Home › South Dakota › Rapid City
Solar Panel Cost in Rapid City, South Dakota
Local pricing, savings, and net metering data for Rapid City homeowners.
$1,460
Annual Savings
10.8 yrs
Payback Period
$15,795
Net Cost
$34,075
25-Year Savings
Cost & Savings Breakdown
Based on $150/month electric bill in Rapid City
System Size
7.8 kW
Annual Production
11,587 kWh
Gross System Cost
$22,565
Federal Tax Credit (30%)
-$6,769
State Incentive
None
Net Cost
$15,795
Monthly Savings
$122
CO₂ Offset/yr
10,660 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityBlack Hills Energy
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.126/kWh
Peak Sun Hours5.1 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 Rapid City?
Solar in Rapid City, South Dakota costs approximately $22,565 for a 7.8 kW system. After the 30% federal tax credit, your net cost is about $15,795.
What is the solar payback period in Rapid City?
The estimated payback period for solar in Rapid City is 10.8 years, based on a $150/month electric bill and local sun hours of 5.1 hrs/day.
Does Black Hills Energy offer net metering?
Black Hills Energy offers Full Retail net metering. Full retail rate.