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Solar Panel Cost in Billings, Montana

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

$1,460
Annual Savings
15.6 yrs
Payback Period
$22,818
Net Cost
$27,052
25-Year Savings

Cost & Savings Breakdown

Based on $150/month electric bill in Billings

System Size
10.7 kW
Annual Production
14,747 kWh
Gross System Cost
$33,312
Federal Tax Credit (30%)
-$9,994
State Incentive
-$500
Net Cost
$22,818
Monthly Savings
$122
CO₂ Offset/yr
13,568 lbs

25-Year Savings Projection

-$21k-$9k$3k$15k$27kBreakeven yr 14$27kyr 1yr 5yr 10yr 15yr 20yr 25

Utility & Net Metering

Local UtilityNorthWestern Energy
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.099/kWh
Peak Sun Hours4.7 hrs/day

Available Incentives

30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$500
Montana State IncentiveMontana offers a $500 tax credit for residential solar.
View all Montana incentives →

Common Questions

How much does solar cost in Billings?

Solar in Billings, Montana costs approximately $33,312 for a 10.7 kW system. After the 30% federal tax credit, your net cost is about $22,818.

What is the solar payback period in Billings?

The estimated payback period for solar in Billings is 15.6 years, based on a $150/month electric bill and local sun hours of 4.7 hrs/day.

Does NorthWestern Energy offer net metering?

NorthWestern Energy offers Full Retail net metering. Full retail rate.

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