Minneapolis receives approximately 4.3 peak sun hours per day, making it a good location for solar energy production. With an average monthly electric bill of $105 in Minneapolis, homeowners could save $945/year by switching to solar.
A 7.6kW solar system in Minneapolis could generate approximately 804 kWh/month, offsetting about 95% of the average electric bill.
Minneapolis residents benefit from Minnesota's solar incentives, including solar*rewards (xcel energy) + net metering + federal tax credit (30%). made in minnesota solar incentive program.The 30% Federal Solar Tax Credit (ITC) applies to all installations nationwide, reducing your net system cost by nearly a third.
With 4.3 peak sun hours, a typical 7.6kW residential system in Minneapolis produces enough energy to offset 95% of the average household's electricity usage. Over the system's 25+ year lifespan, that translates to $23,625 in total savings.
Your utility affects your net metering rate and solar program eligibility.