Minnesota vs Nevada Solar Comparison
Nevada gets more sun (6.4 hrs/day) while Nevada has the faster payback (7 years).Nevada offers higher 20-year savings at $40,800.
Minnesota
4.0 hrs
10yr payback
$28,800
20yr savings
Nevada
6.4 hrs
7yr payback
$40,800
20yr savings
Side-by-Side Comparison
| Metric | Minnesota | Nevada |
|---|---|---|
| Peak Sun Hours | 4.0 hrs | 6.4 hrs |
| Cost per Watt | $3.15 | $2.70 |
| 6kW System Cost | $18,900 | $16,200 |
| Federal Tax Credit | 30% | 30% |
| State Tax Credit | None | None |
| State Rebate | None | None |
| Net Metering | Full Net Metering | Full Net Metering |
| Electricity Rate | 15.63¢/kWh | 14.92¢/kWh |
| Payback Period | 10 years | 7 years |
| 20-Year Savings | $28,800 | $40,800 |
Verdict
Nevada is the better state for solar ROI with $40,800 in 20-year savings and a 7-year payback period. Nevada has more sun exposure at 6.4 hrs/day, making it ideal for maximum energy production. Both states qualify for the 30% federal solar tax credit.
Frequently Asked Questions
Is solar better in Minnesota or Nevada?
Nevada gets more sun (6.4 peak hours/day vs 4). Nevada has a faster payback (7 years) and Nevada offers higher 20-year savings ($40,800).
How do solar costs compare between Minnesota and Nevada?
A 6kW system costs $18,900 in Minnesota vs $16,200 in Nevada before incentives. Both qualify for the 30% federal tax credit.
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Data verified March 2026 · Source: NREL, DSIRE, EIA