Solar Panel Cost Guide in Bloomfield, MI (2025 Update)

  • Bloomfield Solar Installation Cost: $17,556
  • 25-Year Savings: $12,969
  • Payback Period: 17.5 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 24, 2025

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Bloomfield

We break down average solar pricing in Bloomfield.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Bloomfield, the typical cost of solar panels is 4 per watt.The average Bloomfield homeowner needs a 6.2-kilowatt system, which would cost about $17,556 with the federal tax credit, or $25,105 before the 0 tax credit is applied.

The actual price you pay can be above or below the average in Bloomfield based on a few factors, such as the kind of solar panels you choose and the solar installer you hire.Many homeowners find going solar is a solid investment. The average homeowner in Bloomfield can save about $15,000 on their power bills over 20 years.

To get a free quote from a top solar installer in Bloomfield, you can click the button below.

Solar savings over time in Bloomfield

YearReturn on Investment
1 years$-16,163
3 years$-13,379
5 years$-10,594
7 years$-7,809
9 years$-5,025
11 years$-2,240
13 years$545
15 years$3,329
17 years$6,114
19 years$8,899
21 years$11,683
23 years$14,468
25 years$17,253

Top Solar Installers in Bloomfield

Although it's possible to install solar panels by yourself, it requires extra time and expertise. That's why the majority of homeowners choose a solar panel installer. Some solar installers, especially local ones, can help you take advantage of incentives in Bloomfield, thereby optimizing your ROI.

If you're on the hunt for a solar installer in Bloomfield, the EcoWatch team has compiled a list of our top suggestions here:

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See all of the solar companies in Bloomfield

Factors that Affect Solar Panel Costs in Bloomfield

Although the average cost of a solar system in Bloomfield is $17,556, your actual cost may be higher or lower than that. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.

Solar Equipment

One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend about $4,060 per kilowatt in Bloomfield.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Bloomfield, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are available from most installers in Bloomfield, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible.It’s wise to include 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 off the loan.

Solar Panel Installation Company

A final factor to consider when trying to estimate the cost of solar for your home or business in Bloomfield is the company you get to install your solar system. Similar to choosing a company to renovate your kitchen, for example, you’ll have no shortage of solar installers that offer a range of services at different price points.Additionally, some companies in Bloomfield have more knowledge about local solar incentives and can help you take advantage of 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 help you save more money in the long run.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$4.22$17,734$6,66518.2 years
8 kW$4.14$23,191$9,34117.8 years
10 kW$4.06$28,420$12,24517.5 years
12 kW$3.98$33,422$15,37617.1 years
14 kW$3.90$38,196$18,73416.8 years
16 kW$3.82$42,744$22,32016.4 years
18 kW$3.74$47,064$26,13316.1 years
20 kW$3.65$51,156$30,17415.7 years

How to Save on Solar Panels

There are a large number of companies to choose from in Bloomfield, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:

  • Contract: When looking through your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
  • Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
  • Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
  • Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of options before making your decision.
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EcoWatch's Bloomfield, MI Solar Cost FAQs

How much does it cost to install solar panels in Bloomfield?

This is a tough question to answer exactly, because the cost depends on many factors. Broadly 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 extra solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.

Are solar panels free in Bloomfield?

A solar panel system isn’t free in Bloomfield, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

Do solar panels increase the value of your home?

Solar panels can increase your home value remarkably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."

What solar power system size is right for my home?

To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.

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.