Call now

Minnesota Solar Incentives: Tax Credits & Rebates Guide 2024
  • Written by Saltanat Berdikeeva
  • |
  • Edited by Jamie Cesanek
  • |
  • Last updated 09/22/2023

Estimate your home’s solar cost and savings

20-year savings
Upfront cost
Payback period
0 years

At SaveOnEnergy, we work to offer accurate information with editorial integrity. Our partners do not direct our editorial content, though we may reference their products in our posts. Read more about how we make money.

Key Points

  • There are enough solar panels installed in Minnesota to power more than 240,000 homes.
  • Many Minnesota homeowners can virtually eliminate their light bills by installing a rooftop solar system.
  • A solar power system can improve energy independence while minimizing your home’s carbon footprint.

Ready to go solar? Call 866-571-4821 to be connected with a solar expert today!

Solar power FAQs

  • The average 7-kW solar system in Minnesota costs around $28,210 before deducting any rebates. However, with the 30% federal solar tax credit, you’ll pay around $19,747 for this system. Remember that every home is different, and you may need a larger or smaller solar system, depending on your home’s energy demands.

  • Solar panels are a smart choice if you own your home, take advantage of the tax credit, and have good sun exposure. Most Minnesota solar systems will pay for themselves in savings after roughly 14 years, but they can generate renewable energy for 25 to 30 years. 

  • Your potential solar savings vary by your solar system’s size, energy consumption, and local net metering initiatives. Once you’ve paid off your solar panels in Minnesota, you can earn significant energy savings. Sometimes, your solar panels won’t generate energy, though — like at night. If you invest in a solar battery bank, you could use stored solar energy to power your home when your panels aren’t generating energy.

  • Many quality solar installers serve Minnesota homeowners. SaveOnEnergy can help you connect with qualified solar panel companies in your area. To learn more about installing a solar power system, enter your information on this page for a free solar estimate. 

  • Solar energy is a renewable energy source because it comes from the sun. Using solar does not diminish its source like burning fossil fuels. Harnessing sunlight and converting it to electricity for your home does not release harmful greenhouse gasses. Energy sources like coal, oil, and natural gas are limited and pollute air and water. Using renewable sources instead of fossil fuels reduces emissions for a cleaner environment and stable climate.

Solar energy by state

Is solar right for your home?
Get an estimate of solar cost and savings at your home.