Solar Panel Cost Guide in Blendon, MI (2023 Update)
- Blendon Solar Installation Cost: $11,665
- 25-Year Savings: $20,654
- Payback Period: 9.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Blendon
We break down average solar pricing in Blendon.
The national average cost of solar panels is $2.66 per watt, but in Blendon it's 2.81 per watt. Using this figure, a typical 5.9-kW system would cost about $11,664 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Blendon homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. Even with the high upfront cost, the average Blendon homeowner can save about $21,000 on their energy bills over 20 years, which is one of the advantages of solar.
To get a free quote from a vetted solar company in Blendon, you can click the button below.
Solar savings over time in Blendon
| Year | Return on Investment |
|---|---|
| 1 years | $-10,411 |
| 3 years | $-7,903 |
| 5 years | $-5,396 |
| 7 years | $-2,889 |
| 9 years | $-381 |
| 11 years | $2,126 |
| 13 years | $4,633 |
| 15 years | $7,141 |
| 17 years | $9,648 |
| 19 years | $12,156 |
| 21 years | $14,663 |
| 23 years | $17,170 |
| 25 years | $19,678 |
Top Solar Installers in Blendon
Although you can install solar panels on your own, it takes extra energy and knowledge. That's why most people choose to hire a solar panel installer. The expertise that solar installers provide can be valuable as well, especially if you aren't sure what kind of solar equipment would be right for your home.
If you'd like to make the switch to solar but still aren't sure which solar company to go with, here are our recommendations for providers near you:
Solar Veteran
Michigan Solar Solutions
- Great warranty coverage
- Outstanding customer service
- Offers products from leading manufacturers
- Slightly limited service offerings
- No leases or PPAs
Outstanding Local Installer
Strawberry Solar
- Outstanding customer service
- Representatives are experts on local policies
- Educational, no-pressure sales approach
- Limited warranty coverage
- No leases or PPAs
- Limited brands of solar equipment available
See all of the solar companies in Blendon
Factors that Affect Solar Panel Costs in Blendon
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few major factors that affect your total cost in Blendon: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,810. The type of solar panels and equipment you want is another factor that will considerably affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Furthermore, solar equipment is more than just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are provided by most installers in Blendon, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable. You'll have to consider the long-term cost of financing options, including the amount of 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 above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
Finally, the company you get to install your solar system can influence the cost. Blendon's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Blendon know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $20,425 | 9.4 years |
| 8 kW | $2.87 | $16,051 | $27,548 | 9.2 years |
| 10 kW | $2.81 | $19,670 | $34,829 | 9.0 years |
| 12 kW | $2.75 | $23,132 | $42,267 | 8.8 years |
| 14 kW | $2.70 | $26,436 | $49,862 | 8.7 years |
| 16 kW | $2.64 | $29,584 | $57,615 | 8.5 years |
| 18 kW | $2.59 | $32,574 | $65,525 | 8.3 years |
| 20 kW | $2.53 | $35,406 | $73,592 | 8.1 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of offerings before making your decision.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
- Contract: It's important to read through your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
Solar Veteran
Michigan Solar Solutions
- Great warranty coverage
- Outstanding customer service
- Offers products from leading manufacturers
- Slightly limited service offerings
- No leases or PPAs
Outstanding Local Installer
Strawberry Solar
- Outstanding customer service
- Representatives are experts on local policies
- Educational, no-pressure sales approach
- Limited warranty coverage
- No leases or PPAs
- Limited brands of solar equipment available
EcoWatch's Blendon, MI Solar Cost FAQs
How much does it cost to install solar panels in Blendon?
The average cost of solar panels in Blendon is about $14,050 for a 5-kW system and $28,100 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
The initial cost is a very important factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Blendon?
Most states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Blendon?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.