Solar Panel Cost Guide in Comstock, MI (2024 Update)
- Comstock Solar Installation Cost: $17,318
- 25-Year Savings: $20,646
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in Comstock
Let’s take a look at the average cost of solar panels in Comstock.
The average cost of solar panels in Comstock is 4 per watt.The average Comstock homeowner needs a 6.1-kilowatt system, which would cost about $17,318 with the federal tax credit, or $24,765 before the 0 tax credit is applied.
The true cost of your system can be higher or lower than the average in Comstock depending on a variety of factors, such as the kind of solar panels you choose and the solar installer you hire.For most homeowners, the upfront investment in solar power is worth paying. On average homeowners in Comstock see about $20,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a top solar company in Comstock for a customized estimate.
Solar savings over time in Comstock
Year | Return on Investment |
---|---|
1 years | $-16,065 |
3 years | $-13,557 |
5 years | $-11,050 |
7 years | $-8,542 |
9 years | $-6,035 |
11 years | $-3,528 |
13 years | $-1,020 |
15 years | $1,487 |
17 years | $3,995 |
19 years | $6,502 |
21 years | $9,009 |
23 years | $11,517 |
25 years | $14,024 |
Top Solar Installers in Comstock
Installing solar panels on your own can be a stressful undertaking, which is why hiring a solar installation company is a good option for many homeowners. Another good thing about using a reliable solar installer is that it'll provide warranties and free repairs, which help protect your solar investment.
Working with a licensed solar installer can help you make the most of your investment in solar. 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
Outstanding Local Installer
The Green Panel
- Outstanding customer service
- Excellent reputation
- Great warranty coverage
- No leases or PPAs
See all of the solar companies in Comstock
Factors that Affect Solar Panel Costs in Comstock
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in Comstock: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend around $4,060 per kilowatt in Comstock.There are several different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are available from most installers in Comstock, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.Although solar loans make switching to solar energy more accessible for Comstock homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Comstock is the company you choose to install your solar panel system. As with 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.Some companies only sell high-efficiency and high-priced products — 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 fits 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 | $4.22 | $17,734 | $14,396 | 13.8 years |
8 kW | $4.14 | $23,191 | $19,650 | 13.5 years |
10 kW | $4.06 | $28,420 | $25,131 | 13.3 years |
12 kW | $3.98 | $33,422 | $30,839 | 13.0 years |
14 kW | $3.90 | $38,196 | $36,775 | 12.7 years |
16 kW | $3.82 | $42,744 | $42,938 | 12.5 years |
18 kW | $3.74 | $47,064 | $49,328 | 12.2 years |
20 kW | $3.65 | $51,156 | $55,946 | 11.9 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should acquire and what the project timeline is.
- Contract: Read the contract terms thoroughly to make sure you understand how much it will cost, completion timeline rebates and warranties.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: The kind of solar panel you want to install plays a role in which company you should choose, since different companies offer different panels.
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
Outstanding Local Installer
The Green Panel
- Outstanding customer service
- Excellent reputation
- Great warranty coverage
- No leases or PPAs
EcoWatch's Comstock, MI Solar Cost FAQs
How much does it cost to install solar panels in Comstock?
This is a tough question to answer exactly, 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. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in Comstock?
You can’t get solar panels for free in Comstock. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
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 goes down 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.
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.