Is Solar Worth It in Meridian, ID?

A data-driven analysis based on Meridian's electricity rates, sun exposure, and available incentives.

Yes, Solar Is Worth It in Meridian

With a 9.2-year payback and 277% ROI, solar is an excellent investment in Meridian.

9.2 years
Payback Period
$38,379
25-Year Savings
277%
Return on Investment
$13,860
Net System Cost
$125
Monthly Savings
$1,500
Annual Savings
7.2 kW
System Size
$792
Home Value Boost

Why Solar Works in Meridian

  • +Excellent sun exposure (5 peak hours/day)
  • +Full net metering — get retail credit for excess energy
  • +Estimated $792 increase in home value
  • +30% federal tax credit reduces upfront cost significantly
  • +Protection against future electricity rate increases (avg 3%/year)

Considerations

  • -Lower electricity rates (11.5¢/kWh) mean smaller immediate savings

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