Solar Panel Cost Guide in Burtchville, MI (2023 Update)
- Burtchville Solar Installation Cost: $11,711
- 25-Year Savings: $13,409
- Payback Period: 11.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Burtchville
Let's take a look at the average cost of solar panels in Burtchville.
Although the national average of solar panels is $2.66 per watt, solar panels in Burtchville generally cost around 2.81. To cover the typical energy needs of the average home in Burtchville, most homeowners require a 6.0-kilowatt system. Using the figure above, a solar installation costs about $11,704, or $16,737 before the federal solar tax credit of 30% is applied.
Bear in mind that the figures above are only estimates based on the average Burtchville homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. For many homeowners, the upfront investment in solar power is worth paying. On average Burtchville homeowners see about $16,000 in savings on utility bills over 20 years.
Click the button below to get connected to a highly rated solar company in your area for a customized quote.
Solar savings over time in Burtchville
| Year | Return on Investment |
|---|---|
| 1 years | $-11,628 |
| 3 years | $-11,460 |
| 5 years | $-11,293 |
| 7 years | $-11,125 |
| 9 years | $-10,958 |
| 11 years | $-10,790 |
| 13 years | $-10,623 |
| 15 years | $-10,455 |
| 17 years | $-10,288 |
| 19 years | $-10,120 |
| 21 years | $-9,953 |
| 23 years | $-9,786 |
| 25 years | $-9,618 |
Top Solar Installers in Burtchville
Many homeowners opt for a solar installation company since installing solar panels by yourself can be hard. Companies can also have access to quality options of the best solar panels and help you choose which one will be best for you.
If you're looking for a solar installer in Burtchville, we've compiled a list of our top suggestions here:
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 Burtchville
Factors that Affect Solar Panel Costs in Burtchville
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few primary factors that will push your cost above or below the average in Burtchville: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Burtchville, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can determine by looking at past power bills. Your overall cost can increase by about $2,810 for each additional kilowatt you need. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a solid choice because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years. Although solar loans make switching to solar energy more accessible for Burtchville homeowners, they can also add to 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
A final factor to consider when trying to figure out the cost of solar for your home or business in Burtchville is the company you hire to install your solar system. Similar to choosing a company to build a deck or pool, for instance, you'll have no shortage of solar installers that provide a range of services at different costs. The size of the company sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger companies.
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 | $13,040 | 12.1 years |
| 8 kW | $2.87 | $16,051 | $17,702 | 11.9 years |
| 10 kW | $2.81 | $19,670 | $22,520 | 11.7 years |
| 12 kW | $2.75 | $23,132 | $27,496 | 11.4 years |
| 14 kW | $2.70 | $26,436 | $32,630 | 11.2 years |
| 16 kW | $2.64 | $29,584 | $37,921 | 11.0 years |
| 18 kW | $2.59 | $32,574 | $43,369 | 10.7 years |
| 20 kW | $2.53 | $35,406 | $48,975 | 10.5 years |
How to Save on Solar Panels
There are numerous companies available in Burtchville, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
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 Burtchville, MI Solar Cost FAQs
What is the average cost of installing solar panels in Burtchville?
This is a difficult question to answer precisely, because the cost depends on a variety of 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 extra solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Burtchville?
Leasing solar panels can be an option if you can't afford to pay upfront or secure 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.
Is it worth going solar in Burtchville?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.