Solar panels

How long do solar panels take to pay for themselves?

Pick your state for a 2026 estimate built from local electricity rates and actual solar resource — then adjust the numbers to match your own bill.

Choose your state

Ranked by how quickly a typical system pays for itself.

Maine29.68¢
Pays back in7 yr 4 mo
25-yr gain$47,428
Massachusetts30.15¢
Pays back in7 yr 8 mo
25-yr gain$49,033
New York29.22¢
Pays back in7 yr 9 mo
25-yr gain$47,481
Rhode Island29.48¢
Pays back in7 yr 9 mo
25-yr gain$47,444
New Hampshire26.8¢
Pays back in8 yr 3 mo
25-yr gain$45,942
New Jersey23.28¢
Pays back in8 yr 11 mo
25-yr gain$41,240
District of Columbia24.57¢
Pays back in9 yr
25-yr gain$41,887
Hawaii44.61¢
Pays back in9 yr 4 mo
25-yr gain$27,798
Pennsylvania20.75¢
Pays back in9 yr 5 mo
25-yr gain$44,184
Maryland21.16¢
Pays back in9 yr 5 mo
25-yr gain$51,221
Colorado16.53¢
Pays back in9 yr 9 mo
25-yr gain$28,529
Vermont23.9¢
Pays back in9 yr 11 mo
25-yr gain$34,786
Florida15.43¢
Pays back in10 yr 2 mo
25-yr gain$42,683
New Mexico14.75¢
Pays back in10 yr 2 mo
25-yr gain$24,152
Virginia16.58¢
Pays back in10 yr 7 mo
25-yr gain$41,800
South Carolina16.16¢
Pays back in10 yr 7 mo
25-yr gain$41,296
Ohio18.4¢
Pays back in10 yr 8 mo
25-yr gain$37,719
Illinois19.06¢
Pays back in10 yr 9 mo
25-yr gain$31,963
California32.83¢
Pays back in10 yr 9 mo
25-yr gain$20,352
Wisconsin18.87¢
Pays back in10 yr 9 mo
25-yr gain$29,326
Delaware17.45¢
Pays back in11 yr
25-yr gain$37,859
Montana13.56¢
Pays back in12 yr 7 mo
25-yr gain$24,738
Minnesota15.67¢
Pays back in12 yr 7 mo
25-yr gain$23,866
West Virginia15.41¢
Pays back in12 yr 10 mo
25-yr gain$33,262
Iowa13.31¢
Pays back in13 yr 4 mo
25-yr gain$22,414
Connecticut29.78¢
Pays back in13 yr 6 mo
25-yr gain$21,590
Nebraska12.59¢
Pays back in13 yr 6 mo
25-yr gain$24,098
Missouri12.83¢
Pays back in13 yr 6 mo
25-yr gain$25,651
Arizona15.55¢
Pays back in13 yr 6 mo
25-yr gain$20,974
Arkansas13.28¢
Pays back in13 yr 7 mo
25-yr gain$27,672
Oregon15.14¢
Pays back in13 yr 9 mo
25-yr gain$26,126
Nevada14.04¢
Pays back in14 yr 5 mo
25-yr gain$15,942
North Dakota11.92¢
Pays back in15 yr 1 mo
25-yr gain$21,548
Washington14.27¢
Pays back in15 yr 2 mo
25-yr gain$23,708
Utah13.12¢
Pays back in16 yr 1 mo
25-yr gain$10,930
Texas16.15¢
Pays back in16 yr 1 mo
25-yr gain$17,566
Wyoming13.66¢
Pays back in16 yr 3 mo
25-yr gain$12,219
Kansas15.05¢
Pays back in16 yr 5 mo
25-yr gain$12,952
Michigan20.72¢
Pays back in16 yr 8 mo
25-yr gain$10,934
Alabama16.62¢
Pays back in17 yr 2 mo
25-yr gain$16,498
Idaho12.52¢
Pays back in17 yr 3 mo
25-yr gain$11,401
Indiana17.03¢
Pays back in17 yr 4 mo
25-yr gain$12,985
Oklahoma13.1¢
Pays back in17 yr 4 mo
25-yr gain$13,138
North Carolina14.93¢
Pays back in17 yr 4 mo
25-yr gain$13,378
Mississippi15.47¢
Pays back in17 yr 6 mo
25-yr gain$15,382
South Dakota14.15¢
Pays back in17 yr 8 mo
25-yr gain$12,190
Georgia14.9¢
Pays back in17 yr 9 mo
25-yr gain$13,516
Louisiana13.52¢
Pays back in18 yr 1 mo
25-yr gain$13,639
Tennessee13.87¢
Pays back in18 yr 8 mo
25-yr gain$12,195
Kentucky14.39¢
Pays back in18 yr 10 mo
25-yr gain$10,999
Alaska26.68¢
Pays back in20 yr 11 mo
25-yr gain$6,254

Most people assume sunshine is the deciding factor. It isn't — your electricity price is. Solar earns its money by replacing power you would otherwise buy, so the more expensive that power, the faster the system pays off. That is why cloudy, expensive states routinely beat sunny, cheap ones.

The second factor is what your utility pays for exported power. Full retail net metering makes the grid behave like a free battery. Where exports earn well below retail, the value shifts sharply toward using your own production as it is generated.

Data vintage: Electricity: EIA Electric Power Monthly Table 5.6.B (residential, May 2026 YTD). Solar resource: PVGIS v5.3 (EU JRC), ERA5 2005-2023. Gasoline: AAA state averages. Natural gas: EIA residential by state. Heating degree days: NOAA CPC population-weighted normals. Residential consumption: EIA Electric Sales, Revenue, and Average Price Table 5.A, average monthly kWh per residential customer, 2024. Vehicle miles: FHWA Highway Statistics 2023. Retrieved 2026-08-03/04 and 2026-08-21. Install costs, net-metering status, time-of-use spreads and outage hours remain estimates.