Solar Panels in
Cedar, MN

Updated 9/26/2020

How much do solar panels cost in Cedar, MN in 2020?

As of September 2020, the average solar panel cost in Cedar, MN is $3.17/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Cedar, MN ranges in cost from $13,472 to $18,228, with the average gross price for solar in Cedar, MN coming in at $15,850. After accounting for the 26% Federal Investment Tax Credit (ITC) and other state and local solar incentives, the net price you'll pay for solar can fall by thousands of dollars.

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

Average solar panel cost by system size in Cedar, MN

System Size System Cost System Cost (after ITC)
3 kW $9,510 $7,037
4 kW $12,680 $9,383
5 kW $15,850 $11,729
6 kW $19,020 $14,075
7 kW $22,190 $16,421
8 kW $25,360 $18,766
9 kW $28,530 $21,112
10 kW $31,700 $23,458

2020 average solar panel cost graph in Cedar, MN

for a 5kW system

Great Price
$13,472 or less
Market Average
$15,850
Above Market
$18,228 or more

Solar installation costs do not include the 26% Federal Investment Tax Credit or local incentives. Learn more about local MN incentives, tax credits & rebates.

Payback Period

12.67 Years

20-Year Savings

$18,427

Cost per Watt

$3.17

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Top solar installers in Cedar, MN

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True Cost of Solar Guide™ for Minnesota

Download EnergySage’s DIY worksheet to better understand what solar should cost in your state

Don’t get sold on the hype! Find out what solar should actually cost before you talk to your first sales rep. This PDF worksheet will walk you through the simple calculations you can make to determine what size solar PV system you need, and approximately how much it should cost.