Innovative Power Systems
Solar made simple.
612-623-3246
Basic Home Electric
1.5 kW = 7 PV Modules
Estimated Costs
Installed cost: $18K - $20K
After federal tax credit: $12K - $13K
Space required: about 100 square feet.
Most Popular Home Electric
3.0 kW = 14 PV Modules
Estimated Costs
Installed cost: $30K - $33K
After federal tax credit: $21K - $23K
Space required: about 200 square feet.
Business Solar Electric Systems
Most business solar electric systems are eligible for a federal tax credit equal to 30% of the installed cost after rebates, as well as accelerated depreciation.
Wind Electric
Estimated Costs
10 kW Bergey $60K - $70K
20 kW Jacobs $90K - $100K
Space required: about one acre of land.
Towers are usually between 80 and 120 feet tall.
Prices vary according to tower height and style.
Beginning Jan 1, 2009
$4,000 Federal Tax Credit for Wind
There are no Minnesota state rebates for wind electric systems.
Basic Hot Water
2 Heating panels
Estimated Costs
Installed cost: $10K - $11K
After federal tax credit: $8K - $9K
NEW as of July 3, 2008
After Minnesota State Solar Hot Water Rebate:
Save up to an additional $2,000
Space required: about 64 square feet.
Basic Hot Water and Space Heating
6 Heating panels
Estimated Costs
Installed cost: $24K - $26K
After federal tax credit: $22K - $24K
Space required: about 240 square feet.
Business Solar Hot Water Systems
Most business solar hot water systems are eligible for a federal tax credit equal to 30% of the installed cost as well as accelerated depreciation.
Many business solar hot water systems are also eligible for the Minnesota State Solar Hot Water Rebate. See below.
Rebates for Solar Hot Water Systems
NEW as of July 3, 2008
Minnesota State Solar Hot Water Rebate
Multi-Family Unit Property Owners
Save up to an additional 25% off your system cost.
Residential Customers
Save up to an additional $2,000 off your system cost.
Important Note:
There are no Minnesota state rebates for home or business solar space heating systems at this time.
These are examples of popular system sizes. There is no limit to the system size you can have on your home or business.
All pricing and return on investment figures on this web site are estimates.
Due to the constantly changing cost and availability of materials required to install solar heating and solar electric systems, IPS Solar & Wind reserves the right to change it's pricing and return on investment estimates at any time, without prior notice.
"OK, I'm ready for the next step."
How much does it cost?
Wow. That's Big.
Our most popular page.
