Solar Panel Cost Guide in Burnsville, MN (2025 Update)
- Burnsville Solar Installation Cost: $20,281
- 25-Year Savings: $20,950
- Payback Period: 14.4 Years
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Average Cost of Solar Panels in Burnsville
Let’s have a look at the average cost of solar in Burnsville.
While the national average of solar panels is $2.66 per watt, solar panels in Burnsville generally cost around 4.To cover the typical energy usage of the average home in Burnsville, most homeowners require a 7.2-kilowatt system. Using the figure above, a solar installation costs about $20,281, or $29,002 before the federal solar tax credit of 0 is applied.
The true price you pay can go higher or lower than the average in Burnsville based on several factors, such as the kind of solar panels you choose and the solar contractor you hire.Many homeowners find installing solar panels is a sound investment. The average homeowner in Burnsville can save around $19,000 on their energy bills over 20 years.
To get a free estimate from a highly rated solar company in Burnsville, you can click the button below.
Solar savings over time in Burnsville
| Year | Return on Investment |
|---|---|
| 1 years | $-19,001 |
| 3 years | $-16,442 |
| 5 years | $-13,883 |
| 7 years | $-11,324 |
| 9 years | $-8,766 |
| 11 years | $-6,207 |
| 13 years | $-3,648 |
| 15 years | $-1,089 |
| 17 years | $1,470 |
| 19 years | $4,029 |
| 21 years | $6,588 |
| 23 years | $9,147 |
| 25 years | $11,706 |
Top Solar Installers in Burnsville
Putting up solar panels by yourself can be a difficult project, which is why using a solar installation company is a good option for many homeowners. Solar warranties and repairs are typically included in the cost of installation when you go with a solar contractor as well, which can save you more money after your upfront investment.
If you're searching for a solar installer in Burnsville, the EcoWatch team has compiled a list of our top suggestions here:
See all of the solar companies in Burnsville
Factors that Affect Solar Panel Costs in Burnsville
There are a number of factors that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $4,030 per kilowatt in Burnsville.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your energy bills. In addition, extra products, like solar batteries, can bring your total well above the Burnsville average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are offered by most installers in Burnsville, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible.Though solar loans make switching to solar energy more accessible for Burnsville homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The remaining major cost factor you should take into consideration is the installer you choose. Given the growing popularity of sustainable energy solutions in Burnsville, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $4.19 | $17,603 | $11,809 | 15.0 years |
| 8 kW | $4.11 | $23,019 | $16,197 | 14.7 years |
| 10 kW | $4.03 | $28,210 | $20,810 | 14.4 years |
| 12 kW | $3.95 | $33,175 | $25,649 | 14.1 years |
| 14 kW | $3.87 | $37,914 | $30,714 | 13.8 years |
| 16 kW | $3.79 | $42,428 | $36,004 | 13.5 years |
| 18 kW | $3.71 | $46,716 | $41,520 | 13.2 years |
| 20 kW | $3.63 | $50,778 | $47,262 | 12.9 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Contract: Before signing a contract with a solar installer, make sure you look it over completely so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Your solar installer should have a solid 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 certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Solar Panel Brands: The kind of solar panel you want to install plays a part in which company you should opt for, since different companies provide different panels.
EcoWatch's Burnsville, MN Solar Cost FAQs
How much does it cost to install solar panels in Burnsville?
This is a hard question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $20,150 for a 5-kW system and $40,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Burnsville have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Burnsville?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.