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Solar Panel Cost in Grand Forks, North Dakota
Local pricing, savings, and net metering data for Grand Forks homeowners.
$1,460
Annual Savings
11.7 yrs
Payback Period
$17,059
Net Cost
$32,811
25-Year Savings
Cost & Savings Breakdown
Based on $150/month electric bill in Grand Forks
System Size
9.9 kW
Annual Production
13,273 kWh
Gross System Cost
$28,656
Federal Tax Credit (30%)
-$8,597
State Incentive
-$3,000
Net Cost
$17,059
Monthly Savings
$122
CO₂ Offset/yr
12,211 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$0.110/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 Grand Forks?
Solar in Grand Forks, North Dakota costs approximately $28,656 for a 9.9 kW system. After the 30% federal tax credit, your net cost is about $17,059.
What is the solar payback period in Grand Forks?
The estimated payback period for solar in Grand Forks is 11.7 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.