Solar Panel Cost in Minot, ND
Updated 2026 guide to solar panel prices, savings, and payback period in Minot.
Estimated Solar Savings
Solar Panel System Costs in Minot, ND
Below are estimated costs for different solar panel system sizes in Minot, including the 30% federal solar tax credit.
| System Size | Cost Before Incentives | Federal Tax Credit (30%) | Net Cost | Est. Annual Production |
|---|---|---|---|---|
| 4 kW | $11,800 | -$3,540 | $8,260 | 6,132 kWh |
| 6 kWMost Popular | $17,700 | -$5,310 | $12,390 | 9,198 kWh |
| 8 kW | $23,600 | -$7,080 | $16,520 | 12,264 kWh |
| 10 kW | $29,500 | -$8,850 | $20,650 | 15,330 kWh |
| 12 kW | $35,400 | -$10,620 | $24,780 | 18,396 kWh |
What Affects Solar Panel Cost in Minot?
The average cost of solar panels in Minot, ND is approximately $295/watt before incentives. For a typical 6kW residential system, that means a total cost of about $17,700 before the federal tax credit.
After applying the 30% federal Investment Tax Credit (ITC), your net cost drops to approximately $12,390.Minot homeowners typically see a payback period of 10 years and save an estimated $23,000 over 25 years.
Factors that affect your cost in Minot:
- System size: Larger systems cost more but have a lower cost per watt
- Equipment quality: Premium panels and inverters cost more but offer better efficiency
- Roof complexity: Steep roofs, multiple levels, or shading can increase installation costs
- Local labor rates: Installation costs vary within the Minot metro area
- Local permits: Permitting costs and requirements vary by municipality in Minot
- Incentives: State and local programs can significantly reduce your out-of-pocket cost
Solar Incentives Available in Minot
Federal Solar Investment Tax Credit
30% Federal Tax Credit (ITC)
North Dakota homeowners can claim the 30% federal ITC along with a state income tax credit for solar installations.
State & Local Incentives
North Dakota Renewable Energy Tax Credit
Tax CreditNorth Dakota offers a state income tax credit for renewable energy device installations including solar.
Property Tax Exemption
Property TaxSolar energy systems are exempt from property tax in North Dakota for 5 years after installation.
Net Metering
North Dakota requires utilities to offer net metering for renewable energy systems up to 100 kW.
AvailableSRECs
North Dakota does not have an SREC market or mandatory renewable portfolio standard.
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Top Solar Companies in Minot, ND
Dakota Solar Energy
Expert Roofing Repairs
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Service Area: North Dakota
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Service Area: North Dakota
Solar Panel Cost FAQ - Minot, ND
The average cost of solar panels in Minot is approximately $2.95 per watt before incentives. A typical 6kW residential system costs about $17,700 before the 30% federal tax credit, bringing the net cost to around $12,390.
The typical payback period for solar panels in Minot is approximately 10 years. After that, you'll enjoy free electricity for the remaining 15-20+ years of your system's life, saving an estimated $23,000 over 25 years.
Minot homeowners can take advantage of the 30% federal solar tax credit, which reduces your system cost by 30%. North Dakota also offers net metering, and various state-level incentive programs. Check our incentives page for the complete list.
Minot homeowners can save an estimated $23,000 over 25 years by going solar. Actual savings depend on your electricity usage, system size, roof orientation, and available incentives. With electricity rates averaging $0.11/kWh in North Dakota, solar provides significant long-term savings.
Solar Costs in Other North Dakota Cities
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