Cost & Savings Breakdown
Based on $150/month electric bill in St. Cloud
System Size
7.5 kW
Annual Production
9,359 kWh
Gross System Cost
$23,107
Federal Tax Credit (30%)
-$6,932
State Incentive
-$1,500
Net Cost
$14,675
Monthly Savings
$122
CO₂ Offset/yr
8,610 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityConnexus Energy
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitCheck with utility
Electricity Rate$0.156/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 Incentive — Minnesota offers a Solar*Rewards program rebate.
Common Questions
How much does solar cost in St. Cloud?
Solar in St. Cloud, Minnesota costs approximately $23,107 for a 7.5 kW system. After the 30% federal tax credit, your net cost is about $14,675.
What is the solar payback period in St. Cloud?
The estimated payback period for solar in St. Cloud is 10.1 years, based on a $150/month electric bill and local sun hours of 4.3 hrs/day.
Does Connexus Energy offer net metering?
Connexus Energy offers Full Retail net metering. Check with your utility for current compensation rates..