on immediate energy savings. Consider the current state of technology and whether waiting for new developments is a priority for you. The last few years we have been seeing a slight increase in solar costs each year.
Energy Savings
Calculate potential energy savings based on your current electricity bills. If you live in an area with high electricity rates or experience significant sun exposure, the long-term savings from solar panels may justify the investment.(Minnesota currently is ranked 23rd most expensive state for electric and rising fast with our new fully renewable electric by 2040 initiative)
Utility RatesÂ
Examine the trend of utility rates in your area. If rates are consistently increasing, investing in solar can provide a hedge against rising electricity costs, potentially offering greater financial benefits.(Minnesota has been seeing slightly increased costs for solar. the last few years)
Resale Value
Solar installations will increase the resale value of your home by 3% to 4%. If you plan to sell your home in the near future, going solar now is a strategic decision to make your property more attractive to environmentally conscious buyers and with Blue Ravens 18 months free promo it makes it even more advantageous.
Environmental Impact
If reducing your carbon footprint and contributing to environmental sustainability is a priority, going solar sooner rather than later aligns with those goals. Thers no bigger impact you can make by going solar.
Energy Storage Consideration
If you're interested in energy storage solutions (such as home battery systems), check the availability of such technologies in your area. Combining solar with energy storage can enhance the overall benefits of your system.
Conclusion
It's advisable to consult with Me to obtain professional information and accurate quotes. I can also provide insights into your specific situation, assess your home's solar potential, and help you determine the most suitable time to go solar based on your goals and circumstances.
Minnesota Residents Only