Solar Panel Cost Guide in Frenchtown, MI (2025 Update)
- Frenchtown Solar Installation Cost: $17,071
- 25-Year Savings: $16,871
- Payback Period: 16.3 Years
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Average Cost of Solar Panels in Frenchtown
Find out what the average cost of solar panel installation is in Frenchtown.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Frenchtown, the average cost of a solar system is 4 per watt.Because a 6.0-kW system is needed to cover the energy usage of a typical home in Frenchtown, the average price of going solar will be about $17,071 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average Frenchtown homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.But, once you've paid the initial cost of installation, the ROI for most homeowners is typically good, with a net average savings of about $17,000 over 20 years on electricity bills.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Frenchtown
| Year | Return on Investment |
|---|---|
| 1 years | $-15,713 |
| 3 years | $-12,998 |
| 5 years | $-10,282 |
| 7 years | $-7,567 |
| 9 years | $-4,852 |
| 11 years | $-2,136 |
| 13 years | $579 |
| 15 years | $3,294 |
| 17 years | $6,010 |
| 19 years | $8,725 |
| 21 years | $11,440 |
| 23 years | $14,156 |
| 25 years | $16,871 |
Top Solar Installers in Frenchtown
When going solar, many homeowners prefer to use a solar company since putting up a solar system yourself can be a time-consuming project. The expertise that solar installers offer can be helpful as well, particularly if you don’t quite know what type of solar equipment you need.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some in Frenchtown:
See all of the solar companies in Frenchtown
Factors that Affect Solar Panel Costs in Frenchtown
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that affect your total cost in Frenchtown: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $4,060.The brand of solar panels and equipment you choose is another factor that will considerably affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment consists of more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Frenchtown to be too steep, even if the investment pays off over time. Fortunately, almost every solar company in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest.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 back the loan.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can impact the cost. Frenchtown’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $8,488 | 16.9 years |
| 8 kW | $4.14 | $23,191 | $11,772 | 16.6 years |
| 10 kW | $4.06 | $28,420 | $15,284 | 16.3 years |
| 12 kW | $3.98 | $33,422 | $19,023 | 15.9 years |
| 14 kW | $3.90 | $38,196 | $22,989 | 15.6 years |
| 16 kW | $3.82 | $42,744 | $27,183 | 15.3 years |
| 18 kW | $3.74 | $47,064 | $31,604 | 15.0 years |
| 20 kW | $3.65 | $51,156 | $36,252 | 14.6 years |
How to Save on Solar Panels
The solar installer you choose will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, such as:
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should acquire and what the project timeline is.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: Before you sign a contract with a solar installer, make sure to read it through fully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Warranty: If you care about the longevity of your solar panel system, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
EcoWatch's Frenchtown, MI Solar Cost FAQs
How much does it cost to install solar panels in Frenchtown?
This is a hard question to answer exactly, because the cost depends on a few different 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 other solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Are solar panels free in Frenchtown?
You can’t get solar panels for free in Frenchtown. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Can solar panels significantly reduce my power bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Frenchtown, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
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 amount of 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 account for 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.