Solar Panel Savings in Deadwood, SD

Calculate how much you can save with solar panels in Deadwood, South Dakota. Based on 4.8 peak sun hours/day and 11.5¢/kWh average electricity rate.

4.8

Peak Sun Hours/Day

11.5¢

Avg Rate (¢/kWh)

13.8 yr

Payback Period

$33k

25-Year Savings

Deadwood Solar Overview

Population:1,324
Sunny Days/Year:216
Avg Temperature:48°F
Solar Penetration:5.8%
Utility Company:Xcel Energy
Net Metering:Not Available

Calculate Your Deadwood Solar Savings

3 kW15 kW

Deadwood average: $104/mo

South-facing roofs produce the most energy

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

Annual Production

8,410

kWh/year

Annual Savings

$967

per year

Net System Cost

$13,020

after 30% ITC

Payback Period

13.5 yr

break-even time

25-Year Total Savings

$33,031

Monthly Savings

$81

Federal Tax Credit

$5,580

Cumulative Savings vs System Cost

$0k$9k$17k$26k$35kYr 0Yr 5Yr 10Yr 15Yr 20Yr 25System CostBreak-even
Cumulative Savings System Cost

Cost Breakdown

ItemDeadwoodNational Avg
Gross System Cost (6kW)$18,600$17,100
Federal Tax Credit (30%)-$5,580-$5,130
Net System Cost$13,020$11,970
Cost Per Watt$3.10/W$2.85/W

Solar Potential in Deadwood

Sun Hours vs National Average

4.8 hrs
4.5 hrs

Deadwood gets 7% more sun than the national average.

Climate Advantages

  • 216 sunny days per year
  • Average temperature: 48°F — cooler temps actually improve panel efficiency
  • Average roof size: 1,785 sq ft — enough for a 99-panel system

Deadwood Solar Incentives & Programs

Federal Investment Tax Credit (ITC)

30% of total system cost deducted from federal taxes. For a $18,600 system, that's a $5,580 credit. Valid through 2032.

South Dakota State Incentives

Federal 30% ITC; check local utility for additional rebates.

Net Metering — Xcel Energy

Xcel Energy does not currently offer standard net metering in Deadwood. Alternative buyback programs may be available — contact them for details.

Environmental Impact in Deadwood

3.5

Tons CO2 Offset/Year

58

Equivalent Trees Planted

0.8

Homes Worth of Energy

Based on 8,410 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 Deadwood, South Dakota

Deadwood, South Dakota receives an average of 4.8 peak sun hours per day, providing excellent conditions for residential solar installations. With electricity rates averaging 11.5¢ 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 Deadwood produces approximately 8,410 kWh per year, saving homeowners an estimated $967 annually. The system pays for itself in about 13.5 years, after which you enjoy essentially free electricity for the remaining 12+ years of the system's warranty life.

Deadwood has a solar penetration rate of 5.8% — showing growing adoption of residential solar, with significant room for expansion. The cost of living index of 90.1 (national average: 100) reflects a lower cost of living, keeping installation costs competitive.

Other Cities in South Dakota

Frequently Asked Questions

How much do solar panels cost in Deadwood, SD?

The average cost of a 6kW solar panel system in Deadwood is approximately $18,600 before incentives ($3.10/watt). After the 30% federal Investment Tax Credit, the net cost is about $13,020. Federal 30% ITC; check local utility for additional rebates.

How many peak sun hours does Deadwood get?

Deadwood, SD receives an average of 4.8 peak sun hours per day and approximately 216 sunny days per year. This is near the national average, providing good conditions for residential solar panels.

What is the solar payback period in Deadwood?

The average solar payback period in Deadwood is approximately 13.8 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 $33,031.

Does Deadwood have net metering?

Deadwood does not currently have standard net metering. However, Xcel Energy may offer alternative solar buyback programs. Contact them for current rates and policies.

Is solar worth it in Deadwood, SD?

Yes, solar is a solid investment in Deadwood. While the 13.8-year payback is moderate, you'll still save $33,031 over 25 years. The 30% federal tax credit and local incentives help make solar financially attractive.

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