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Storage in
Faribault, MN

Updated 6/16/2024

How much do storage systems cost in Faribault, MN in 2024?

As of June 2024, the average storage system cost in Faribault, MN is $1450/kWh. Given a storage system size of 13 kWh, an average storage installation in Faribault, MN ranges in cost from $16,022 to $21,678, with the average gross price for storage in Faribault, MN coming in at $18,850. After accounting for the 30% federal investment tax credit (ITC) and other state and local storage incentives, the net price you'll pay for solar can fall by thousands of dollars.

Importantly, these costs are typical for shoppers comparing storage quotes on the EnergySage Marketplace. When you compare quotes for solar panels and batteries on EnergySage's competitive marketplace, you can expect to see prices up to 20% lower than working with a single company.

Average storage system cost by system size in Faribault, MN

System Size System Cost System Cost (after ITC)
10 kWh $14,500 $10,150
13 kWh $18,850 $13,195
20 kWh $29,000 $20,300
26 kWh $37,700 $26,390
Note: you can't claim the federal tax credit without installing solar panels alongside a battery system.

2024 average solar + storage cost in Faribault, MN

$23,680 - $68,300

There are several variables that impact the price you pay for a solar + storage system: the quality of the equipment you install, the type of inverters you choose, and the storage capacity and chemistry of your battery. This is an average price range for solar + storage installations in your area, and the specifics of your project will change the final price you pay.

Note: Showing cost data for Rice County, MN.

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Top 5 quoted battery models in Faribault, MN

Enphase Energy IQ Battery 5P
Tesla Powerwall 2
LG Energy Solution RESU 10H
Enphase Energy IQ 10 Extended…
SunPower SunVault

Top storage system installers in Faribault, MN

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