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

$
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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.

30% of system cost

Minnesota Solar*Rewards Program

Xcel Energy incentive program for residential solar installations.

Performance-based incentive

Other Cities in Minnesota

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