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Solar Panel Cost in Brookings, South Dakota
Local pricing, savings, and net metering data for Brookings homeowners.
$1,460
Annual Savings
11.6 yrs
Payback Period
$16,979
Net Cost
$32,891
25-Year Savings
Cost & Savings Breakdown
Based on $150/month electric bill in Brookings
System Size
8.4 kW
Annual Production
11,967 kWh
Gross System Cost
$24,256
Federal Tax Credit (30%)
-$7,277
State Incentive
None
Net Cost
$16,979
Monthly Savings
$122
CO₂ Offset/yr
11,010 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityXcel Energy SD
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit120% of annual consumption
Electricity Rate$0.122/kWh
Peak Sun Hours4.9 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
Common Questions
How much does solar cost in Brookings?
Solar in Brookings, South Dakota costs approximately $24,256 for a 8.4 kW system. After the 30% federal tax credit, your net cost is about $16,979.
What is the solar payback period in Brookings?
The estimated payback period for solar in Brookings is 11.6 years, based on a $150/month electric bill and local sun hours of 4.9 hrs/day.
Does Xcel Energy SD offer net metering?
Xcel Energy SD offers Full Retail net metering. Full retail rate.