$328
2,003 kWh
1,328 lbs
Average solar panel installation
$38,300Federal Incentives
$11,490Total
$26,810
Average monthly bill without solar
$328Average monthly bill with solar
$103Solar will pay for itself in
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The estimated cost to install solar at your house is $38,300. We calculated this because we think your electricity usage for the year is about 24040 kWh, and a 11.64 kW size solar system on your roof would replace 69% of your usage. We are using an estimated cost of $3.29/W, which we get from Energy Sage.
The current electricity costs for Northern States Power Co - Minnesota are 16¢/kWh. So, by replacing 69% of your usage, you’ll save $2,717 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 14.17 years. If the costs of Northern States Power Co - Minnesota electricity rise 3%, then your savings will pay for your solar system in 13.76 years.
Solar installed at your house would generate different amounts of electricity during different months. We estimate that your production would vary from a high of 1710 kWh in July, to a low of 880 kWh in December. For the entire year, we estimate that your 11.64 kW sized system would produce 16510 kWh.
You are eligible for a federal tax credit equal to 30% of the cost of your solar system, or $11,490.
From Department of Energy Data, it looks like 15 homes have installed solar panels in your zip code, 55346. In your city, Eden Prairie, 45 homes have installed solar panels. And in the state of Minnesota, 1,517 homes have installed solar panels.
There are 5 solar installers that operate in Minnesota. WattBuy recommends Modernize, EnergySage, and RGR Marketing.
Using this data-driven approach, we have created a machine learning model that can estimate electricity usage and carbon footprint for every home in the US. We then use this information to recommend the best options for you, so you can feel good that WattBuy is recommending something truly personalized.
Our electricity estimations are trusted by our partners at The Department of Energy's National Renewable Energy Laboratory, as well as many of the biggest consumer brands in the world.