Skip to main content
Elovane

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.

Get Your Personalized Solar ROI for Rice County

Enter your specific home details, energy usage, and roof specs to get a precise solar payback analysis with Monte Carlo simulation.

Start Free Analysis

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.