Typical home: Not worth it

Solar in Shoreview, MN

With Xcel Energy Minnesota's electricity at about 17.0¢ per kWh and 1,333 kWh of sun per kW, solar is not worth it for a typical Shoreview home today: about a 16.5-year payback.

Payback, typical home
16.5 yrsMinnesota: 16.8 yrs
25-year net
$13,206after paying $19,750
Sun
1,333kWh per kW per year
Electricity
17.0¢5% below U.S. average

A typical Shoreview home, by the numbers

UtilityXcel Energy Minnesota
Electricity use615 kWh a month
Best-value system5 kW, about 12 panels, 6,663 kWh a year (90% of use)
Cost$19,750
First-year savings$1,133
Payback16.5 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 Shoreview

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

Show as a table
PeriodValue
Jan77
Feb97
Mar130
Apr131
May136
Jun144
Jul145
Aug142
Sep115
Oct88
Nov67
Dec61

Homes in Shoreview

Owner-occupied homes
80%
Single-family detached
59%
Median home value
$384k
Median year built
1981
Population
26,714
Roofs suitable for solar†
69%

Census ACS 2020–2024. †Share of 5,886 buildings Google Project Sunroof rated technically suitable (2019 snapshot).

Installers working in Shoreview

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 Shoreview

Is solar worth it in Shoreview, MN?

For a typical home in Shoreview, solar is not worth it at 2026 prices: a 5 kW system costs about $19,750 after state incentives, saves about $1,133 in year one and pays back in about 16.5 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Shoreview?

About 1,333 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 0% more than the Minnesota average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Shoreview?

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

How much do solar panels cost in Shoreview?

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.