Typical home: Not worth it

Solar in Owatonna, MN

With Xcel Energy Minnesota's electricity at about 17.0¢ per kWh and 1,347 kWh of sun per kW, solar is not worth it for a typical Owatonna home today: about a 16.4-year payback.

Payback, typical home
16.4 yrsMinnesota: 16.8 yrs
25-year net
$13,274after paying $19,425
Sun
1,347kWh per kW per year
Electricity
17.0¢5% below U.S. average

A typical Owatonna home, by the numbers

UtilityXcel Energy Minnesota
Electricity use615 kWh a month
Best-value system4.9 kW, about 11 panels, 6,601 kWh a year (89% of use)
Cost$19,425
First-year savings$1,123
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 Owatonna

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

Show as a table
PeriodValue
Jan77
Feb91
Mar114
Apr129
May142
Jun147
Jul159
Aug141
Sep118
Oct98
Nov69
Dec62

Homes in Owatonna

Owner-occupied homes
76%
Single-family detached
70%
Median home value
$245k
Median year built
1978
Population
26,498

Census ACS 2020–2024.

Installers working in Owatonna

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 Owatonna

Is solar worth it in Owatonna, MN?

For a typical home in Owatonna, solar is not worth it at 2026 prices: a 4.9 kW system costs about $19,425 after state incentives, saves about $1,123 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 Owatonna?

About 1,347 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 Owatonna?

Most homes in Owatonna are served by Xcel Energy Minnesota, at about 17.0¢ per kWh on average. Some areas are served by City of Owatonna, Steele-Waseca Cooperative Electric.

How much do solar panels cost in Owatonna?

A fair cash price is around $3.75 per watt before incentives, so about $19,425 for a 4.9 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.