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Best 5 Solar Companies in Lakeville, MN

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Written By Max Peterson|Last Updated: February 05, 2024

With Lakeville's clear skies and below-average rainfall, it's an excellent area for families and businesses looking to harness the extra sunlight. If you reside in one of the area's many old homes, you might question whether your electrical system would accommodate solar panels. However, new innovations and knowledgeable installers can help these homeowners access eco-friendly, clean power. In this guide, we'll showcase Lakeville's best solar companies and offer advice for your company choice, so you can find the right one for your household.

Best High-Efficiency System
4.8
  • Builds custom, high-efficiency solar systems suited to each home
  • Extensive coverage area throughout the country
  • Offers energy storage and EV charger add-ons

Top Lakeville Solar Companies

iSolar Logo

iSolar

4.6/5
Based on 36 customer reviews.

Services Offered

Cleaning And MaintenanceFinancing AssistancePanel InstallationConsultation

Highlights

  • Free quotes
  • Informative resources
  • Clear pricing policy
455 Broadway Ave, St Paul Park, MN 651-565-1140 isolarmn.com
SolarPod Logo

SolarPod

4.5/5
Based on 31 customer reviews.

Services Offered

Off-Grid Solar SystemsPanel InstallationGrid-Tied Solar SystemCleaning And Maintenance

Highlights

  • Clear pricing policy
  • Free quotes
  • Prompt service delivery
2915 133rd St W, Shakopee, MN 763-404-7580 mysolarpod.com
US Solar - United States Solar Corporation Logo

US Solar - United States Solar Corporation

4.4/5
Based on 115 customer reviews.

Services Offered

Community Solar ProjectsPanel Installation

Highlights

  • Informative resources
  • Reliable customer support
  • Clear pricing policy
100 N 6th St #410b, Minneapolis, MN 612-260-2230 us-solar.com
Apadana Solar Technologies Logo

Apadana Solar Technologies

4.4/5
Based on 23 customer reviews.

Services Offered

Community Solar ProjectsPanel InstallationFinancing Assistance

Highlights

  • Prompt service delivery
  • Informative resources
  • Clear pricing policy
3401 Nevada Ave N, New Hope, MN 612-803-9000 apadanasolartech.com

More Local Solar Companies

TruNorth Solar

User Reviews: 4.6/5 

3735 Dunlap St N
Arden Hills, MN 55112

Cedar Creek Energy - Solar Company Minnesota

User Reviews: 4.7/5 

3155 104th Ln NE
Blaine, MN 55449

Solar Connection

User Reviews: 4.5/5 

6254 34th Ave NW a
Rochester, MN 55901

Wolf River Electric Company

User Reviews: 5/5 

101 Isanti Parkway Northeast Suite G
Isanti, MN 55040

Kuntz Electric, Inc.

User Reviews: 4.4/5 

6254 34th Ave NW a
Rochester, MN 55901

Everlight Solar

User Reviews: 3.8/5 

10501 Winnetka Ave N Suite 170
Brooklyn Park, MN 55445

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

Ranking Methodology

Our team has thoroughly vetted dozens of solar companies near Lakeville, with emphasis on the following criteria:

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Facts about Lakeville
Average Max Temp:53°F
Solar Payback Period:11.6 years
Average Daily Sunlight:51%
Homes Powered by Solar:2,313
Average Annual Energy Bill:$1,279
Solar Power per Capita Percentile:48.0%

Expert Tips By

This Old House empowers homeowners with the knowledge and tools they need to tackle various projects and navigate the complexities of homeownership.

Benefits of Solar Energy

Solar energy offers multiple advantages. Here are some highlights.

  • Better energy independence: Solar systems with battery storage operate through power outages and emergencies, and you won't have to depend on the power grid for your safety and well-being.
  • Lowered energy bills: Solar panels allow you to generate your own energy to power your home, reducing your monthly electricity costs. You can eliminate your bills completely if you go off-grid.
  • Reduced carbon footprint: Using clean solar power means you're less dependent on fossil fuels, which emit harmful greenhouse gasses.

What Solar Incentives Are Available to Lakeville Homeowners?

Minnesota homeowners who decide on solar could qualify for special financing, tax credits, rebates and reimbursements. Here are just a few of the local incentive offerings.

