Typical home: Not worth it

Solar in Edina, MN

With Xcel Energy Minnesota's electricity at about 17.0¢ per kWh and 1,342 kWh of sun per kW, solar is not worth it for a typical Edina home today: about a 16.4-year payback.

Payback, typical home
16.4 yrsMinnesota: 16.8 yrs
25-year net
$13,463after paying $19,750
Sun
1,342kWh per kW per year
Electricity
17.0¢5% below U.S. average

A typical Edina home, by the numbers

UtilityXcel Energy Minnesota
Electricity use615 kWh a month
Best-value system5 kW, about 12 panels, 6,709 kWh a year (91% of use)
Cost$19,750
First-year savings$1,141
Payback16.4 years
Exported powerFull retail net metering (Xcel Energy Minnesota)

Cash purchase, no federal credit, 2.7% yearly rate increases. Run it with your own numbers.

Solar production per kW in Edina

kWh per kW each month, south-facing at 20° tilt. PVWatts v8 with local typical-year weather.

Show as a table
PeriodValue
Jan79
Feb91
Mar132
Apr130
May138
Jun144
Jul153
Aug138
Sep118
Oct91
Nov66
Dec63

Homes in Edina

Owner-occupied homes
72%
Single-family detached
54%
Median home value
$646k
Median year built
1971
Population
53,262
Roofs suitable for solar†
65%

Census ACS 2020–2024. †Share of 9,433 buildings Google Project Sunroof rated technically suitable (2019 snapshot).

Older housing stock. Many homes here were built before 1975. Have the roof and electrical panel checked before signing; a roof or panel upgrade can add thousands. Roof first?

Installers working in Edina

Public installation records for Minnesota don't name installers, so we can't rank local companies here. Browse installers in Minnesota.

Always verify the license and get at least three quotes. Compare quotes side by side.

Questions about solar in Edina

Is solar worth it in Edina, MN?

For a typical home in Edina, solar is not worth it at 2026 prices: a 5 kW system costs about $19,750 after state incentives, saves about $1,141 in year one and pays back in about 16.4 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Edina?

About 1,342 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 1% more than the Minnesota average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Edina?

Most homes in Edina are served by Xcel Energy Minnesota, at about 17.0¢ per kWh on average.

How much do solar panels cost in Edina?

A fair cash price is around $3.75 per watt before incentives, so about $19,750 for a 5 kW system. There's no federal tax credit for homeowners who buy in 2026.

Nearby

Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.