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Solar Panel Cost in Watertown, South Dakota
Local pricing, savings, and net metering data for Watertown homeowners.
$1,460
Annual Savings
12.6 yrs
Payback Period
$18,388
Net Cost
$31,483
25-Year Savings
Cost & Savings Breakdown
Based on $150/month electric bill in Watertown
System Size
9.1 kW
Annual Production
12,696 kWh
Gross System Cost
$26,268
Federal Tax Credit (30%)
-$7,880
State Incentive
None
Net Cost
$18,388
Monthly Savings
$122
CO₂ Offset/yr
11,680 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityOtter Tail Power
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.115/kWh
Peak Sun Hours4.8 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 Watertown?
Solar in Watertown, South Dakota costs approximately $26,268 for a 9.1 kW system. After the 30% federal tax credit, your net cost is about $18,388.
What is the solar payback period in Watertown?
The estimated payback period for solar in Watertown is 12.6 years, based on a $150/month electric bill and local sun hours of 4.8 hrs/day.
Does Otter Tail Power offer net metering?
Otter Tail Power offers Full Retail net metering. Full retail rate.