Incentive Type: Performance-Based Incentive

Website: xcelenergy.com

Incentive Amount:

Systems 0.5 kW - 25 kW: $0.005/kWh
Medium-sized Systems 25.1-500 kW: $0.0375/kWh
Large Systems (>500kW): Determined through competitive bid

Incentive Type: Sales Tax Incentive

Incentive Amount:

100% exemption

Incentive Type: Property Tax Incentive

Incentive Amount:

Solar: 100% exemption from real property taxes
Wind: 100% exemption from real and personal property taxes

Incentive Type: Sales Tax Incentive

Incentive Amount:

100% of sales tax

Incentive Type: Rebate Program

Website: xcelenergy.com

Incentive Amount:

Refrigerator/Freezer Recycling: $50
Natural Gas Furnace Existing Home: $200-$400
Natural Gas Furnace New Construction: $100-$200
Natural Gas Hot Water Boiler: $100-$400
ECM Furnace: $100
Central AC: $150-$450
Tank Water Heater: $75-$500
Tankless Water Heater: $250
Attic/Wall Insulation: 30% of project cost
Air Sealing: $150-$200
Furnaces: $200-$425
Boilers: $125-$400
ECM Motor Furnace Fan: $125
Programmable Thermostat: $10
Heat Pumps: $175-$475
Water Heating: $100-$250
Clothes Washer: $10
Refrigerator: $15
Ground Source Heat Pump: $150/ton

Incentive Type: Rebate Program

Website: bpu.org

Incentive Amount:

Dishwasher: $35
Clothes Washer: $35
Electric Clothes Dryer: $35
Refrigerator: $35
Freezer: $35
Dehumidifier: $20
Room/Window A/C: $35
High Efficiency Electric Water Heater: $35
Central A/C Tune-Up: $35
Central A/C: $200-$350
Mini Split/Ductless A/C: $250
ECM Replacement Motor: $100
Furnaces: $200-$375
Heat Pump Water Heater: $250
Air Source Heat Pump: $250
Geothermal Heat Pump: $100/ton

Incentive Type: Grant Program

Website: xcelenergy.com

Incentive Amount:

Varies

Incentive Type: Loan Program

Website: connexusenergy.com

Incentive Amount:

$7,500
OR
$20,000

Incentive Type: Rebate Program

Website: energywisemn.com

Incentive Amount:

Varies by measure and member cooperative offering.

Incentive Type: Loan Program

Website: mncee.org

Incentive Amount:

$20,000

Incentive Type: Loan Program

Website: mnhousing.gov

Incentive Amount:

$15,000. Applicants may be eligible for higher loan and term amounts depending on income

Incentive Type: Performance-Based Incentive

Website: mn.gov

Incentive Amount:

1.5¢/kWh
1.0¢/kWh for certain hydro facilities in need of repair

Incentive Type: Rebate Program

Website: dakotaelectric.com

Incentive Amount:

LEDs: up to $2/bulb
LED Yard Light: $30/fixture
Clothes Dryer: $25
Central AC/Heat Pump Tune-Up: $25
Central A/C Installation: $280- $330 depending on SEER rating
Air-Source Heat Pump Installation: $480- $630 depending on SEER rating
Ductless Air-Source Heat Pump: $300 - $500
Geothermal Heat Pump: $400/ton
Electric Thermal Storage Heat: $50/kW
Electric Water Heater: Up to $400
Heat Pump Water Heater: up to $400
Refrigerator: $75
Freezer: $75
Refrigerator/Freezer Recycling: $75
ECM Furnace Motor: $100
Pool Pump Variable Speed Motor: $200
Air-Source Heat Pump Pool Heater: $400
Solar Panel Installation: $0.50/watt of installed solar, not to exceed $4,000
Load Management: Varies

Incentive Type: Personal Tax Credit

Website: ecowatch.com

Incentive Amount:

30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.

How To Choose the Best Solar Company in Lakeville

Choosing a company is the first step toward an effective and cost-efficient solar system. Consider all of these aspects in your contractor search.

Licensing and Training

To install a new photovoltaic system in Minnesota, a contractor must have an electrical contractors' or electricians' license from the Department of Labor and Industry, along with a residential building or remodeling contractors' license in some cases. If their work is regulated by the state's Mechanical Code, they must have a $25,000 minimum bond with the Department of Labor and Industry. You should also visit a company's website to learn about its private certifications. Two of the most recognized are the Solar Heating Installer and PV Installation Professional certificates, granted by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.

