Solar Panel Cost Guide in Blissfield, MI (2024 Update)
- Blissfield Solar Installation Cost: $17,337
- 25-Year Savings: $19,062
- Payback Period: 14.0 Years
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Average Cost of Solar Panels in Blissfield
Let’s take a look at the average cost of solar panels in Blissfield.
The national average cost of solar panels is $2.66 per watt, but in Blissfield it’s 4 per watt.Because a 6.1-kW system is needed to cover the energy consumption of a typical home in Blissfield, the average price of going solar will be about $17,337 after claiming the federal solar tax credit of 0.
How much you pay can go higher or lower than the average in Blissfield based on a variety of factors, such as the kind of solar panels you choose and the solar company you hire.Despite the significant upfront cost, the average Blissfield homeowner can save around $19,000 on their energy bills over 20 years, which is one of the positives of solar.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Blissfield
Year | Return on Investment |
---|---|
1 years | $-16,083 |
3 years | $-13,576 |
5 years | $-11,068 |
7 years | $-8,561 |
9 years | $-6,053 |
11 years | $-3,546 |
13 years | $-1,039 |
15 years | $1,469 |
17 years | $3,976 |
19 years | $6,484 |
21 years | $8,991 |
23 years | $11,498 |
25 years | $14,006 |
Top Solar Installers in Blissfield
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Going with a solar company can make converting to solar power much easier. Local solar installers can also help you maximize your return on investment by walking you through any local incentives you can take advantage of and by offering warranties and repairs.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Blissfield
Factors that Affect Solar Panel Costs in Blissfield
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Blissfield: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $4,060. The kind of solar panels and equipment you want is another factor that will considerably influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment is more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that’s in your budget.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a popular choice because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.However, the interest on solar loans also increases your all-in costs, so it’s crucial to include that in your estimate as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can impact your pricing. Blissfield’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Blissfield have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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 | $4.22 | $17,734 | $12,817 | 14.5 years |
8 kW | $4.14 | $23,191 | $17,544 | 14.2 years |
10 kW | $4.06 | $28,420 | $22,498 | 14.0 years |
12 kW | $3.98 | $33,422 | $27,680 | 13.7 years |
14 kW | $3.90 | $38,196 | $33,089 | 13.4 years |
16 kW | $3.82 | $42,744 | $38,726 | 13.1 years |
18 kW | $3.74 | $47,064 | $44,590 | 12.8 years |
20 kW | $3.65 | $51,156 | $50,681 | 12.6 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: Make sure you’re on the same page with the company with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you opt for.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can check your installer’s reputation is by reading reviews.
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a quality company.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Blissfield, MI Solar Cost FAQs
What is the average cost of installing solar panels in Blissfield?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $20,300 for a 5-kW system and $40,600 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Blissfield?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Can solar panels eliminate my power 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 $1,018.37 per year.
How long do solar panels last in Blissfield?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having 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.