Is solar worth it in 68502 (Lincoln, NE)?

With an average payback period of 13.4 years and 25-year savings of $26,050, solar panels in Lincoln, Nebraska can be worthwhile with available incentives.

How much do solar panels cost in 68502?

The average cost of a 6kW residential solar system in Lincoln, Nebraska is $14,000 before incentives. The federal 30% Investment Tax Credit reduces this to about $9,800.

How much solar electricity does 68502 get?

Lincoln receives 5.04 kWh/m²/day of solar irradiance. A 6kW system in zip code 68502 produces approximately 8,830 kWh per year.

Solar Panel ROI in 68502

Lincoln, Nebraska — Is solar worth it here? Here's what the data says.

1.9x ROI Score

13.4 yrs Payback Period

$1,042/yr Annual Savings

$26,050 25-Year Savings

Your savings estimate

$ /mo bill

Annual savings $1,042

Payback 13.4 yrs

25-yr savings $26,050

Solar Calculator for 68502 (Lincoln)

Adjust values to see your personalized solar ROI estimate for Lincoln, Nebraska.

System Size

System Cost

Electricity Rate

$ /kWh

Solar Irradiance

5.04 kWh/m²/day

Based on NREL data for Lincoln, NE

ROI Score 1.9x

Annual Production 8,830 kWh

Annual Savings $1,042

Payback Period 13.4 years

25-Year Savings $26,050

After 30% ITC $9,800

Solar Data for 68502 – Lincoln, NE

Solar Irradiance 5.04 kWh/m²/day +1.6% vs national avg

vs Nebraska Avg +0% State avg: 5.11 kWh/m²/day

Electricity Rate $0.118/kWh Nebraska average rate

Annual Production 8,830 kWh 6kW system estimate

Lincoln receives 5.04 kWh/m²/day (1.6% above national avg). Despite $0.118/kWh electricity, the 13.4-year payback reflects regional challenges. The 30% federal ITC and state programs can significantly improve the ROI.

Solar Incentives for Lincoln, Nebraska

★

Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $14,000 system, that's $4,200 back.

★

Net Metering

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

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Nebraska State Programs

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

68502 vs Nebraska Average

Solar Irradiance

68502: 5.04 NE avg: 5.11

Payback Period

68502: 13.4 yrs NE avg: 13.6 yrs

Annual Savings

68502: $1,042 NE avg: $1,032

25-Year Savings

68502: $26,050 NE avg: $25,800

See the full Nebraska solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

68107 Omaha, NE 1.9x ROI 13.5 yr payback 68104 Omaha, NE 1.9x ROI 13.5 yr payback 68101 Omaha, NE 1.9x ROI 13.5 yr payback 66502 Manhattan, KS 2.4x ROI 10.6 yr payback 66101 Kansas City, KS 2.4x ROI 10.5 yr payback