Solar Panels in
Rice County, MN

Updated 10/16/2021

How much do solar panels cost in Rice County, MN in 2021?

As of October 2021, the average solar panel cost in Rice County, MN is $3.06/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Rice County, MN ranges in cost from $13,005 to $17,595, with the average gross price for solar in Rice County, MN coming in at $15,300. 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 Rice County, MN

System Size System Cost System Cost (after ITC)
3 kW $9,180 $6,793
4 kW $12,240 $9,058
5 kW $15,300 $11,322
6 kW $18,360 $13,586
7 kW $21,420 $15,851
8 kW $24,480 $18,115
9 kW $27,540 $20,380
10 kW $30,600 $22,644

2021 average solar panel cost graph in Rice County, MN

for a 5kW system

Great Price
$13,005 or less
Market Average
$15,300
Above Market
$17,595 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

10.21 Years

20-Year Savings

$29,148

Cost per Watt

$3.06

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