The cost of solar panels in Becker, MN (2024)

Updated Sep 17, 2024

  • You'll pay an average of $14,864 to install a 5 kilowatt solar panel system in Becker, MN, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

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Written by: Emily Walker

As of September 2024, the average solar panel system costs $2.97/W including installation in Becker, MN. For a 5 kW installation, this comes out to about $14,864 before incentives, though prices range from $12,634 to $17,094. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Becker, MN

Good Price
$12,634 or less
Market Average
$14,864
High Price
$17,094 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Becker, MN state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $14,864 in Becker, MN, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Becker, MN

System Size
System Cost
System Cost (after ITC)
3 kW$8,918$6,243
4 kW$11,891$8,324
5 kW$14,864$10,405
6 kW$17,836$12,485
7 kW$20,809$14,566
8 kW$23,782$16,647
9 kW$26,755$18,728
10 kW$29,727$20,809

Are solar panels worth it in Becker, MN?

Solar panels are worth it in most areas, including Becker, MN. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $37,662 over 20 years on electricity costs with a 5 kW system in Becker, MN. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

Payback Period
10.51 Years
20-Year Savings
$37,662
Cost-per-Watt
$2.97

If you can't shell out $14,864 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Find out what solar panels cost in your area in 2024
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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in MN, here are some popular suggestions:

  • Centauri Systems
    New Hope, MN
    Established 2019
    Elite+ Installer
    Centauri Systems is Minnesota’s top choice for superior quality solar products and a 30-year warranty backed thro...
    Elite+ Installer
    Screened & Verified
    5.0 /5.0
    68 Reviews

    Centauri Systems is Minnesota’s top choice for superior quality solar products and a 30-year warranty backed thro...
  • All Energy Solar
    Saint Paul, MN
    Established 2009
    Elite+ Installer
    Our team of industry professionals have been focused on providing long term, trusted relationships since 2009. O...
    Elite+ Installer
    Screened & Verified

    Our team of industry professionals have been focused on providing long term, trusted relationships since 2009. O...
  • Wolf River Electric
    Isanti, MN
    Established 2014
    Elite Installer
    Here at Wolf River Electric customer service and satisfaction is our number one priority because with out you we ...
    Elite Installer
    Screened & Verified

    Here at Wolf River Electric customer service and satisfaction is our number one priority because with out you we ...
  • MN Solar and More, LLC
    Plymouth, MN
    Established 2017
    Approved Installer
    It all starts with a simple, no obligation conversation. Never high pressure, always informative!

    Our energy indus...
    Approved Installer
    Screened & Verified
    5.0 /5.0
    30 Reviews

    It all starts with a simple, no obligation conversation. Never high pressure, always informative!

    Our energy indus...
  • Freedom Solar Pros
    Multi-state
    Established 2011
    Approved Installer
    A nationally accredited electrical and solar contractor.
    Approved Installer
    Screened & Verified
    5.0 /5.0
    3 Reviews

    A nationally accredited electrical and solar contractor.

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Becker, MN.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Becker, MN. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Why shop with EnergySage?

Save time & money

Request free quotes from vetted installers in minutes

Unbiased support

Our expert Energy Advisors will help you make the right decision

Trusted, local installers

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