Solar Panel ROI in Hennepin County, MN
Is going solar worth it in Hennepin County? Here are the numbers.
Avg System Cost
$14,320
After Tax Credit (30%)
$10,024
Est. Payback Period
1.7 yrs
25-Year ROI
1338%
Solar Economics in Hennepin County
Investment Breakdown
System Cost (est.)$14,320
Federal Tax Credit (30%)-$4,296
Net Cost$10,024
Annual Savings
Est. Annual Energy Savings$5,767
Median Home Value$358,000
Median Household Income$92,595
About Hennepin County, Minnesota
Hennepin County in Minnesota has a median household income of $92,595 and median home value of $358,000. With an estimated payback period of 1.7 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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