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Solar Panel ROI in Hyde County, SD

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

Avg System Cost

$3,892

After Tax Credit (30%)

$2,724

Est. Payback Period

0.8 yrs

25-Year ROI

2952%

Solar Economics in Hyde County

Investment Breakdown

System Cost (est.)$3,892
Federal Tax Credit (30%)-$1,168

Net Cost$2,724

Annual Savings

Est. Annual Energy Savings$3,326
Median Home Value$97,300

Median Household Income$69,712

About Hyde County, South Dakota

Hyde County in South Dakota has a median household income of $69,712 and median home value of $97,300. With an estimated payback period of 0.8 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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Other Counties in South 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.