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Solar Panel ROI in Lyon County, MN

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

Avg System Cost

$7,104

After Tax Credit (30%)

$4,973

Est. Payback Period

1.6 yrs

25-Year ROI

1416%

Solar Economics in Lyon County

Investment Breakdown

System Cost (est.)$7,104
Federal Tax Credit (30%)-$2,131

Net Cost$4,973

Annual Savings

Est. Annual Energy Savings$3,016
Median Home Value$177,600

Median Household Income$68,919

About Lyon County, Minnesota

Lyon County in Minnesota has a median household income of $68,919 and median home value of $177,600. With an estimated payback period of 1.6 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.