Typical home: Not worth it

Solar in Minot, ND

With Verendrye Electric Cooperative's electricity at about 11.7¢ per kWh and 1,316 kWh of sun per kW, solar is not worth it for a typical Minot home today: about a 20.8-year payback.

Payback, typical home
20.8 yrsNorth Dakota: 20.3 yrs
25-year net
$4,418after paying $18,750
Sun
1,316kWh per kW per year
Electricity
11.7¢35% below U.S. average

A typical Minot home, by the numbers

UtilityVerendrye Electric Cooperative
Electricity use1,337 kWh a month
Best-value system6.1 kW, about 14 panels, 8,025 kWh a year (50% of use)
Cost$18,750
First-year savings$936
Payback20.8 years
Exported powerAvoided-cost export credit (North Dakota rule)

Cash purchase, no federal credit, 2.1% yearly rate increases. Run it with your own numbers.

Solar production per kW in Minot

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

Show as a table
PeriodValue
Jan56
Feb77
Mar111
Apr142
May152
Jun150
Jul160
Aug151
Sep119
Oct87
Nov58
Dec52

Homes in Minot

Owner-occupied homes
57%
Single-family detached
47%
Median home value
$257k
Median year built
1983
Population
47,791

Census ACS 2020–2024.

Installers working in Minot

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

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

Questions about solar in Minot

Is solar worth it in Minot, ND?

For a typical home in Minot, solar is not worth it at 2026 prices: a 6.1 kW system costs about $18,750 after state incentives, saves about $936 in year one and pays back in about 20.8 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Minot?

About 1,316 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 0% less than the North Dakota average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Minot?

Most homes in Minot are served by Verendrye Electric Cooperative, at about 11.7¢ per kWh on average. Some areas are served by Otter Tail Power, Xcel Energy Minnesota, Montana-Dakota Utilities.

How much do solar panels cost in Minot?

A fair cash price is around $3.00 per watt before incentives, so about $18,750 for a 6.1 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.