Solar Panel Cost Guide in Blendon, MI (Mar 2023)
- Blendon Solar Installation Cost: $11,664
- 25-Year Savings: $20,654
- Payback Period: 9.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Blendon
Find out what the average cost of installing solar panels is in Blendon.
Although the national average of solar panels is $2.66 per watt, solar panels in Blendon typically cost about 2.81. The average Blendon homeowner needs a 5.9-kilowatt system, which would cost about $11,664 with the federal tax credit, or $16,680 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of going solar can vary based on several factors, such as how many panels you need, your energy consumption and what solar installer you go with. Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Blendon can save around $21,000 on their electricity bills over 20 years.
Click the button below to get connected to a reputable solar company in your area for a custom quote.
Solar savings over time in Blendon
| Year | Return on Investment |
|---|---|
| 1 years | $-10,372 |
| 3 years | $-7,786 |
| 5 years | $-5,201 |
| 7 years | $-2,615 |
| 9 years | $-30 |
| 11 years | $2,556 |
| 13 years | $5,141 |
| 15 years | $7,727 |
| 17 years | $10,312 |
| 19 years | $12,898 |
| 21 years | $15,483 |
| 23 years | $18,069 |
| 25 years | $20,654 |
Top Solar Installers in Blendon
Although you can install solar panels yourself, it requires extra time and expertise. That's one of the reasons most people choose to go with a solar panel installer. The expertise that solar companies offer can be invaluable as well, especially if you don't quite know what brand of solar equipment you need.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
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
The cost of installing a solar system in Blendon can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel 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 around $2,810. The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are offered by most installers in Blendon, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can impact how much you pay. Blendon's solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and choose a company that has the products, warranties and services you want and also is within your budget.
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
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: Read the contract terms carefully to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Installation Process: Make sure you're on the same page with the installer in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
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
What is the average cost of installing solar panels in Blendon?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $14,050 for a 5-kW system and $28,100 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Are solar panels free in Blendon?
You can't get solar panels for free in Blendon. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,089.98 per year.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.