Cost of solar in Bismarck, ND

Electricity Consumption in Bismarck

Electricity Consumption by North Dakota residents averages 1014 kWh per month. It ranks #49 in the nation for savings from installing solar panels on the home.

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Solar power in Bismarck, North Dakota

Montana-Dakota Utilities Company (MDU) offers its Bismarck customers net metering. MDU will pay its solar customers for any excess electricity their solar system generates at the avoided cost rate of electricity. The avoided cost rate is less than the retail rate, however, this is still extra money in your pocket that you can put towards future utility bills.

Bismarck residents can also take advantage of the federal solar tax credit. The tax credit is equal to 30% of the cost of a solar system and is applied to your federal income taxes. In some cases, the credit could wipe out your entire tax bill for a year! The combination of the federal tax credit and MDU’s net metering program can provide you with a great return on investment when installing a solar system in North Dakota. 

Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Bismarck to find out:

 

Estimate your solar savings

 

Solar power in North Dakota

The average cost of installing residential solar panels in Bismarck, North Dakota in 2019 is $3.44 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Bismarck, ND is $17,200. (before claiming 30% tax credit and other rebates)

What does the cost of a real solar system look like?

Facts about installing a 8.86kW solar system in Bismarck, ND

This system would offset 100% of your energy usage if your typical monthly bill is $108, however your situation may vary so try our Bismarck solar calculator to get a result tailored to you.

$19,412

Net cost of system
Cash - after 30% solar tax credit

11 Years 8 Months

Average payback time

12,000
kWh

Annual power production


/kWh

levilized cost of solar energy

19¢
/kWh

If you don't get solar
The forecast average utility price over the next 25 years

Cash flow graph based on cash purchase of this 8.86kW system

Life-time savings on this system over the next 25 years

$29,547

(Prices shown after repayments of capital)

 


Solar calculator and quote comparison tool

Average total cost of solar panel installation in North Dakota

System Size Cash purchase
After 30% solar tax credit
Financed purchase
After 30% solar tax credit
3kw $7,938 $8,573
4kw $10,276 $11,098
5kw $12,460 $13,457
6kw $14,448 $15,604
7kw $16,317 $17,622
8kw $18,032 $19,475
9kw $19,593 $21,160
10kw $21,000 $22,680

 

Design your own solar panel system for your home

Going solar in North Dakota

Check out all of the ways energy providers of North Dakota can help you be more energy efficient and save money.

The following programs are available:
Incentive Name Eligibility Type
Residential Renewable Energy Tax Credit Federal Personal Tax Credit
Net Metering State Net Metering
Renewable Energy System Tax Exemption State Property Tax Incentive
Find your local rebates and incentives

Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.