Is Solar Worth It in Meridian, ID? (2026 Analysis)

Detailed solar ROI analysis for Meridian, Idaho. With 4.7 peak sun hours and electricity at $0.09/kWh, here is what you can expect from going solar.

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$17,565 20-Year Savings
4 yrs Break-Even Timeline
$4,050 Net Cost After Incentives
4.7 hrs Peak Sun Hours/Day
$0.09/kWh Electricity Rate (increasing)
117,635 Population

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20-Year Solar Savings Projection for Meridian

This projection is based on a 7 kW system with 4.7 peak sun hours and $0.09/kWh electricity rate.

PeriodCumulative SavingsNet PositionStatus
Year 1$1,081$-2,969Paying off
Year 2$2,162$-1,888Paying off
Year 3$3,243$-807Paying off
Year 4$4,324$274Profitable
Year 5$5,405$1,355Profitable
Year 7$7,567$3,517Profitable
Year 9$9,729$5,679Profitable
Year 11$11,891$7,841Profitable
Year 16$17,296$13,246Profitable
Year 20$21,620$17,570Profitable

Estimates assume stable electricity rates. Actual savings may increase as rates rise.

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$0 down options available. Own your system and claim the 30% federal tax credit. Save up to $1,081/year.

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Solar Investment Breakdown for Meridian

Gross System Cost 13500
Federal Tax Credit (30%) 4050
State Incentives 5400
Net Cost 4050
Annual Savings 1081

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Local Solar Incentives in Meridian

Local Programs: Federal ITC plus applicable state and local incentives

Electricity Trend: Rates in Meridian are currently increasing. Solar locks in your energy costs and provides a hedge against future rate increases.

State Incentives: Idaho offers a 40% state tax credit, net metering (partial). See all Idaho incentives.

Financing Options for Meridian Homeowners

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CashBest ROI. Own immediately.
LoanOwn system + tax credits.
Lease/PPA$0 down. Lower savings.

Best Solar Providers in Meridian

ProviderTypeHighlightRatingAction
EnergySageMarketplaceCompare Meridian installers4.8/5Get Quotes
SunrunInstaller$0 down solar in ID4.5/5View Plans
SunPowerPremiumHighest efficiency panels4.6/5Get Quote

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Frequently Asked Questions

Yes. With 4.7 average peak sun hours per day and electricity rates at $0.09/kWh (increasing trend), solar is a strong investment in Meridian. The estimated 20-year savings is $17,565 with a break-even period of approximately 4 years.
The average solar installation in the Meridian area costs approximately $13,500 for a 7 kW system before incentives. After the 30% federal tax credit and state incentives, the net cost drops to approximately $4,050.
Federal ITC plus applicable state and local incentives The 30% federal Investment Tax Credit (ITC) is available to all Meridian homeowners. Check your specific state and utility for additional programs.
A typical home in Meridian uses a 7 kW system (approximately 18 panels). This produces roughly 12,009 kWh per year based on 4.7 peak sun hours per day.
Electricity rates in Meridian are currently increasing. The current average rate is $0.09/kWh. Solar locks in your energy costs and protects against future rate increases.

SolarSavingsAI Research Team

Solar Energy Analysts

Our team analyzes solar incentive data from federal (DOE, IRS), state (DSIRE), and utility sources to provide accurate savings estimates. Data is reviewed quarterly and cross-referenced with NREL benchmarks.

Sources: DOE, IRS, DSIRE, NREL, EIA Updated: 2026 Full Methodology Editorial Standards

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