Solar power in Lincoln, Nebraska
Lincoln Electric Systems offers net metering to its solar customers. For solar systems up to 25 kilowatts in size, you will receive a credit on your electric bill for excess energy the system produces. This credit is equal to Lincoln Electric Systems’ renewable generation rate, which is less than the full retail rate.
Lincoln residents can also take advantage of Lincoln Electric Systems’s capacity payment. This is a one time, upfront payment for each kilowatt of solar installed up to $1,000. The amount you receive is dependant upon the orientation and type of system. The capacity payment rates are displayed below:
|System Description||Payment per kilowatt installed|
|Predominantly Southern facing||$375.00|
|Predominantly Western facing||$475.00|
|Single or dual-axis tracking solar||$475.00|
So, not only will you get credit for the excess energy your system produces, but you can also get an upfront payment of $1,000 to help reduce installation costs! Combine net metering, Lincoln Electric System’s capacity payment, and the 30% federal tax credit, and you have a recipe for great savings on installing a solar system in Nebraska!
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Lincoln to find out:
- How many solar panels you need to cover your power bill;
- How suitable your house is for solar;
- What incentives your house may be eligible for;
- The cost of solar panel installation in Lincoln and whether you are eligible for zero down solar deals; and
- Your likely payback period and return on investment from installing solar
Estimate your solar savings
The average cost of installing residential solar panels in Lincoln, Nebraska in 2020 is $2.58 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Lincoln, NE is $12,900. (before claiming 26% tax credit and other rebates)
What does the cost of a real solar system look like?
Facts about installing a 5.79kW solar system in Lincoln, NE
This system would offset 100% of your energy usage if your typical monthly bill is $78, however your situation may vary so try our Lincoln solar calculator to get a result tailored to you.
Net cost of system
Cash - after 26% solar tax credit
9 Years 8 Months
Average payback time
Annual power production
levilized cost of solar energy
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 5.79kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Lincoln, NE that provide pricing through the Solar-Estimate marketplace
Average total cost of solar panel installation in Nebraska
|System Size||Cash purchase
After 26% solar tax credit
After 26% solar tax credit
Going solar in Nebraska
Check out all of the ways energy providers of Nebraska can help you be more energy efficient and save money.
The following programs are available:
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.