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#46 Solar ROI State

Solar Panel ROI in North Dakota (ND)

North Dakota averages 1,300 kWh per installed kW per year. At $11.8¢/kWh average utility rates, a 7 kW system produces a 25-year NPV of $2,248.

$14,112
System Cost (After Credits)
$2,248
25-Year NPV
14 years
Payback Period
$0.160/kWh
Solar LCOE

Solar Cost Breakdown in North Dakota

7 kW system (2.88/W)$20,160
Federal ITC (30%)-$6,048
Net Cost$14,112

Solar Production in North Dakota

North Dakota receives an average of 1,300 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 9,100 kWh in year one, declining by 0.5% annually due to panel degradation.

At North Dakota's average residential rate of $11.8¢/kWh with 4% annual escalation, first-year savings are $1,074. The solar LCOE of $0.160/kWh is -36% below the current utility rate and stays fixed while utility rates continue to climb.

Net Metering in North Dakota

1:1 net metering available for cooperative and investor-owned utilities

Solar FAQ for North Dakota

How much does solar cost in North Dakota?
A typical 7 kW residential solar system in North Dakota costs $20,160 before incentives. After the 30% federal ITC, the net cost drops to $14,112.
What is the solar payback period in North Dakota?
Based on the average ND utility rate of $11.8¢/kWh and local solar irradiance of 1,300 kWh/kW/year, a 7 kW system typically pays for itself in 14 years. The 25-year NPV is $2,248.
Does North Dakota have net metering?
1:1 net metering available for cooperative and investor-owned utilities
What is the LCOE of solar in North Dakota?
The levelized cost of solar energy in North Dakota is approximately $0.160/kWh, compared to the current average utility rate of $11.8¢/kWh. Solar electricity costs -36% 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 North Dakota?
North Dakota receives approximately 1,300 kWh of solar energy per installed kW per year. A 7 kW system produces about 9,100 kWh in its first year, enough to offset 87% of the average U.S. household's electricity consumption.

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Solar ROI in Similar States

Arkansas

NPV: $3,007 · Payback: 14yr
Rate: $11.2¢/kWh · #38 ranked

Nebraska

NPV: $4,129 · Payback: 13yr
Rate: $11.8¢/kWh · #39 ranked

Mississippi

NPV: $5,436 · Payback: 11yr
Rate: $12.2¢/kWh · #40 ranked

Oklahoma

NPV: $4,345 · Payback: 11yr
Rate: $11.2¢/kWh · #41 ranked

Kentucky

NPV: $2,061 · Payback: 14yr
Rate: $11.8¢/kWh · #42 ranked

South Dakota

NPV: $4,943 · Payback: 11yr
Rate: $12.8¢/kWh · #43 ranked

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