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

  • Rogers Solar Installation Cost: $14,314
  • 25-Year Savings: $19,623
  • Payback Period: 10.5 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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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 Rogers

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

While the national average of solar panels is $2.66 per watt, solar panels in Rogers typically cost around $3. The average Rogers homeowner needs a 7.2-kilowatt system, which would cost about $14,314, or $10,592 after the federal solar tax credit of 30% is applied.

These figures are only averages, and the cost of going solar for you may vary based on factors unique to your home and what company you go with. For many homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $18,000 in savings on utility bills over 20 years.

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 Rogers

Year Return on Investment
1 years $-12,956
3 years $-10,241
5 years $-7,526
7 years $-4,811
9 years $-2,096
11 years $618
13 years $3,333
15 years $6,048
17 years $8,763
19 years $11,478
21 years $14,193
23 years $16,908
25 years $19,623

Top Solar Installers in Rogers

Although it's possible to install solar panels on your own, it takes extra time and know-how. Because of that, almost all homeowners choose to hire a solar panel installer. A solar installer can also help save you money over time by offering warranties, repairs and system component replacements.

If you're searching for a solar installer in Rogers, we've compiled 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 Rogers

Factors that Affect Solar Panel Costs in Rogers

Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that affect your total cost in Rogers: 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

The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the key factors is the system size. Solar power systems that have higher efficiency or power production require 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 $2,840. There are several different solar panel brands and the one you choose also changes the cost. In many cases, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Most solar companies in Rogers have solar loans, which reduce the initial cost of installing solar. However, the interest on solar loans also adds to your all-in costs, so it's important to take that into consideration as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.

Solar Panel Installation Company

Lastly, the company you hire to install your solar panels can affect your pricing. Rogers' solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.

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 $15,868 11.0 years
8 kW $2.90 $16,222 $21,475 10.8 years
10 kW $2.84 $19,880 $27,242 10.5 years
12 kW $2.78 $23,379 $33,167 10.3 years
14 kW $2.73 $26,719 $39,252 10.1 years
16 kW $2.67 $29,900 $45,495 9.9 years
18 kW $2.61 $32,921 $51,898 9.7 years
20 kW $2.56 $35,784 $58,460 9.5 years

Solar Incentives in Rogers

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:

  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. While there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before making your decision.
  • Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should secure and what the project timeline is.
  • Contract: Although reading through a contract can be tedious, it's important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
  • Reputation: Your solar installer should have a solid 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 that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.

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 Rogers, MN Solar Cost FAQs

What is the average cost of installing solar panels in Rogers?

The average cost of solar panels in Rogers is about $14,200 for a 5-kW system and $28,400 for a 10-kW system before the ITC, but the real cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you consume.

Should I lease or buy solar panels in Rogers?

Leasing solar panels can be an attractive choice, as it commonly comes with low or $0 upfront payments. The drawback 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.

How much can I save on energy bills after installing solar panels?

Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $942.44 per year.

How long do solar panels last in Rogers?

Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using 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.

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.

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