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#39 Solar ROI State

Solar Panel ROI in Nebraska (NE)

Nebraska averages 1,400 kWh per installed kW per year. At $11.8¢/kWh average utility rates, a 7 kW system produces a 25-year NPV of $4,129.

$13,818
System Cost (After Credits)
$4,129
25-Year NPV
13 years
Payback Period
$0.145/kWh
Solar LCOE

Solar Cost Breakdown in Nebraska

7 kW system (2.82/W)$19,740
Federal ITC (30%)-$5,922
Net Cost$13,818

Solar Production in Nebraska

Nebraska receives an average of 1,400 kWh of solar energy per installed kW per year, based on NREL PVWatts data for a south-facing system at 20° tilt. A 7 kW system produces approximately 9,800 kWh in year one, declining by 0.5% annually due to panel degradation.

At Nebraska's average residential rate of $11.8¢/kWh with 4% annual escalation, first-year savings are $1,156. The solar LCOE of $0.145/kWh is -23% below the current utility rate and stays fixed while utility rates continue to climb.

Net Metering in Nebraska

Varies by public power district — most offer net metering for small systems

Solar FAQ for Nebraska

How much does solar cost in Nebraska?
A typical 7 kW residential solar system in Nebraska costs $19,740 before incentives. After the 30% federal ITC, the net cost drops to $13,818.
What is the solar payback period in Nebraska?
Based on the average NE utility rate of $11.8¢/kWh and local solar irradiance of 1,400 kWh/kW/year, a 7 kW system typically pays for itself in 13 years. The 25-year NPV is $4,129.
Does Nebraska have net metering?
Varies by public power district — most offer net metering for small systems
What is the LCOE of solar in Nebraska?
The levelized cost of solar energy in Nebraska is approximately $0.145/kWh, compared to the current average utility rate of $11.8¢/kWh. Solar electricity costs -23% less than grid electricity at today's rates, and the gap widens as utility rates rise.
How much electricity does a solar panel produce in Nebraska?
Nebraska receives approximately 1,400 kWh of solar energy per installed kW per year. A 7 kW system produces about 9,800 kWh in its first year, enough to offset 93% of the average U.S. household's electricity consumption.

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Solar ROI in Similar States

Virginia

NPV: $5,193 · Payback: 11yr
Rate: $13.2¢/kWh · #31 ranked

Alabama

NPV: $7,801 · Payback: 10yr
Rate: $13.5¢/kWh · #32 ranked

Louisiana

NPV: $4,402 · Payback: 11yr
Rate: $11.8¢/kWh · #33 ranked

Wisconsin

NPV: $5,029 · Payback: 11yr
Rate: $15.2¢/kWh · #33 ranked

Missouri

NPV: $3,503 · Payback: 13yr
Rate: $12.2¢/kWh · #34 ranked

Indiana

NPV: $4,436 · Payback: 13yr
Rate: $14.2¢/kWh · #35 ranked

Get Your Nebraska Solar Analysis

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