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

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.

Net Metering

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

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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