Solar Panel Cost Guide in Dryden, MI (Feb 2023)
- Dryden Solar Installation Cost: $12,195
- 25-Year Savings: $12,924
- Payback Period: 12.1 Years
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Top Solar Installers in Dryden
Putting up solar panels yourself can be a difficult project, which is why hiring a solar installation company is a good option for many homeowners. A solar company can also help save you money over time by offering warranties, repairs and part replacements.
If you'd like to go solar but still aren't sure which solar installer to go with, here are our recommendations for providers in Dryden:
See all of the solar companies in Dryden
Factors that Affect Solar Panel Costs in Dryden
For many Dryden homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Dryden, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you'll pay, which we'll go over below.
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,810. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your electric bills. Additionally, extra products, such as solar batteries, can bring your total well above the Dryden average.
Solar Financing Terms
Most solar installers in Dryden offer solar loans, which reduce the initial cost of installing solar. It's wise to factor 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 how long it'll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you opt for to install your solar system can impact the cost. Dryden's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra 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||$2.92||$12,274||$12,019||12.6 years|
|8 kW||$2.87||$16,051||$16,340||12.4 years|
|10 kW||$2.81||$19,670||$20,818||12.1 years|
|12 kW||$2.75||$23,132||$25,454||11.9 years|
|14 kW||$2.70||$26,436||$30,247||11.7 years|
|16 kW||$2.64||$29,584||$35,198||11.4 years|
|18 kW||$2.59||$32,574||$40,306||11.2 years|
|20 kW||$2.53||$35,406||$45,571||10.9 years|
How to Save on Solar Panels
Since the type of solar panels and the installer you choose considerably influences your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: Make sure you're aligned with the installer with regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating your electrical system or roof.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Solar Panel Brands: Different companies will offer different brands and types of panels. If you want a specific brand, make sure the solar installer you're considering has it.
EcoWatch's Dryden, 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.