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Solar Panel Cost in Rochester, Minnesota

Local pricing, savings, and net metering data for Rochester homeowners.

$1,460
Annual Savings
9.8 yrs
Payback Period
$14,270
Net Cost
$35,600
25-Year Savings

Cost & Savings Breakdown

Based on $150/month electric bill in Rochester

System Size
7.3 kW
Annual Production
9,125 kWh
Gross System Cost
$22,529
Federal Tax Credit (30%)
-$6,759
State Incentive
-$1,500
Net Cost
$14,270
Monthly Savings
$122
CO₂ Offset/yr
8,395 lbs

25-Year Savings Projection

-$13k$-707.5$11k$23k$36kBreakeven yr 9$36kyr 1yr 5yr 10yr 15yr 20yr 25

Utility & Net Metering

Local UtilityRochester Public Utilities
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.160/kWh
Peak Sun Hours4.3 hrs/day

Available Incentives

30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$1,500
Minnesota State IncentiveMinnesota offers a Solar*Rewards program rebate.
View all Minnesota incentives →

Common Questions

How much does solar cost in Rochester?

Solar in Rochester, Minnesota costs approximately $22,529 for a 7.3 kW system. After the 30% federal tax credit, your net cost is about $14,270.

What is the solar payback period in Rochester?

The estimated payback period for solar in Rochester is 9.8 years, based on a $150/month electric bill and local sun hours of 4.3 hrs/day.

Does Rochester Public Utilities offer net metering?

Rochester Public Utilities offers Full Retail net metering. Full retail rate.

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