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Solar Panel ROI in Carlton County, MN

Is going solar worth it in Carlton County? Here are the numbers.

Avg System Cost

$8,720

After Tax Credit (30%)

$6,104

Est. Payback Period

1.5 yrs

25-Year ROI

1543%

Solar Economics in Carlton County

Investment Breakdown

System Cost (est.)$8,720
Federal Tax Credit (30%)-$2,616

Net Cost$6,104

Annual Savings

Est. Annual Energy Savings$4,011
Median Home Value$218,000

Median Household Income$74,660

About Carlton County, Minnesota

Carlton County in Minnesota has a median household income of $74,660 and median home value of $218,000. With an estimated payback period of 1.5 years, solar is a strong investment for homeowners in this area.

These estimates use county-level medians and national averages for solar irradiance. Your actual ROI depends on roof orientation, shading, local utility rates, and available state/local incentives beyond the federal 30% ITC.

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Other Counties in Minnesota

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: EIA, NREL, DSIRE. Solar cost estimates based on county-level home values and national averages. This is not financial advice.