Solar Panels in Laurel, MT: Cost, Payback & Savings

A typical 8.0 kW home solar system in Laurel costs about $28,800 and pays for itself in about 16.5 years, saving roughly $19,023 over 25 years at Montana's average electricity price of 14.0¢/kWh.

Slow paybackpayback 16.5 years
System size
8.0 kW
20 × 400 W panels
Upfront cost
$28,800
at US median $3.60/W
First-year savings
$1,495
about $125/month
25-year net savings
$19,023
after paying for the system
Production
10,720 kWh/yr
105% of a typical home's use
Peak sun hours
4.7/day
1,340 kWh per kW per year

Monthly solar production in Laurel

Estimated output of a 8.0 kW south-facing roof system. Jul is the strongest month (1,303 kWh); Dec the weakest (444 kWh).

02004006008001,0001,2001,4001,600Jan: 538 kWhJanFeb: 617 kWhFebMar: 925 kWhMarApr: 1,027 kWhAprMay: 1,199 kWhMayJun: 1,242 kWhJunJul: 1,303 kWhJulAug: 1,162 kWhAugSep: 986 kWhSepOct: 768 kWhOctNov: 512 kWhNovDec: 444 kWhDec

Solar production (kWh) Typical home use, 852 kWh/month

Solar payback calculator for Laurel

Pre-filled with Laurel's sunshine and Montana's average electricity price. Enter your own bill and an installer's price per watt to see your payback.

Leave export credit blank where the utility offers full net metering. Where exports earn less, solar used at home as it's produced is worth the full price and the rest earns the export credit.

System
Cost
Year-1 savings
Payback
25-yr net savings

How Laurel compares

Net metering, tax credits and incentives in 2026

Montana offers net metering: power you send to the grid is credited at or near the retail price, so every solar kWh is valued at 14.0¢ here.

There is no federal tax credit for buying home solar installed in 2026. The 30% Residential Clean Energy Credit (Section 25D) ended for systems placed in service after December 31, 2025, so the costs and paybacks on this page include no federal credit.

Montana and local utilities may still offer rebates, performance payments, property-tax or sales-tax exemptions. Search the DSIRE incentives database for Montana and ask installers which programs they apply for you.

Frequently asked questions

Is solar worth it in Laurel, MT?

For a typical home, a solar system pays for itself in about 16.5 years and then keeps saving money. Over 25 years the estimated net savings are $19,023. Verdict: slow payback. Your own payback depends on your roof, your bill and the quotes you get.

How many solar panels do I need in Laurel, MT?

A home using 852 kWh a month (the Montana average) needs about 20 panels of 400 W — a 8.0 kW system — to cover its annual use. Divide your own yearly kWh by 1,340 to get the kW you need.

How much do solar panels cost in Laurel, MT?

At 3.60 dollars per watt, a 8.0 kW system costs about $28,800 before any state or utility incentives. There is no federal tax credit for systems installed in 2026.

How much sun does Laurel get?

Laurel averages 4.7 peak sun hours per day, so each kilowatt of panels produces about 1,340 kWh a year.

Does Montana have net metering?

Yes. Power sent back to the grid is credited at or near the retail price (14.0¢ per kWh on average).

How much does electricity cost in Montana?

Residential electricity in Montana averages 14.0¢ per kWh, and a typical home uses 852 kWh a month (EIA).

Solar payback in nearby places

Solar guides