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Solar Panel Cost in Minot, North Dakota
Local pricing, savings, and net metering data for Minot homeowners.
$1,460
Annual Savings
12 yrs
Payback Period
$17,567
Net Cost
$32,303
25-Year Savings
Cost & Savings Breakdown
Based on $150/month electric bill in Minot
System Size
10.1 kW
Annual Production
13,905 kWh
Gross System Cost
$29,382
Federal Tax Credit (30%)
-$8,815
State Incentive
-$3,000
Net Cost
$17,567
Monthly Savings
$122
CO₂ Offset/yr
12,792 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityMinot Public Works
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitCheck with utility
Electricity Rate$0.105/kWh
Peak Sun Hours4.7 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 Minot?
Solar in Minot, North Dakota costs approximately $29,382 for a 10.1 kW system. After the 30% federal tax credit, your net cost is about $17,567.
What is the solar payback period in Minot?
The estimated payback period for solar in Minot is 12 years, based on a $150/month electric bill and local sun hours of 4.7 hrs/day.
Does Minot Public Works offer net metering?
Minot Public Works offers Full Retail net metering. Check with your utility for current compensation rates..