Solar Payback Period by State

Compare solar panel payback periods, costs, and ROI for all 50 states — updated for 2026

National Average
15.7 yrs
Fastest Payback
11.8 yrs
Louisiana
States Covered
51

Calculate your exact payback period

Use our free ROI calculator with your specific numbers

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How We Calculate Payback Periods

All payback estimates use a standard 7kW residential system with:

  • System efficiency factor of 77% (inverter + wiring + soiling losses)
  • State-averaged cost per watt from local installer data
  • State-averaged utility rates from EIA data
  • Peak sun hours based on NREL solar resource data
  • No incentives applied (actual payback may be faster with state/local rebates)

Your actual payback may vary based on roof orientation, shading, local installer pricing, and available incentives. Use our ROI Calculator for a personalized estimate.

All 50 States — Ranked by Payback Period

Rank State Payback Cost Savings/yr Sun hrs 25yr ROI
1 Louisiana 11.8 yrs $18,200 $1,537 5.5 111%
2 South Dakota 13.5 yrs $19,600 $1,452 4.1 85%
3 West Virginia 13.7 yrs $19,600 $1,433 4.7 83%
4 Minnesota 13.8 yrs $21,700 $1,574 4 81%
5 Kentucky 13.9 yrs $18,900 $1,359 4.7 80%
6 Missouri 13.9 yrs $18,900 $1,357 4.6 80%
7 Texas 13.9 yrs $20,300 $1,455 5.4 79%
8 Arkansas 14 yrs $18,200 $1,298 5 78%
9 Idaho 14 yrs $20,300 $1,452 4.1 79%
10 Indiana 14 yrs $19,600 $1,399 4.5 78%
11 Wisconsin 14.1 yrs $21,000 $1,487 4.2 77%
12 Kansas 14.2 yrs $18,900 $1,330 4.6 76%
13 Arizona 14.3 yrs $18,900 $1,320 5.2 75%
14 Alabama 14.4 yrs $18,900 $1,309 5.2 73%
15 Michigan 14.4 yrs $21,000 $1,455 4.3 73%
16 Ohio 14.5 yrs $20,300 $1,399 4.5 72%
17 Mississippi 14.6 yrs $18,200 $1,243 5.4 71%
18 Nebraska 14.6 yrs $19,600 $1,342 4.4 71%
19 North Dakota 14.6 yrs $19,600 $1,346 3.8 72%
20 South Carolina 14.7 yrs $19,600 $1,334 5.1 70%
21 Iowa 15 yrs $20,300 $1,354 4.3 67%
22 Oklahoma 15 yrs $18,200 $1,210 5 66%
23 Wyoming 15 yrs $20,300 $1,354 4.3 67%
24 Vermont 15.1 yrs $23,100 $1,535 4 66%
25 Tennessee 15.3 yrs $18,900 $1,234 4.9 63%
26 Utah 15.4 yrs $19,600 $1,272 4.4 62%
27 Nevada 15.6 yrs $19,600 $1,253 4.9 60%
28 Georgia 15.7 yrs $20,300 $1,294 5.1 59%
29 Maine 15.9 yrs $23,100 $1,452 4.1 57%
30 Washington 15.9 yrs $21,700 $1,368 3.7 58%
31 Illinois 16 yrs $21,700 $1,354 4.3 56%
32 New Hampshire 16 yrs $23,800 $1,487 4.2 56%
33 Pennsylvania 16 yrs $22,400 $1,399 4.5 56%
34 Delaware 16.1 yrs $22,400 $1,390 4.5 55%
35 North Carolina 16.1 yrs $19,600 $1,215 4.9 55%
36 Virginia 16.3 yrs $21,700 $1,332 4.7 53%
37 Colorado 16.4 yrs $22,400 $1,363 4.5 52%
38 Florida 16.4 yrs $19,600 $1,196 5.8 53%
39 Oregon 16.6 yrs $21,700 $1,306 4 50%
40 New Mexico 16.8 yrs $20,300 $1,210 5 49%
41 Maryland 17 yrs $23,100 $1,357 4.6 47%
42 Montana 17.1 yrs $21,000 $1,228 3.9 46%
43 Alaska 17.6 yrs $26,600 $1,515 3.5 42%
44 District of Columbia 18 yrs $24,500 $1,357 4.6 39%
45 Massachusetts 18 yrs $25,900 $1,438 4.3 39%
46 Rhode Island 18.1 yrs $24,500 $1,354 4.3 38%
47 New Jersey 18.6 yrs $24,500 $1,316 4.4 34%
48 Connecticut 18.7 yrs $25,200 $1,350 4.4 34%
49 Hawaii 19.2 yrs $29,400 $1,535 6 30%
50 New York 19.4 yrs $25,200 $1,298 4.4 29%
51 California 20.2 yrs $26,600 $1,318 5 24%