Solar Panel Cost Guide in Pipestone, MN (2025 Update)
- Pipestone Solar Installation Cost: $19,841
- 25-Year Savings: $16,752
- Payback Period: 16.1 Years
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Average Cost of Solar Panels in Pipestone
We break down average solar pricing in Pipestone.
While the national average of solar panels is $2.66 per watt, solar panels in Pipestone generally cost about 4.The average solar panel system size in Pipestone is around 7.0 kilowatts, meaning a cost of about $19,841 for a solar installation, or $28,373 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of making the switch to solar can vary based on several factors, such as how many panels you need, your energy usage and what solar installer you go with.For most homeowners, the upfront cost of solar is worth paying. On average Pipestone homeowners see about $17,000 in savings on utility bills over 20 years.
To get a free quote from a highly rated solar company in Pipestone, you can click the button below.
Solar savings over time in Pipestone
| Year | Return on Investment |
|---|---|
| 1 years | $-18,562 |
| 3 years | $-16,003 |
| 5 years | $-13,444 |
| 7 years | $-10,885 |
| 9 years | $-8,326 |
| 11 years | $-5,767 |
| 13 years | $-3,209 |
| 15 years | $-650 |
| 17 years | $1,909 |
| 19 years | $4,468 |
| 21 years | $7,027 |
| 23 years | $9,586 |
| 25 years | $12,145 |
Top Solar Installers in Pipestone
DIY solar panel installation is a possibility, but it's an undertaking that can be a headache. Taking advantage of a solar company can make swapping over to solar power much easier. Since solar panels are exposed to the elements every day, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by reducing potential costs down the line.
If you’d like to switch to solar energy but still aren’t sure which solar system installer to go with, here are our recommendations for providers in Pipestone:
See all of the solar companies in Pipestone
Factors that Affect Solar Panel Costs in Pipestone
There are several criteria that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
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 uses, the larger your system will likely need to be. You can expect to spend about $4,030 per kilowatt in Pipestone.There are a lot of different solar panel brands and the one you pick also changes the cost. Typically, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you choose 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 challenging. Solar loans are available from most installers in Pipestone, which can lower, or in some cases eliminate, your upfront costs to make solar more affordable.When estimating your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Pipestone is the company you choose to install your solar panel system. As with choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that provide a range of services at different costs.The company’s size can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $8,615 | 16.8 years |
| 8 kW | $4.11 | $23,019 | $11,938 | 16.5 years |
| 10 kW | $4.03 | $28,210 | $15,487 | 16.1 years |
| 12 kW | $3.95 | $33,175 | $19,261 | 15.8 years |
| 14 kW | $3.87 | $37,914 | $23,261 | 15.5 years |
| 16 kW | $3.79 | $42,428 | $27,487 | 15.2 years |
| 18 kW | $3.71 | $46,716 | $31,938 | 14.8 years |
| 20 kW | $3.63 | $50,778 | $36,615 | 14.5 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Warranty: If you care about the longevity of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely offer high-quality solar panel installation and expertise.
- Solar Panel Brands: The brand of solar panel you want to get plays a role in which installer you should choose, since different companies have access to different panels.
EcoWatch's Pipestone, MN Solar Cost FAQs
What is the average cost of installing solar panels in Pipestone?
The average cost of solar panels in Pipestone 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 certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Pipestone?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Is it worth going solar in Pipestone?
Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
How often do you have to replace solar panels?
Although 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 choose to replace them after having 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.