Solar Panel Cost Guide in Delano, MN (Sep 2022)

  • Delano Solar Installation Cost: $14,174
  • 25-Year Savings: $17,923
  • Payback Period: 11.0 Years

See cost of a solar system near you:

GET QUOTES
EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Delano

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

Although the national average of solar panels is $2.66 per watt, solar panels in Delano generally cost about $3. The average solar panel system size in Delano is around 7.1 kilowatts, meaning a cost of about $14,174 for a solar installation, or $10,489 after the 30% federal solar tax credit is applied.

The actual price you pay can be above or below the average in Delano based on a variety of factors, such as the brand of solar panels you choose and the solar contractor you hire. For many homeowners, the upfront cost of solar is worth paying. On average homeowners in Delano see about $17,000 in savings on utility bills over 20 years.

You can click the button below to get connected with a top solar company in Delano that can help you get a more accurate cost estimate for your home.

Solar savings over time in Delano

Year Return on Investment
1 years $-12,891
3 years $-10,323
5 years $-7,755
7 years $-5,187
9 years $-2,620
11 years $-52
13 years $2,516
15 years $5,084
17 years $7,652
19 years $10,219
21 years $12,787
23 years $15,355
25 years $17,923

Top Solar Installers in Delano

Although it's possible to install solar panels on your own, it requires extra time and handiness. For that reason, most homeowners choose to hire a solar panel installer. Another benefit of utilizing a solar company is that they can help you make the most of your ROI by reducing your future costs of repairs and replacements because of warranties and giving you information on local incentives you can take advantage of.

If you're on the hunt for a solar company in Delano, the EcoWatch team has put together a list of our top suggestions here:

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

The Green Panel

★★★★★
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 Delano

Factors that Affect Solar Panel Costs in Delano

Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in Delano: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.

Solar Equipment Size

One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend around $2,840 per kilowatt in Delano. There are a lot of different solar panel brands and the one you pick also affects the cost. Usually, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Delano, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.

Solar Panel Installation Company

The solar panel installer you select will influence your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions 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 $2.95 $12,405 $14,621 11.5 years
8 kW $2.90 $16,222 $19,813 11.3 years
10 kW $2.84 $19,880 $25,163 11.0 years
12 kW $2.78 $23,379 $30,673 10.8 years
14 kW $2.73 $26,719 $36,342 10.6 years
16 kW $2.67 $29,900 $42,170 10.4 years
18 kW $2.61 $32,921 $48,157 10.2 years
20 kW $2.56 $35,784 $54,303 9.9 years

Solar Incentives in Delano

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 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 difficult, we have some tips to help you, such as:

  • Reputation: Your solar installer should have a sound reputation as a company and have proven 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 satisfied reviews from past customers.
  • Solar Panel Brands: Different companies will have different brands and types of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
  • Warranty: If you care about the endurance of your solar panel system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
  • Contract: When looking over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.

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

The Green Panel

★★★★★
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 Delano, MN Solar Cost FAQs

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

The average cost of solar panels in Delano is about $14,200 for a 5-kW system and $28,400 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.

Is cost the most important thing to keep in mind when buying solar panels?

Cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.

Can solar panels eliminate my energy bills?

It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Delano, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.

What solar power system size is right for my home?

To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house 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.

solar panel and sunny sky
Invest in clean solar energy, save thousands of dollars.

Save $$ on your electricity bill by getting a free quote today.

Follow us