Solar Panel ROI in 57101

Sioux Falls, South Dakota — Is solar worth it here? Here's what the data says.

1.8x ROI Score
13.7 yrs Payback Period
$1,036/yr Annual Savings
$25,900 25-Year Savings

Your savings estimate

$ /mo bill
Annual savings $1,036
·
Payback 13.7 yrs
·
25-yr savings $25,900

Solar Calculator for 57101 (Sioux Falls)

Adjust values to see your personalized solar ROI estimate for Sioux Falls, South Dakota.

kW
$
$ /kWh
4.93 kWh/m²/day
Based on NREL data for Sioux Falls, SD
ROI Score 1.8x
Annual Production 8,637 kWh
Annual Savings $1,036
Payback Period 13.7 years
25-Year Savings $25,900
After 30% ITC $9,940

Solar Data for 57101 – Sioux Falls, SD

Solar Irradiance 4.93 kWh/m²/day -0.6% vs national avg
vs South Dakota Avg +1% State avg: 4.97 kWh/m²/day
Electricity Rate $0.120/kWh South Dakota average rate
Annual Production 8,637 kWh 6kW system estimate

Sioux Falls receives 4.93 kWh/m²/day (0.6% below national avg). Despite $0.120/kWh electricity, the 13.7-year payback reflects regional challenges. The 30% federal ITC and state programs can significantly improve the ROI.

Solar Incentives for Sioux Falls, South Dakota

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Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $14,200 system, that's $4,260 back.

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Net Metering

Most South Dakota utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

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South Dakota State Programs

Check with the South Dakota energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in Sioux Falls.

57101 vs South Dakota Average

Solar Irradiance
57101: 4.93 SD avg: 4.97
Payback Period
57101: 13.7 yrs SD avg: 13.9 yrs
Annual Savings
57101: $1,036 SD avg: $1,018
25-Year Savings
57101: $25,900 SD avg: $25,450

See the full South Dakota solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

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