Solar Panel Cost Guide in Blaine, MN (Jul 2022)

  • Blaine Solar Installation Cost: $15,132
  • 25-Year Savings: $20,515
  • Payback Period: 10.6 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 7/19/2022

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Average Cost of Solar Panels in Blaine

Let's take a look at the average cost of solar panels in Blaine.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Blaine, the average cost of solar panels is $3 per watt. The average Blaine homeowner needs a 7.2-kilowatt system, which would cost about $15,132, or $11,198 after the federal solar tax credit is applied.

These figures are just estimates, and your own solar costs will most likely vary based on your specific situation and what company you go with. Even with the large upfront cost, the average Blaine homeowner can save about $19,000 on their electricity bills over 20 years, which is one of the advantages of solar.

To see your potential savings and connect with a local solar expert, click the button below.

Solar savings over time in Blaine

Year Return on Investment
1 years $-13,706
3 years $-10,854
5 years $-8,002
7 years $-5,150
9 years $-2,299
11 years $553
13 years $3,405
15 years $6,257
17 years $9,108
19 years $11,960
21 years $14,812
23 years $17,663
25 years $20,515

Top Solar Installers in Blaine

Although it's possible to install solar panels by yourself, it involves extra time and knowledge. That's why the majority of homeowners choose to go with a solar panel installer. Companies can also provide access to a large variety of the best solar panels and help you choose which one will be best for your family.

You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some nearby:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

See all of the solar companies in Blaine

Factors that Affect Solar Panel Costs in Blaine

Though the average cost of solar panels in Blaine is $15,132, your actual cost may differ. There are several factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.

Solar Equipment Size

The size of the solar panel system you need for your home is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,840. The model of solar panels and equipment you choose is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment consists of more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that falls within your budget.

Solar Financing Terms

Many homeowners find the average cost of solar in Blaine to be prohibitively costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in a higher cost over time because of interest. However, the interest on solar loans also adds to your all-in costs, so it's crucial to consider that as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.

Solar Panel Installation Company

Finally, the company you opt for to install your solar system can impact your pricing. Blaine's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $2.95 $13,114 $16,603 11.0 years
8 kW $2.90 $17,149 $22,473 10.8 years
10 kW $2.84 $21,016 $28,512 10.6 years
12 kW $2.78 $24,715 $34,719 10.4 years
14 kW $2.73 $28,246 $41,094 10.2 years
16 kW $2.67 $31,608 $47,637 10.0 years
18 kW $2.61 $34,802 $54,348 9.8 years
20 kW $2.56 $37,829 $61,228 9.5 years

Solar Incentives in Blaine

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Fix-Up Loan
Website Visit here
More Info Click here

Name Wind and Solar-Electric (PV) Systems Exemption
Incentive Amount Solar: 100% exemption from real property taxes
Wind: 100% exemption from real and personal property taxes
Incentive Max None
More Info Click here

Name Xcel Energy - Renewable Development Fund Grants
Incentive Amount Varies
Incentive Max Varies by RFP details
Website Visit here
More Info Click here

Name Solar Energy Sales Tax Exemption
Incentive Amount 100% exemption
Incentive Max None
More Info Click here

Name Xcel Energy - Solar*Rewards Program
Incentive Amount Residential Systems: $0.07 per kWh produced over 10 years.
Income-Qualified Residential Systems: $0.07 per kWh produced over 10 years, plus $2.00/W up-front.
Income-Qualified Multifamily: $0.06 per kWh produced over 10 years, plus $1.00/W up-front.
Income-Qualified Solar Garden: $0.06 per kWh produced over 10 years, plus $0.50/W up-front.
Commercial Systems: $0.06 per kWh produced over 10 years
Website Visit here
More Info Click here

How to Save on Solar Panels

The solar panel company you choose will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, including:

  • Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of offerings before deciding.
  • Contract: Although reading through a contract can be tedious, it's important to do it carefully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
  • Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the completion timeline.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

EcoWatch's Blaine, MN Solar Cost FAQs

How much does it cost to install solar panels in Blaine?

This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $14,200 for a 5-kW system and $28,400 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.

Are solar panels free in Blaine?

Solar panels aren't free in Blaine, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

Can solar panels eliminate my power bills?

Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $990.56 per year.

What solar power system size is right for my home?

To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.

Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert’s opinion on the top solar companies featured here, follow this link.

Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.

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