Solar Panel Cost Guide in Bloomer, MI (2025 Update)
- Bloomer Solar Installation Cost: $17,474
- 25-Year Savings: $21,594
- Payback Period: 13.0 Years
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Average Cost of Solar Panels in Bloomer
We break down average solar pricing in Bloomer.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Bloomer, the typical cost of solar panels is 4 per watt.The average solar panel system size in Bloomer is around 6.1 kilowatts, meaning a cost of about $17,474 for a solar installation, or $24,988 before the 0 federal solar tax credit is applied.
The actual price you pay can be above or below the average in Bloomer based on several factors, such as the kind of solar panels you choose and the solar company you hire.But, after you've paid the upfront cost of installation, the ROI for most homeowners is usually rewarding, with a net average savings of about $21,000 over 20 years on energy bills.
Click the button below to get connected to a top solar panel company in Bloomer for a customized estimate.
Solar savings over time in Bloomer
| Year | Return on Investment |
|---|---|
| 1 years | $-16,220 |
| 3 years | $-13,713 |
| 5 years | $-11,205 |
| 7 years | $-8,698 |
| 9 years | $-6,191 |
| 11 years | $-3,683 |
| 13 years | $-1,176 |
| 15 years | $1,332 |
| 17 years | $3,839 |
| 19 years | $6,346 |
| 21 years | $8,854 |
| 23 years | $11,361 |
| 25 years | $13,868 |
Top Solar Installers in Bloomer
When going solar, many homeowners opt to hire a solar company since overseeing your solar installation yourself can be a time-consuming project. A solar company can also help save you money over time by offering warranties, repairs and component replacements.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some near you:
See all of the solar companies in Bloomer
Factors that Affect Solar Panel Costs in Bloomer
For many Bloomer homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Bloomer, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Bloomer, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can determine by looking at past power bills. Your overall cost can increase by about $4,060 for each additional kilowatt you need.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your power bills. Additionally, extra products, like solar batteries, can bump up your total well above the Bloomer average.
Solar Financing Terms
Most solar companies in Bloomer offer solar loans, which reduce the initial cost of installing a solar system.Even though solar loans make switching to solar energy more accessible for Bloomer homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to green energy can play a role in your total costs. There are about 3 solar installation companies operating in Bloomer, and each can charge varying amounts for labor and equipment.Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $15,141 | 13.5 years |
| 8 kW | $4.14 | $23,191 | $20,642 | 13.2 years |
| 10 kW | $4.06 | $28,420 | $26,371 | 13.0 years |
| 12 kW | $3.98 | $33,422 | $32,328 | 12.7 years |
| 14 kW | $3.90 | $38,196 | $38,512 | 12.4 years |
| 16 kW | $3.82 | $42,744 | $44,923 | 12.2 years |
| 18 kW | $3.74 | $47,064 | $51,561 | 11.9 years |
| 20 kW | $3.65 | $51,156 | $58,427 | 11.7 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Warranty: If you’re concerned about the longevity of your solar system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: When looking over your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
EcoWatch's Bloomer, MI Solar Cost FAQs
How much does it cost to install solar panels in Bloomer?
This is a difficult question to answer exactly, because the cost depends on a few different 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. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Bloomer?
Leasing solar panels can be an option if you can’t afford to pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to 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.
Is it worth going solar in Bloomer?
Solar panels can be a fruitful investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
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 amount 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.