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Solar Panel Cost in Fargo, North Dakota
Local pricing, savings, and net metering data for Fargo homeowners.
$1,460
Annual Savings
11.4 yrs
Payback Period
$16,701
Net Cost
$33,169
25-Year Savings
Cost & Savings Breakdown
Based on $150/month electric bill in Fargo
System Size
9.7 kW
Annual Production
13,036 kWh
Gross System Cost
$28,144
Federal Tax Credit (30%)
-$8,443
State Incentive
-$3,000
Net Cost
$16,701
Monthly Savings
$122
CO₂ Offset/yr
11,993 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityXcel Energy ND
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit120% of annual consumption
Electricity Rate$0.112/kWh
Peak Sun Hours4.6 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$3,000
North Dakota State Incentive — North Dakota offers a 15% state tax credit up to $3,000.
Common Questions
How much does solar cost in Fargo?
Solar in Fargo, North Dakota costs approximately $28,144 for a 9.7 kW system. After the 30% federal tax credit, your net cost is about $16,701.
What is the solar payback period in Fargo?
The estimated payback period for solar in Fargo is 11.4 years, based on a $150/month electric bill and local sun hours of 4.6 hrs/day.
Does Xcel Energy ND offer net metering?
Xcel Energy ND offers Full Retail net metering. Full retail rate.