Solar Panel Cost Guide in Comstock Northwest, MI (Feb 2023)
- Comstock Northwest Solar Installation Cost: $11,979
- 25-Year Savings: $21,183
- Payback Period: 9.0 Years
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Top Solar Installers in Comstock Northwest
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Hiring a solar panel installer can make switching to solar power much easier. Also, companies with a good reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.
If you'd like to start using solar energy but still aren't sure which solar panel installer to go with, here are our recommendations for providers nearby:
See all of the solar companies in Comstock Northwest
Factors that Affect Solar Panel Costs in Comstock Northwest
For many Comstock Northwest homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Comstock Northwest, 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.
When it comes to estimating the price of a solar panel system in Comstock Northwest, one of the most important 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 figure out by looking at past power bills. Your total cost can increase by about $2,810 for each additional kilowatt you need. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a 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 a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment 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 out of reach, solar loans are an affordable option because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. Even though solar loans make going solar more accessible for Comstock Northwest homeowners, they can also add to 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 cut back on how much interest you have to pay.
Solar Panel Installation Company
The final key cost factor you should keep in mind is the installer you choose. Given the growing popularity of sustainable energy solutions in Comstock Northwest, you'll have lots of options to choose from, but each comes at varying price points for labor and equipment. The company's size can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and bulk 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 down 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||$20,378||9.4 years|
|8 kW||$2.87||$16,051||$27,486||9.2 years|
|10 kW||$2.81||$19,670||$34,750||9.0 years|
|12 kW||$2.75||$23,132||$42,173||8.9 years|
|14 kW||$2.70||$26,436||$49,752||8.7 years|
|16 kW||$2.64||$29,584||$57,489||8.5 years|
|18 kW||$2.59||$32,574||$65,383||8.3 years|
|20 kW||$2.53||$35,406||$73,435||8.1 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. Because choosing a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: The brand of solar panel you want to install plays a role in which installer you should opt for, since different companies provide different panels.
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
EcoWatch's Comstock Northwest, MI Solar Cost FAQs
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.