Montana Solar Information
-
#37Montana ranks #37 in the USA for savings from installing solar panels
-
5654.36 kWhAnnual AC energy output of a 4 kW solar system installed in Montana
-
4.69 kWhSolar Radiation (kWh / m2 / day)
-
16 ¢ /kWhThe cost of electricity today in Fergus Electric Coop Inc
-
33 ¢ /kWhIf you don't go solar. The forecast average utility price over the next 25 years
Montana Solar Facts
-
$1.98Average cost of a 4kw solar power system in 2019.
-
7 yearsAverage system payback period.
-
$65,766.85Average lifetime savings.
-
8 ¢ /kWhLevelized cost of solar energy.
-
7 kWRecommended system size.
- Solar Power System Cost in Montana
-
$1.98 per watt
-
$12,831.44 total
-
7 years
Montana's solar-generated electricity was exclusively small-scale residential and business solar installations until 2017, when the state's first utility-scale solar power facilities came online. By late 2019, Montana had six utility-scale solar power farms with a combined generating capacity of 17 megawatts. Montana has a government program to provide technical, planning, and financial assistance for developing community solar projects.
When you install a solar system, 26% of your project expenses apply toward a credit to offset any taxes you owe that year. This federal tax credit is a major incentive to go solar, but it is going to be phased out by 2024.
To be eligible to claim this credit, you must owe federal taxes.
System size
- Mini
- Small
- Medium
- Large
-
18 x 370 wattsolar panels - +
-
18 x 300 wattmicroinverter - +
-
2 x 3 800 wattinverter
-
$12,831.44Estimated system cost
Excludes 26% Federal Tax Credit.
This price does not include the installation cost. -
7 yearsAverage system payback period
-
$65,766.85Estimated utility savings
Example of 4 kW system calculation in Minnesota for electricity bill $100
-
16 ¢ /kWhThe cost of electricity today in Fergus Electric Coop Inc
-
33 ¢ /kWhIf you don't get solar. The forecast average utility price over the next 25 years
-
8 ¢ /kWhlevelized cost of solar energy