See how much it will cost to install solar panels for your home in Minnesota
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Compare solar quotes from the top solar companies in Minnesota
Minnesota solar power facts
$3.70 watt
Average cost: 5kW solar power system
?11 Years 11 Months
Average payback time
$39,979
Average lifetime savings
?7¢ kWh
Levelized cost of solar energy
21¢ kWh
If you don't get solar
?15,232 kWh
Annual power production
Cash flow graph based on cash purchase of a 11.73kW system
This 11.73kW system would offset 100% of your energy usage if your typical monthly bill in Minnesota is $150, however, your situation may vary so try our solar calculator to get a result tailored to you.
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Solar companies in Minnesota that provide pricing through the Solar-Estimate marketplace.
How much can solar panels save you in Minnesota
Average total cost of solar panel installation in Minnesota
| System Size | Cash purchase After 30% solar tax credit |
Financed purchase After 30% solar tax credit |
|---|---|---|
| 3kw | $8,190 | $8,845 |
| 4kw | $10,640 | $11,491 |
| 5kw | $12,950 | $13,986 |
| 6kw | $15,078 | $16,284 |
| 7kw | $17,101 | $18,469 |
| 8kw | $18,984 | $20,503 |
| 9kw | $20,727 | $22,385 |
| 10kw | $22,330 | $24,116 |
How much do solar panels cost in Minnesota?
$3.70 per watt
Cash purchased solar system
Before 26% solar tax credit
$4.08 per watt
Financed solar system
Before 26% solar tax credit
$0.0¢ /kWh
Lease/PPA
Ave 15 year term, 2.5% price escalator
What are the pros and cons of installing solar panels in Minnesota?
Best solar companies in Minnesota
Find local city information
Find local information for cities in Minnesota
Compare solar quotes from the top solar companies in Minnesota
How much electricity will solar panels produce in Minnesota
Solar panels produce different amounts of energy in different locations.
Around the Minneapolis area solar panels installed on a south-facing 26.82-degree pitch roof will typically produce:
2kWh
per year per 1kW of peak DC
(direct current) capacity
For more information about how your location, roof direction, and roof tilt affects solar power production use the solar panels calculator and enter your zip code.
I want to buy a solar panel kit and install it myself
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Minnesota Solar Calculator
Regardless of what you want to know about the economics of installing solar panels for your home or business in Minnesota, we have a solar calculator that can show you exactly the information you require.
What you can find out about installing solar panels in Minnesota using our full monthly solar calculator
This solar calculator requires you to input your address, utility company, your average monthly power spend - It tells you:
- What size solar system do you need?
- Answers the question of how many solar panels do I need?
- How many square feet of roof space you need for solar panels
- Solar electricity production in annual kWh (kilowatt-hours) you can expect from your solar system in Minnesota
- The value of solar tax credits and other incentives you are entitled to based on the estimated size of system you need, your location and your utility provider.
- Likely cost based on an average of prices charged for solar systems of that size in the last year in Minnesota or Minneapolis ;
- The likely payback period on your solar panels and your investment return.
- Your total lifetime solar savings based on each of the major solar finance options, a cash purchase, a cash purchase funded with a HELOC sol (home equity line of credit) and a zero-down PPA or third party lease product.
If you want to see all of the above but also see live pricing, the three best solar deals available in your city and get binding quotes from each of these solar companies then use this Minnesota solar panels calculator. This calculator requires you to also input your name and contact details because most of our 200+ installer partners will only authorize the sharing of their live solar pricing where we have validated that you are a real homeowner with a home in their service area. We respect the privacy of your data and only share your contact details with the solar companies you ask us to get binding quotes from.
Going solar in Minnesota
Check out all of the ways energy providers of Minnesota can help you be more energy-efficient and save money.
The following programs are available:
Find your local rebates and incentives
Your city may have further incentives to offer. Please keep in mind that the best source of up-to-date information on incentives is the solar installers who specialize in your area.
