☀️ Minnesota · 2025 data

Is solar worth it in Minnesota?

At Minnesota’s average rate of 15¢/kWh and about 1300 kWh per kW of panels a year, a typical home pays back its system in roughly 9.9 yrs after the 30% federal credit — then keeps saving. Run your own numbers below.

$ / mo
$ / watt
$
to pay back your system
System size
Net cost after 30%
Year-1 savings
25-yr net savings

Independent estimate for guidance only — not a quote or advice. Retail net metering plus some utility rebates support payback despite northern latitude.

What drives solar payback in Minnesota

Minnesota homeowners pay about 15¢/kWh, which is 1.8¢ below the national average. A rooftop here generates roughly 1300 kWh per kW each year — below the typical US figure. On exports, Minnesota offers full retail net metering: Retail net metering plus some utility rebates support payback despite northern latitude.

A worked example

For a Minnesota home with a $160/month power bill:

9.8 kW
System size needed
$20,677
Net cost after 30% credit
$1,920
First-year savings
$40,723
25-year net savings

Assumes 3.00 $/W installed before incentives. Your actual cost, roof and usage will differ — adjust the calculator above.

Minnesota solar incentives

Every estimate here already includes the 30% federal Residential Clean Energy Credit. On top of that, Minnesota homeowners may qualify for state, utility or SREC incentives that change often and vary by provider. For the current, authoritative list, check DSIRE’s Minnesota programs, then type any rebate into the calculator to see how it shortens your payback.

Other states

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