Solar Energy in Sioux Falls, SD: Facts, Statistics, Companies

Solar Energy in Sioux Falls

Solar Rates, Incentives, Plans & Statistics

Going solar in Sioux Falls, SD

In Sioux Falls, an average home needs a 7kW solar system in order cover most of their electricity needs. Given the average residential price-per-watt of $0 in Sioux Falls, a 7kW system can cost around $0 depending on applicable rebates and other factors.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Sioux Falls: $0US Average: $18,172
Average Payback Period The number of years until you break even on the solar investment.
Sioux Falls: 0 yearsUS Average: 11 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Sioux Falls: $27,313US Average: $14,836

Solar Potential in Sioux Falls

Estimated system size and solar electricity production per median viable roof in
Sioux Falls.

Roof size 715sq. ft.
Capacity 10kW DC
Electricity 12kkWh AC per yr.

Go Solar for less than your cell phone bill.

Compare solar panels by system size in Sioux Falls

Get the most value out of your roof by comparing the different benefits a given system size has.

System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $605 a year
Est. Price
$0
Savings from a 3kWthis system
  • Est. yearly production 4,392 kWh
  • Est. monthly savings $50
  • Full payback in 0 years
Environmental Impacts
  • Reduces CO2 emissions by 0.9 tons a year
  • Equivalent to planting 41 trees a year
  • Equivalent to driving 2,222 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $807 a year
Est. Price
$0
Savings from a 4kWthis system
  • Est. yearly production 5,856 kWh
  • Est. monthly savings $67
  • Full payback in 0 years
Environmental Impacts
  • Reduces CO2 emissions by 1.2 tons a year
  • Equivalent to planting 55 trees a year
  • Equivalent to driving 2,963 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,009 a year
Est. Price
$0
Savings from a 5kWthis system
  • Est. yearly production 7,320 kWh
  • Est. monthly savings $84
  • Full payback in 0 years
Environmental Impacts
  • Reduces CO2 emissions by 1.5 tons a year
  • Equivalent to planting 69 trees a year
  • Equivalent to driving 3,703 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,210 a year
Est. Price
$0
Savings from a 6kWthis system
  • Est. yearly production 8,784 kWh
  • Est. monthly savings $101
  • Full payback in 0 years
Environmental Impacts
  • Reduces CO2 emissions by 1.8 tons a year
  • Equivalent to planting 82 trees a year
  • Equivalent to driving 4,444 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,412 a year
Est. Price
$0
Savings from a 7kWthis system
  • Est. yearly production 10,248 kWh
  • Est. monthly savings $114
  • Full payback in 0 years
Environmental Impacts
  • Reduces CO2 emissions by 2.03 tons a year
  • Equivalent to planting 93 trees a year
  • Equivalent to driving 5,023 mi less a year

Sioux Falls solar incentives, tax credit, and rebates

Sioux Falls has 3 rebates and tax credits that you may be eligable for. Visit the official links for more details to see if you apply.

Solar incentives in SD

Large Commercial Wind and Solar Alternative Taxes

Value:Varies

Solar and wind energy facilities in South Dakota that are rated for 5+ MW are taxed on an alternative rate schedule. The schedule applies to all constituent equipment. The annual tax rate currently sits at $3/kW of facility capacity, with an additional charge of less than one cent per kilowatt hour of energy actually produced. Revenue from the alternative schedule will support statewide renewable energy initiatives, with a portion going to the appropriate county government. Additional information is available from the South Dakota Department of Revenue.

Renewable, Recycled and Conserved Energy Objective

Value:Varies

South Dakota first established a sustainable energy objective in 2008. While the policy shares similar objectives to other state RPS laws, it differs in two key areas. Legislators chose to consolidate renewable, conserved, and recycled forms of energy to form a single increasing quota. Further, compliance with the objective is voluntary. Despite mandatory reporting requirements, utilities cannot be penalized for failing to participate or meet annual goals. Objective progress is measured using Renewable Energy Credits (RECs) as well as megawatt-hour certificates for energy savings or recycled energy. Annual reports from each utility detail the RECs and certificates they accumulate. Additional information and copies of these reports are available from the Public Utility Commission.

Renewable Energy Facility Sales and Use Tax Reimbursement

Value:Varies

In South Dakota, sales/use tax investment "refunds" may apply to non-residential renewable energy systems. Corporations may apply the credit to manufacturing facilities that produce renewable energy equipment. Qualifying facilities should be valued at over $20 million; new equipment should be valued at over $2 million. The investment payment can cover real estate, labor, equipment, and compliance costs. Interested taxpayers may apply to the Governor's Office of Economic Development.

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Frequently Asked Questions

  • As a general rule, unless there are local limitations, the main limitations to the amount of solar panels you can put on your roof are the available space on your roof, your electricity usage, your providers net metering rules, and the limitations of your house hold electrical system.
  • Based on our research the average price per installed watt is $0 in Sioux Falls. This means for a 10kW system you can expect to pay $0 though pricing can vary significantly between installers based on the projects requirements.
  • Based on a Zillow research study from 2019, home with solar panels sell for roughly 4.1% more.
  • To generate the most power, solar panels in the United States should face true south as this generally results in the solar panels receiving the most light each day throughout the course of the year. That said, given that energy prices are often variable throughout the day, your installer may recommend you rotate your panels slightly so that the panels will receive more light at the end of the day when energy prices can be more expensive. That said, for most consumers the positioning of solar panels is highly dependent on your home's roof.
  • Based on our continuously updated database of solar installers, we have found 6 verified solar install companies in Sioux Falls

Solar installers in Sioux Falls (6)

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

GRNE Solar

Palatine, IL(312) 859-3417

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Ideal Energy

Fairfield, IA(800) 634-4454

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Engie North America

Houston, TX(713) 636-0000

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
Fernando García
Last Reviewed By: Fernando García
Published: 2023-12-01