Solar Savings Calculator for Plymouth, MN
Homeowners in Plymouth pay an average of $138/month for electricity through Xcel Energy. With 4 peak sun hours per day, solar panels can significantly reduce your energy costs.
$138
Avg Monthly Bill
15.5¢/kWh
Electricity Rate
4h/day
Peak Sun Hours
$42,244
Est. 25-Year Savings
Calculate Your Savings in Plymouth
Adjust Your Details for Plymouth, MN
$
$50$1,000
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5¢50¢
Your Estimated Solar Savings
System Size
7.6 kW
Panel Count
19 panels
Total System Cost
$22,040
Federal Tax Credit (30%)
-$6,612
Net Cost
$15,428
Annual Savings
$1,656
Payback Period
9.3 years
25-Year Savings
$42,244
Return on Investment
274%
* Estimates based on 4 peak sun hours/day in Plymouth, MN, system cost of $2.9/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Local Solar Details for Plymouth
Utility & Permits
- Utility Company
- Xcel Energy
- Permit Cost
- $325
- Permit Timeline
- 2-4 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 7.6 kW
- Panel Count
- 19 panels
- Gross Cost
- $22,040
- Net Cost (after credits)
- $15,428
Available Incentives for Plymouth, MN
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
Minnesota Solar*Rewards Program
Xcel Energy incentive program for residential solar installations.
Other Cities in Minnesota
More Solar Tools for Plymouth
Plymouth Solar IncentivesAll available tax credits and rebatesPlymouth Cost ComparisonSolar vs. grid costs over 25 yearsPlymouth System SizingHow many panels your home needsPlymouth Permits & RegulationsLocal permit requirementsIs Solar Worth It in Plymouth?Data-driven analysis for your cityPlymouth Financing OptionsCompare loans, leases, and PPAs
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