Cost & Savings Breakdown
Based on $150/month electric bill in Duluth
System Size
7.8 kW
Annual Production
9,359 kWh
Gross System Cost
$24,234
Federal Tax Credit (30%)
-$7,270
State Incentive
-$1,500
Net Cost
$15,464
Monthly Savings
$122
CO₂ Offset/yr
8,610 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityMinnesota Power
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit120% of annual consumption
Electricity Rate$0.156/kWh
Peak Sun Hours4.1 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$1,500
Minnesota State Incentive — Minnesota offers a Solar*Rewards program rebate.
Common Questions
How much does solar cost in Duluth?
Solar in Duluth, Minnesota costs approximately $24,234 for a 7.8 kW system. After the 30% federal tax credit, your net cost is about $15,464.
What is the solar payback period in Duluth?
The estimated payback period for solar in Duluth is 10.6 years, based on a $150/month electric bill and local sun hours of 4.1 hrs/day.
Does Minnesota Power offer net metering?
Minnesota Power offers Full Retail net metering. Full retail rate.