Montana Solar Information

Montana isn’t a bad state for solar. There’s always enough sunshine to cover your basic energy needs or at least to reduce your monthly electricity bill. The 26% Federal Solar Tax Credit as well as some local incentives will make your solar installation even more profitable.

#37

Montana ranks #37 in the USA for savings from installing solar panels
5654.36 kWh

Annual AC energy output of a 4 kW solar system installed in Montana
4.69 kWh

Solar Radiation (kWh / m2 / day)
16 ¢ /kWh

The cost of electricity today in Fergus Electric Coop Inc
33 ¢ /kWh

If you don't go solar. The forecast average utility price over the next 25 years

Montana Solar Facts

$1.55
Average cost of a 4kw solar power system in 2019.
3 years
Average system payback period.
$70,466.91
Average lifetime savings.
6 ¢ /kWh
Levelized cost of solar energy.
5 kW
Recommended system size.

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Solar Power System Cost in Montana
$1.55 per watt

Cash purchased solar system

Before the 26% Federal Solar Tax Credit
$6,956.36 total

Estimated system cost

Before the 26% Federal Solar Tax Credit
3 years

Average system payback period

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.

Tell us how much you are spending on electricity and we’ll calcalute how much you can save if you go solar

kWH

$ per kWH

According to Fergus Electric Coop Inc, we received the cost of kWH in your area and calculated energy consumption based on an average electricity bill for 3 months.

I am claiming the 26% Federal Tax Credit (ends 2022) i

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

4.5 kW medium system size

Provides up to 80% of electricity consumption

$1.55 per watt

Average system cost

13 x 350 watt

solar panels
+
13 x 300 watt

microinverter
+
2 x 3 800 watt

inverter

$119.89/ month

Estimated savings on your average quarterly bill

$6,956.36

Estimated system cost
Excludes 26% Federal Tax Credit.
This price does not include the installation cost.
3 years

Average system payback period
$70,466.91

Estimated utility savings

Example of 4 kW system calculation in Minnesota for electricity bill $100

16 ¢ /kWh

The cost of electricity today in Fergus Electric Coop Inc
33 ¢ /kWh

If you don't get solar. The forecast average utility price over the next 25 years
6 ¢ /kWh

levelized cost of solar energy