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Solar Panel ROI in Ramsey County, ND

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

Avg System Cost

$7,732

After Tax Credit (30%)

$5,412

Est. Payback Period

1.9 yrs

25-Year ROI

1186%

Solar Economics in Ramsey County

Investment Breakdown

System Cost (est.)$7,732
Federal Tax Credit (30%)-$2,320

Net Cost$5,412

Annual Savings

Est. Annual Energy Savings$2,785
Median Home Value$193,300

Median Household Income$61,490

About Ramsey County, North Dakota

Ramsey County in North Dakota has a median household income of $61,490 and median home value of $193,300. With an estimated payback period of 1.9 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 North Dakota

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.