Cost & Savings Breakdown
Based on $150/month electric bill in Grand Island
System Size
10.2 kW
Annual Production
15,532 kWh
Gross System Cost
$29,664
Federal Tax Credit (30%)
-$8,899
State Incentive
-$500
Net Cost
$20,265
Monthly Savings
$122
CO₂ Offset/yr
14,289 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityNPPD
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitCheck with utility
Electricity Rate$0.094/kWh
Peak Sun Hours5.2 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$500
Nebraska State Incentive — Nebraska offers a personal property tax exemption for solar.
Common Questions
How much does solar cost in Grand Island?
Solar in Grand Island, Nebraska costs approximately $29,664 for a 10.2 kW system. After the 30% federal tax credit, your net cost is about $20,265.
What is the solar payback period in Grand Island?
The estimated payback period for solar in Grand Island is 13.9 years, based on a $150/month electric bill and local sun hours of 5.2 hrs/day.
Does NPPD offer net metering?
NPPD offers Full Retail net metering. Check with your utility for current compensation rates..