Solar Panel Cost Guide in Isanti, MN (2025 Update)
- Isanti Solar Installation Cost: $20,229
- 25-Year Savings: $23,353
- Payback Period: 13.4 Years
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Average Cost of Solar Panels in Isanti
See how much it might cost to go solar in Isanti.
Although the national average of solar panels is $2.66 per watt, solar panels in Isanti typically cost around 4.The average Isanti homeowner needs a 7.2-kilowatt system, which would cost about $20,229 with the federal tax credit, or $28,927 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy use, the type of solar system you want to get, your solar contractor and more.But, after you've paid the upfront cost of installation, the savings for most homeowners is usually good, with a net average savings of about $20,000 over 20 years on power bills.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Isanti
| Year | Return on Investment |
|---|---|
| 1 years | $-18,950 |
| 3 years | $-16,391 |
| 5 years | $-13,832 |
| 7 years | $-11,273 |
| 9 years | $-8,714 |
| 11 years | $-6,155 |
| 13 years | $-3,596 |
| 15 years | $-1,037 |
| 17 years | $1,522 |
| 19 years | $4,080 |
| 21 years | $6,639 |
| 23 years | $9,198 |
| 25 years | $11,757 |
Top Solar Installers in Isanti
Many homeowners choose to use a solar panel installer since trying to install solar panels by yourself can be a lot of work. Since solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:
See all of the solar companies in Isanti
Factors that Affect Solar Panel Costs in Isanti
For many Isanti homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Isanti, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $4,030.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. On the other hand, higher efficiency could save you more in the long run on your electric bills. In addition, extra products, like solar batteries, can bump up your total well above the Isanti average.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many Isanti homeowners opt to finance their solar panel systems to make paying for solar more affordable.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar company you hire to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies operating in Isanti, and each can charge varying amounts for labor and equipment.You may come across national solar installers that have lower prices due to their bigger 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 | $13,865 | 14.0 years |
| 8 kW | $4.11 | $23,019 | $18,938 | 13.7 years |
| 10 kW | $4.03 | $28,210 | $24,236 | 13.4 years |
| 12 kW | $3.95 | $33,175 | $29,761 | 13.2 years |
| 14 kW | $3.87 | $37,914 | $35,511 | 12.9 years |
| 16 kW | $3.79 | $42,428 | $41,487 | 12.6 years |
| 18 kW | $3.71 | $46,716 | $47,688 | 12.4 years |
| 20 kW | $3.63 | $50,778 | $54,115 | 12.1 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose considerably influences your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it fully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Solar Panel Brands: Different companies will have different brands and models of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
- Reputation: Long-standing companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
EcoWatch's Isanti, MN Solar Cost FAQs
How much does it cost to install solar panels in Isanti?
This is a difficult question to answer precisely, 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. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Isanti?
Leasing solar panels can be an option if you can’t afford to pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Does Isanti have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future utility bills.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.