Typical home: Not worth it

Solar in Savage, MN

With Xcel Energy Minnesota's electricity at about 17.0¢ per kWh and 1,325 kWh of sun per kW, solar is not worth it for a typical Savage home today: about a 16.6-year payback.

Payback, typical home
16.6 yrsMinnesota: 16.8 yrs
25-year net
$12,984after paying $19,750
Sun
1,325kWh per kW per year
Electricity
17.0¢5% below U.S. average

A typical Savage home, by the numbers

UtilityXcel Energy Minnesota
Electricity use615 kWh a month
Best-value system5 kW, about 12 panels, 6,623 kWh a year (90% of use)
Cost$19,750
First-year savings$1,127
Payback16.6 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 Savage

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

Show as a table
PeriodValue
Jan76
Feb89
Mar132
Apr128
May132
Jun142
Jul155
Aug137
Sep113
Oct95
Nov67
Dec60

Homes in Savage

Owner-occupied homes
86%
Single-family detached
70%
Median home value
$432k
Median year built
1997
Population
32,889
Roofs suitable for solar†
97%

Census ACS 2020–2024. †Share of 8,804 buildings Google Project Sunroof rated technically suitable (2019 snapshot).

Installers working in Savage

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 Savage

Is solar worth it in Savage, MN?

For a typical home in Savage, solar is not worth it at 2026 prices: a 5 kW system costs about $19,750 after state incentives, saves about $1,127 in year one and pays back in about 16.6 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Savage?

About 1,325 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 1% less than the Minnesota average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Savage?

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

How much do solar panels cost in Savage?

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.