Solar Panel ROI in Rice County, MN
Is going solar worth it in Rice County? Here are the numbers.
Avg System Cost
$11,188
After Tax Credit (30%)
$7,832
Est. Payback Period
1.8 yrs
25-Year ROI
1269%
Solar Economics in Rice County
Investment Breakdown
System Cost (est.)$11,188
Federal Tax Credit (30%)-$3,356
Net Cost$7,832
Annual Savings
Est. Annual Energy Savings$4,288
Median Home Value$279,700
Median Household Income$78,214
About Rice County, Minnesota
Rice County in Minnesota has a median household income of $78,214 and median home value of $279,700. With an estimated payback period of 1.8 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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