Solar in Minnetonka, MN
With Xcel Energy Minnesota's electricity at about 17.0¢ per kWh and 1,374 kWh of sun per kW, solar is a close call for a typical Minnetonka home today: about a 16.1-year payback.
- Payback, typical home
- 16.1 yrsMinnesota: 16.8 yrs
- 25-year net
- $13,644after paying $19,100
- Sun
- 1,374kWh per kW per year
- Electricity
- 17.0¢5% below U.S. average
A typical Minnetonka home, by the numbers
| Utility | Xcel Energy Minnesota |
|---|---|
| Electricity use | 615 kWh a month |
| Best-value system | 4.8 kW, about 11 panels, 6,594 kWh a year (89% of use) |
| Cost | $19,100 |
| First-year savings | $1,122 |
| Payback | 16.1 years |
| Exported power | Full retail net metering (Xcel Energy Minnesota) |
Cash purchase, no federal credit, 2.7% yearly rate increases. Run it with your own numbers.
Homes in Minnetonka
- Owner-occupied homes
- 72%
- Single-family detached
- 54%
- Median home value
- $476k
- Median year built
- 1981
- Population
- 53,064
- Roofs suitable for solar†
- 55%
Census ACS 2020–2024. †Share of 8,986 buildings Google Project Sunroof rated technically suitable (2019 snapshot).
Installers working in Minnetonka
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 Minnetonka
Is solar worth it in Minnetonka, MN?
For a typical home in Minnetonka, solar is a close call at 2026 prices: a 4.8 kW system costs about $19,100 after state incentives, saves about $1,122 in year one and pays back in about 16.1 years. Enter your address for an estimate based on your roof and bill.
How much solar power does a system produce in Minnetonka?
About 1,374 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 3% more than the Minnesota average. East- or west-facing roofs produce roughly 10–20% less.
Who is the electric utility in Minnetonka?
Most homes in Minnetonka are served by Xcel Energy Minnesota, at about 17.0¢ per kWh on average.
How much do solar panels cost in Minnetonka?
A fair cash price is around $3.75 per watt before incentives, so about $19,100 for a 4.8 kW system. There's no federal tax credit for homeowners who buy in 2026.
Nearby
- St. Louis Park 16.4 yrs
- Edina 16.4 yrs
- Eden Prairie 16.3 yrs
- Plymouth 16.4 yrs
- Chanhassen 16.2 yrs
- Richfield 16.4 yrs
- Minneapolis 16.5 yrs
- Bloomington 16.5 yrs
- All of Minnesota
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.