Cost of Solar Panels in North Dakota: Local Solar Installation Prices (2022)

Here’s a quick look at the estimated cost of solar in North Dakota:

  • Average Cost Per Watt: $2.42
  • Cost of Average System: $19,699*
  • Cost of Energy Without Solar: $44,662
  • Payback Period: 13 Years**
  • Lifetime Savings of Going Solar: $18,042

*Average system size is calculated using data from the Energy Information Administration. This price is after tax credit.
**Payback period is calculated assuming the system is purchased in cash.

Ecowatch Author Karsten Neumeister

By Karsten Neumeister, Solar Expert

Updated 5/22/2022

Why You Can Trust EcoWatch

Our content is created and advised by solar industry experts, giving you the information you need to make smart decisions about solar for your home. No other site has access to the same data and insider information as EcoWatch, and you can rest assured our reviews and rankings are never affected by revenue or partnerships.

Find Cost Savings on Solar in North Dakota

As a homeowner in North Dakota, you may be wondering: How much do solar panels cost in your area? In this article, we’ll discuss the average cost of a solar installation, how much that can save you on energy for your home and what incentives are available in your region. If you want to jump straight to getting a quote for an installation, you can follow the links below to speak with a verified professional.

Jump to Section:

  1. Cost of Solar Panels in North Dakota
  2. What Determines the Cost of Solar Panels in North Dakota?
  3. North Dakota Solar Incentives
  4. FAQ: Solar Panel Cost North Dakota

 

Outstanding Regional Installer
Badge icon

Regional Service

Ecowatch rating

Average cost

$$$$$

Read full review now

Lightspring Solar

  • Pros icon Locally owned and operated
  • Pros icon Offers products from leading manufacturers
  • Pros icon Custom system designs
  • Pros icon Representatives are experts on local policies
  • Con icon Relatively young company
  • Con icon Limited warranty coverage
  • Con icon No leases or PPAs

Services Offered

  • Service icon Solar Panels
  • Service icon Solar Batteries
  • Service icon Community Solar
Outstanding Regional Installer
Badge icon

Regional Service

Ecowatch rating

Average cost

$$$$$

Read full review now

REAL Solar

  • Pros icon Outstanding customer service
  • Pros icon Offers products from leading manufacturers
  • Pros icon NABCEP-certified technicians
  • Pros icon Representatives are experts on local policies
  • Con icon Limited service area
  • Con icon No leases or PPAs
  • Con icon Slightly limited service offerings
  • Con icon Limited warranty coverage

Services Offered

  • Service icon Solar Panels
  • Service icon Solar Batteries
  • Service icon Maintenance & Repairs
Outstanding Regional Installer
Badge icon

Regional Service

Ecowatch rating

Average cost

$$$$$

Read full review now

GenPro Energy Solutions

  • Pros icon NABCEP-certified technicians
  • Pros icon Competitive pricing
  • Pros icon Multitude of products and services
  • Con icon No leases or PPAs
  • Con icon Limited warranty coverage

Services Offered

  • Service icon Solar Panels
  • Service icon Solar Batteries
  • Service icon Generators
  • Service icon Energy-Efficiency Audits
  • Service icon Community Solar

EcoWatch Preferred Partners

Here is a list of preferred partners in this area.

VIEW MORE

Cost of Solar Panels in North Dakota

Solar panel systems in North Dakota cost an average of $2.42 per watt, which is significantly cheaper than the national average of $2.66. Most homeowners in ND need a system that is around 11 kilowatts to offset the average monthly electric bill of $113.1 That averages out to a total system cost of $26,620 before the federal tax credit, or $19,699 after the credit. 

The total cost of going solar in North Dakota is around the national average price, given that the per-watt cost is lower and the typical system size is larger.

Solar Panel System Installation Cost in North Dakota

System size, which is predominantly determined by your average monthly energy bill, is the most significant cost factor to consider. Every additional kilowatt you need in North Dakota will add approximately $2,420 to your total. The table below provides some typical system sizes for the area, along with average costs before and after the federal tax credit.

Size of Solar Panel System North Dakota Solar Panel Cost Cost After Federal Tax Credit
8 kW $19,360 $14,326
9 kW $21,780 $16,117
10 kW $24,200 $17,908
11 kW $26,620 $19,699
12 kW $29,040 $21,490
13 kW $31,460 $23,280
14 kW $33,880 $25,071

Want to see a list of the top solar companies in North Dakota that can install a high-quality, affordable system? Click here.

What Determines the Cost of Solar Panels in North Dakota?

As mentioned above, your energy needs and system size is the biggest cost factor when going solar in North Dakota. However, there are some other things that can swing your price up or down from the average quite a bit. We’ll discuss three additional factors to consider below.

