Solar Panel Cost Guide in Chisago City, MN (2024 Update)
- Chisago City Solar Installation Cost: $20,377
- 25-Year Savings: $23,249
- Payback Period: 13.5 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Chisago City
Find out what the average cost of solar panel installation is in Chisago City.
The average cost of a solar system in Chisago City is 4 per watt.To account for the typical energy needs of the average home in Chisago City, most homeowners require a 7.2-kilowatt system. Using the per-watt figure above, a solar installation costs around $20,377, or $29,139 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average Chisago City homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Chisago City can save around $20,000 on their electricity bills over 20 years.
To receive a free quote from a top solar installation company in Chisago City, you can click the button below.
Solar savings over time in Chisago City
| Year | Return on Investment |
|---|---|
| 1 years | $-19,098 |
| 3 years | $-16,539 |
| 5 years | $-13,980 |
| 7 years | $-11,421 |
| 9 years | $-8,862 |
| 11 years | $-6,304 |
| 13 years | $-3,745 |
| 15 years | $-1,186 |
| 17 years | $1,373 |
| 19 years | $3,932 |
| 21 years | $6,491 |
| 23 years | $9,050 |
| 25 years | $11,609 |
Top Solar Installers in Chisago City
Many homeowners decide to use a solar panel company since trying to install solar panels yourself can be a lot of work. Companies can also offer access to various kinds of the best solar panels and help you pick which one will be best for your home.
If you’d like to start using solar energy but still aren’t sure which solar panel company to go with, here are our suggestions for providers near you:
Best Technology
Tesla Energy
- 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
See all of the solar companies in Chisago City
Factors that Affect Solar Panel Costs in Chisago City
Even though the average cost of a solar system in Chisago City is $20,377, your actual cost may be above or below the average. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Chisago City, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can determine by looking at past electricity bills. Your total cost can increase by about $4,030 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Chisago City, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are provided by most installers in Chisago City, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.When figuring out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The last significant cost factor you should take into consideration is the installer you choose. Given the growing popularity of sustainable energy solutions in Chisago City, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.Additionally, some companies in Chisago City are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $13,636 | 14.1 years |
| 8 kW | $4.11 | $23,019 | $18,632 | 13.8 years |
| 10 kW | $4.03 | $28,210 | $23,855 | 13.5 years |
| 12 kW | $3.95 | $33,175 | $29,303 | 13.3 years |
| 14 kW | $3.87 | $37,914 | $34,976 | 13.0 years |
| 16 kW | $3.79 | $42,428 | $40,876 | 12.7 years |
| 18 kW | $3.71 | $46,716 | $47,001 | 12.5 years |
| 20 kW | $3.63 | $50,778 | $53,351 | 12.2 years |
How to Save on Solar Panels
The solar panel company you go with will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, including:
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely provide quality solar panel installation and expertise.
- Contract: Read the contract terms closely to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
Best Technology
Tesla Energy
- 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
EcoWatch's Chisago City, MN Solar Cost FAQs
How much does it cost to install solar panels in Chisago City?
The average cost of solar panels in Chisago City is about $20,150 for a 5-kW system and $40,300 for a 10-kW system before the ITC, but the real cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Chisago City?
A solar panel system isn’t free in Chisago City, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Does Chisago City have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future utility bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.