Best 4 Solar Companies in Rochester, MN

How To Choose the Best Solar Company in Rochester

Choosing a company is the first step toward an effective and valuable solar energy system. Here are some important factors to keep in mind while shopping for a solar specialist.

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 put up a $25,000 minimum bond with the Department of Labor and Industry. Look for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar sector's most respected trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Rochester

The type of solar panels you choose dictates how much electricity you can generate. Monocrystalline panels and high-quality and cost more but give you the best performance. Polycrystalline panels produce less power, but they're worth it if you want a traditional panel style without the high cost. Thin-film panels aren't the best for large residential installations, but they are excellent accessories for non-traditional roofs.

If you'd like to charge an electric car or use your solar power in inclement weather, you can pay extra for add-ons. By selecting the right components, you can make your panel array more efficient and user-friendly. Not every solar contractor provides these add-ons, so look for a contractor that installs them if it's a priority for you.

If you're a resident of Rochester and are considering getting a five-kilowatt solar energy system, you could plan to spend about $20,150 for parts and installation. See more information on specific component and solar panel costs in the table.

Financing Solar Energy in Rochester

Choosing the best financing plan will influence your overall solar system cost and possible savings. Common payment options include cash payments, loans, power purchase agreements, and leases. We advise making a cash payment or using a solar loan for the best return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also own your system and can apply for solar panel incentives to minimize your total costs. Solar loans are another solid option if you don’t want to make a big initial investment. You can pay for your system in monthly installments while still enjoying energy bill savings and solar incentives. However, you’ll spend more in total due to accruing interest. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) lets you pay a monthly rate determined by the energy you use, akin to an electric bill. We generally don’t recommend these two choices because you won't own the system and cannot use solar incentives. Look for companies that offer several payment plans to find the right fit for your budget.

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

You are eligible for a 26% federal solar tax credit for new solar energy equipment until the year 2032. City and state officials and utility companies might also offer rebates, discounts, and dedicated financing plans that could save you more.