Solar Panel Savings in Andover, MN

Calculate how much you can save with solar panels in Andover, Minnesota. Based on 4.1 peak sun hours/day and 11.7¢/kWh average electricity rate.

4.1

Peak Sun Hours/Day

11.7¢

Avg Rate (¢/kWh)

16.9 yr

Payback Period

$29k

25-Year Savings

Andover Solar Overview

Population:35,413
Sunny Days/Year:200
Avg Temperature:39°F
Solar Penetration:1.5%
Utility Company:Xcel Energy
Net Metering:Available

Calculate Your Andover Solar Savings

3 kW15 kW

Andover average: $106/mo

South-facing roofs produce the most energy

Add $8,000-$12,000 for whole-home battery backup

Annual Production

7,183

kWh/year

Annual Savings

$843

per year

Net System Cost

$13,902

after 30% ITC

Payback Period

16.5 yr

break-even time

25-Year Total Savings

$28,795

Monthly Savings

$70

Federal Tax Credit

$5,958

Cumulative Savings vs System Cost

$0k$8k$15k$23k$30kYr 0Yr 5Yr 10Yr 15Yr 20Yr 25System CostBreak-even
Cumulative Savings System Cost

Cost Breakdown

ItemAndoverNational Avg
Gross System Cost (6kW)$19,860$17,100
Federal Tax Credit (30%)-$5,958-$5,130
Net System Cost$13,902$11,970
Cost Per Watt$3.31/W$2.85/W

Solar Potential in Andover

Sun Hours vs National Average

4.1 hrs
4.5 hrs

Andover gets 9% less sun than the national average, but high-efficiency panels compensate.

Climate Advantages

  • 200 sunny days per year
  • Average temperature: 39°F — cooler temps actually improve panel efficiency
  • Average roof size: 1,799 sq ft — enough for a 99-panel system

Andover Solar Incentives & Programs

Federal Investment Tax Credit (ITC)

30% of total system cost deducted from federal taxes. For a $19,860 system, that's a $5,958 credit. Valid through 2032.

Minnesota State Incentives

Xcel Solar*Rewards; Made in Minnesota incentive.

Net Metering — Xcel Energy

Xcel Energy offers net metering in Andover. Earn credits for excess solar energy sent to the grid, reducing your electric bill further.

Environmental Impact in Andover

3.0

Tons CO2 Offset/Year

49

Equivalent Trees Planted

0.7

Homes Worth of Energy

Based on 7,183 kWh annual production with a 6kW system. EPA average: 0.417 metric tons CO2 per MWh, 10,632 kWh per US home.

Solar Energy in Andover, Minnesota

Andover, Minnesota receives an average of 4.1 peak sun hours per day, offering adequate solar resources for homeowners looking to reduce their electricity bills. With electricity rates averaging 11.7¢ per kWh from Xcel Energy, below the national average, but with rates rising 2-3% annually, the long-term savings are still meaningful.

A typical 6kW solar system in Andover produces approximately 7,183 kWh per year, saving homeowners an estimated $843 annually. The system pays for itself in about 16.5 years, after which you enjoy essentially free electricity for the remaining 9+ years of the system's warranty life.

Andover has a solar penetration rate of 1.5% — indicating early-stage solar adoption with tremendous growth potential as prices continue to fall. The cost of living index of 90.5 (national average: 100) reflects a lower cost of living, keeping installation costs competitive.

Other Cities in Minnesota

Frequently Asked Questions

How much do solar panels cost in Andover, MN?

The average cost of a 6kW solar panel system in Andover is approximately $19,860 before incentives ($3.31/watt). After the 30% federal Investment Tax Credit, the net cost is about $13,902. Xcel Solar*Rewards; Made in Minnesota incentive.

How many peak sun hours does Andover get?

Andover, MN receives an average of 4.1 peak sun hours per day and approximately 200 sunny days per year. This is near the national average, providing good conditions for residential solar panels.

What is the solar payback period in Andover?

The average solar payback period in Andover is approximately 16.9 years. After payback, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty. Over 25 years, total savings can reach $28,795.

Does Andover have net metering?

Yes, Andover has access to net metering through Xcel Energy. This allows you to earn credits for excess solar energy sent to the grid, significantly improving your solar investment returns.

Is solar worth it in Andover, MN?

Solar can still be worthwhile in Andover, especially with rising electricity rates. The 16.9-year payback means long-term savings of $28,795 over the system lifetime. The 30% federal tax credit and local incentives help make solar financially attractive.

Related Calculators