Solar technology converts free, abundant sunlight into clean, renewable power. It’s a great proposition, but many who would like to go solar could use some help to afford the conversion.

Each year the Xcel Energy Solar*Rewards program offers a limited number of customers in throughout Minnesota special incentives to make the switch to this clean, unlimited energy source. Last year the program was fully allocated by the end of summer, and there’s an expectation it may be even more quickly used up this year. This means time is limited for homeowners and business owners interested in applying for funding to install solar arrays.

Fortunately, this is a good time to make the switch. Technology has become increasingly affordable and efficient, and current incentives like federal tax credits are scheduled to decline in the years ahead. Also, a variety of payment options are now available, including the opportunity to pay for solar on a monthly basis instead of all at once.

Americans have grown increasingly aware of the downsides of depending on imported fossil fuels — in terms of the economy and the environment. Together, government and utility companies developed solar-incentive programs to help take pressure off aging power grids as well as reduce greenhouse-gas emissions. The incentives also help propel a burgeoning domestic-market sector, which already is employing more than 260,000 nationwide.

All Energy Solar can help anyone considering a solar conversion determine whether it could be appropriate and cost-effective. We even offer a free site visit to calculate how much return on investment a potential solar customer might realize, and we can provide assistance in navigating payment options the various rebates and tax credits.

Unlike solar energy, funds for these incentive programs aren’t unlimited. Applications often require a confirmed quote, which, in turn, requires the scheduling of a site visit. In short: if you’re thinking about going solar and want to take advantage of the financial incentives this year, it’s time to make hay while the sun shines.