Cost of Solar Panels in Lakeville

The kind of solar panels you choose decides how much energy you can generate. Monocrystalline panels cost more but give you the best performance. Polycrystalline panels work with a tried-and-true mechanism and cost less, but produce less power. Thin-film panels aren't the best for large residential installations, but they are excellent accessories for non-traditional roofs.

Additional components, such as electric vehicle (EV) chargers and battery storage, will increase your overall costs. However, they might make your solar system more efficient and convenient to use. Not every solar contractor includes these additional features, so look for a provider that sells them if it's a priority for you.

Generally speaking, it will cost about $20,150 for a five-kilowatt solar array in Lakeville. This table lists more specific pricing information for different solar panel types and system components in your area.

Solar Panel CostAverage Cost
Solar Monocrystalline$1,252
Solar Polycrystalline$976
Thin-Film$571
Solar Battery$801
Solar Home EV Charger$3,004

Financing Solar Energy in Lakeville

Solar providers use multiple different financing options to lower your costs and increase your savings. Though some providers offer unique payment plans, the most common are solar leases, power purchase agreements (PPAs), solar loans and cash payments. Though it involves a large up-front payment, cash is the most affordable choice because it qualifies you for solar incentives and doesn't accrue interest. Solar loans are the next best option. As with a car or home loan, you'll pay a monthly rate towards system ownership, including interest. You can still apply for valuable solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases allow you to rent your panels for a set monthly rate, while PPAs let you pay just for the energy you use, much like an electric bill. Both options disqualify you for solar incentives and don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Ask each installer you're vetting about the payment plans it offers. A consultant can help you determine the optimal option for your pocketbook.

The table below lists the average payback periods for different capacities of solar systems in Lakeville.

The IRS allows you to claim a 26% federal tax credit on your new solar panels, so long as you purchase it before 2032. Local governments and utilities might also offer their own incentives, financing programs, and rebates that could save you more money.

Solar System CapacityEstimated Payback period
1 kW2.3 years
2 kW4.6 years
5 kW11.6 years
10 kW23.1 years

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Frequently Asked Questions About Solar in Lakeville

How much money could I save by going solar in Lakeville?

On average, Lakeville homeowners shell out roughly $1,279 per year for energy. Once you repay your solar array, you could save $965.25 for every kilowatt you produce.

Is solar energy widely available in Lakeville?

Yes, solar energy is readily available in Lakeville. A growing number of local homes are already using solar power on-site or through utility grids, and Minnesota has about 4335 jobs forming its solar economy.

Will solar energy systems increase my Lakeville home price?

Yes, solar energy systems will boost your property value. According to the National Renewable Energy Laboratory (NREL), for every dollar you reduce on energy bills, your home value rises by $20. So, if your panels save you $600 per year on energy costs, your property could appreciate $12,000.

Could I still use solar power if I live in a wooded, rainy, or dark area?

A solar system could still work in cloudy conditions. Your provider will position your panels to capture the most sunlight possible. They might also recommend a backup battery to keep your system performing at its best.

What can I do to assess my home's solar potential?

One common way to calculate your home's solar viability is by using PVWatts. This free, powerful tool considers system size, local weather and topography, panel efficiency, and tree cover to determine how much power your array could generate. However, it's not a substitute for consulting with a solar energy professional, who can build a full estimate with the most updated data.

How long is a Lakeville solar panel's average lifespan?

Today's solar installations are impressively durable, lasting up to 25 years. Monocrystalline panels and other high-end models tend to last longer than less expensive models.

What are the signs I shouldn't use a particular solar company for my job?

While many online reviews are positive, even the top solar companies might have critical feedback. You should know these early warning signs for the best chances of a well-done job:
  • Aggressive sales pitch
  • Being evasive about warranties, credentials and training, cost and references
  • Limited or no customization
  • Not thoroughly inspecting your site
  • Limited customer feedback

What's the difference between a PPA and traditional financing?

The main differences between a PPA and traditional financing are that you pay a fluctuating monthly rate based on your energy usage and don't own your system. Your solar company installs and maintains the panels, and you pay for the generated electricity for 10–25 years. Afterward, you can continue the contract or purchase the system outright.

You might consider a PPA if you don’t want to be responsible for maintenance and don’t want to invest in a system, but keep in mind you won’t be paying toward ownership or be able to access any solar financial incentives. Many solar experts don’t recommend PPAs. Our guide covers other payment options above.

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

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