Solar Panel Cost Guide in Alamo, MI (Jan 2023)
- Alamo Solar Installation Cost: $11,979
- 25-Year Savings: $22,698
- Payback Period: 8.6 Years
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Top Solar Installers in Alamo
Many homeowners choose to use a solar panel installer since figuring out how to install solar panels on your own can be challenging. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term because of their warranties, repair services and expert design.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Alamo:
See all of the solar companies in Alamo
Factors that Affect Solar Panel Costs in Alamo
For many Alamo homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Alamo, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Alamo, where sunlight isn't as abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Alamo offer solar loans, which reduce your upfront costs of installing solar. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you go with to handle your switch to green energy can play a role in your total costs. There are about 3 solar panel companies operating throughout Alamo, and each can charge different amounts for labor and equipment. The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
Solar Panel Cost Data by System Size
|System size||Cost per system watt||Solar system cost||25-Year savings||Payback period|
|6 kW||$2.92||$12,274||$21,869||9.0 years|
|8 kW||$2.87||$16,051||$29,474||8.8 years|
|10 kW||$2.81||$19,670||$37,236||8.6 years|
|12 kW||$2.75||$23,132||$45,155||8.5 years|
|14 kW||$2.70||$26,436||$53,232||8.3 years|
|16 kW||$2.64||$29,584||$61,466||8.1 years|
|18 kW||$2.59||$32,574||$69,857||8.0 years|
|20 kW||$2.53||$35,406||$78,406||7.8 years|
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, project timeline rebates and warranties.
- Installation Process: Make sure you're on the same page with the installer with regard to how the installation process will go and what you need to do before your solar panel system is installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you want a specific brand, make sure the solar installer you're considering has it.
EcoWatch's Alamo, MI Solar Cost FAQs
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.