Solar Panel ROI in 58101

Fargo, North Dakota — Is solar worth it here? Here's what the data says.

1.6x ROI Score
15.8 yrs Payback Period
$910/yr Annual Savings
$22,750 25-Year Savings

Your savings estimate

$ /mo bill
Annual savings $910
·
Payback 15.8 yrs
·
25-yr savings $22,750

Solar Calculator for 58101 (Fargo)

Adjust values to see your personalized solar ROI estimate for Fargo, North Dakota.

kW
$
$ /kWh
4.72 kWh/m²/day
Based on NREL data for Fargo, ND
ROI Score 1.6x
Annual Production 8,269 kWh
Annual Savings $910
Payback Period 15.8 years
25-Year Savings $22,750
After 30% ITC $10,080

Solar Data for 58101 – Fargo, ND

Solar Irradiance 4.72 kWh/m²/day -4.8% vs national avg
vs North Dakota Avg +0% State avg: 4.77 kWh/m²/day
Electricity Rate $0.110/kWh North Dakota average rate
Annual Production 8,269 kWh 6kW system estimate

Fargo receives 4.72 kWh/m²/day (4.8% below national avg). Despite $0.110/kWh electricity, the 15.8-year payback reflects regional challenges. The 30% federal ITC and state programs can significantly improve the ROI.

Solar Incentives for Fargo, North Dakota

Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $14,400 system, that's $4,320 back.

Net Metering

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

North Dakota State Programs

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

58101 vs North Dakota Average

Solar Irradiance
58101: 4.72 ND avg: 4.77
Payback Period
58101: 15.8 yrs ND avg: 15.9 yrs
Annual Savings
58101: $910 ND avg: $908
25-Year Savings
58101: $22,750 ND avg: $22,700

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

Nearby Zip Codes — Solar Comparison

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