• Annual Savings Per Home Icon
    $1,299
    Annual Savings Per Home
  • Average Installation Cost Icon
    $24,291
    Average Installation Cost
  • Potential Pay-off Time Icon
    13 Years
    Potential Pay-off Time

Solar Energy Installation in Minnesota

The installation cost in Minnesota ranges from $7,200 to $68,411.
Minnesota residents who switch to solar may be eligible for federal and state tax credits, exemptions, and loans.
Most of the Minnesota residents who switched to solar chose TenKsolar panels.
Data Industry Logos: Berkeley Lab, NREL, eia, DSIRE

Data from Industry Leaders

Calculate Your Cost

What Size is Your Home?

System Size

7.9 kW

System Cost

$32,019

Pay-off Time

13 Years

For the most accurate cost estimate, connect with an experienced installer in your area.

Rebates and Savings

Minnesota mn residents who switch to solar are eligible for these local, state and federal tax programs.

Program NameProgram TypeAmount
Residential Renewable Energy Tax CreditTax Credit30% before 2020 26% during 2020 22% during 2021
Residential Energy Conservation Subsidy Exclusion (Personal)Tax ExemptionFull rebate amount excluded from taxable income
Made in Minnesota Solar PV Incentive ProgramPerformance Incentive$.23-.30; 10 year contract
Net MeteringUtility CreditExcess power credited to customer's next bill or paid for at average retail utility energy rate.
Wind and Solar-Electric (PV) Systems ExemptionProperty Tax ExemptionExclusion for 100% of the assessed value of eligible property
Solar Energy Sales Tax ExemptionSales Tax ExemptionExemption for full amount of equipment purchase