Solar Equipment

The solar equipment you choose to have installed can vary greatly in price, usually in relation to the overall quality, energy efficiency and brand. Some brands of solar equipment are more highly sought-after because of their efficiency and the energy savings they provide over time. Some more costly but more valuable products include Maxeon/SunPower solar panels and Tesla Powerwall batteries. Opting for products like these will cost more upfront but can often pay for themselves in a shorter amount of time.

Additionally, the pieces of equipment you choose to complete your home solar project can affect your pricing. Most residential solar systems include panels and inverters, but some North Dakota residents customize their set-ups with solar batteries, electric vehicle chargers and other products that suit their needs. These add-ons will naturally increase the upfront cost of going solar, sometimes by thousands or even tens of thousands of dollars.

Solar Financing

Solar financing is a desirable and necessary option for many North Dakota homeowners because paying the average cost of $26,620 to go solar is out of the question. By securing a solar loan, residents can reduce their upfront costs significantly or even entirely with a no-money-down loan.

However, financing your solar energy system will cost more in the long run because you’ll have to pay interest on the money you borrow. Even low-APR loans will lead to some interest paid, and it can amount to hundreds or thousands of dollars in some cases. 

You can also reduce your overall cost of financing by maximizing your down payment. The more you pay up front, the less interest you’ll pay over time.

Solar Installation Company

Finally, the solar panel installation company you choose can play a major role in the cost you pay for your clean energy solution.

Every installer can charge different prices for labor and the warranties provided, and some upcharge for equipment, leading to variances in pricing. Additionally, some companies only carry high-efficiency products and will cost more because of a higher equipment cost. It’s best to compare companies based on the value provided rather than cost alone, as companies with high-quality equipment will cost more now but could save you more over time.

North Dakota Solar Incentives

With the average cost of solar panels in North Dakota topping $26,000, homeowners are pleased to find that the federal and state governments provide access to solar incentives to ease the financial burden of converting. Below, we’ll discuss the most appealing solar incentives available to North Dakotans.

North Dakota Solar Incentive How it Affects the Cost of Solar Panels in North Dakota
Renewable Energy Property Tax Exemption Guarantees that your property taxes won’t increase from installing solar, even though the process bumps up your home value. Over time, this can lead to thousands or even tens of thousands of dollars saved, depending on your property taxes.
Sales and Use Tax Exemption for Electrical Generating Facilities Allows homeowners to avoid sales tax on all solar equipment. With an average solar power system cost of $26,620 and an average sales tax rate of 5%, that’s a typical savings of $1,331.
Residential Energy Efficiency Rebates Offered by 5 utilities in North Dakota. This won’t cover solar but will cover energy efficiency upgrades that solar contractors can carry out with an installation, ultimately saving the homeowner money in some cases.
Net Metering Through net metering programs, homeowners can earn credits from their utility company for any excess generation by their solar panels. North Dakota’s net metering policy ensures these programs are available to all customers of investor-owned utilities, but it’s not mandated for customers of municipal utilities or electric cooperatives.
Local Solar Rebates & Incentives Many municipalities and utility companies offer their own rewards for renewable energy systems. Be sure to check with your local government and power provider for any additional rebates or incentives.
Federal Solar Tax Credit The federal solar investment tax credit (ITC) is a tax incentive that’s worth 26% of your total PV system installation and equipment costs. The credit will reduce to 22% in 2023 and will be eliminated in 2024 unless it is renewed by Congress.

North Dakota Installed Solar System Costs in 2022 By Panel

Homeowners in North Dakota will have plenty of solar equipment brands to choose from for customization and to optimize their systems for efficiency and affordability. The table below provides a list of some of the best solar panel brands and relative pricing for each. You can use this information to help decide which brands might be right for your budget.

Solar Panel Brand Average Cost Per Watt ($-$$$$$)
LG Solar $$$
Canadian Solar $$
JA Solar $$
Mission Solar $$
Panasonic $$
Q Cells $$
REC $$$
Silfab $$$
SunPower $$$$$
Tesla $$
Trina Solar $$$

EcoWatch Preferred Partners

Here is a list of preferred partners in this area.

VIEW MORE

 

People Also Ask 

EcoWatch FAQ: Solar Panel Cost North Dakota

The EcoWatch team is happy to get questions about the process and cost of going solar in North Dakota daily. Below are some of the questions we see most often, along with comprehensive answers.

Blog author image

Karsten Neumeister

Solar Expert

Karsten Neumeister is a solar energy specialist with a background in writing and the humanities. Before joining EcoWatch, Karsten worked in the renewable energy sector of New Orleans, focusing on solar energy policy and technology. A lover of music and the outdoors, Karsten might be found rock climbing, canoeing or writing songs when away from the workplace.

Top Installers For North Dakota