Solar Panels in
Clay County, MN

Updated 6/8/2019

How much do solar panels cost in Clay County, MN in 2019?

As of December 2019, the average solar panel cost in Clay County, MN is $3.55/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Clay County, MN ranges in cost from $15,088 to $20,412, with the average gross price for solar in Clay County, MN coming in at $17,750. After accounting for the 30% 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.

Average solar panel cost by system size in Clay County, MN

System Size System Cost System Cost (after ITC)
3 kW $10,650 $7,455
4 kW $14,200 $9,940
5 kW $17,750 $12,425
6 kW $21,300 $14,910
7 kW $24,850 $17,395
8 kW $28,400 $19,880
9 kW $31,950 $22,365
10 kW $35,500 $24,850

2019 average solar panel cost graph in Clay County, MN

for a 5kW system

Great Price
$15,088 or less
Market Average
$17,750
Above Market
$20,412 or more

Solar installation costs do not include the 30% Federal Investment Tax Credit or local incentives. Learn more about local MN incentives, tax credits & rebates.

Payback Period

12.42 Years

20-Year Savings

$32,631

Cost per Watt

$3.55

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