Solar Panel Cost Guide in Frenchtown, MI (2024 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.The average Frenchtown homeowner needs a 6.0-kilowatt system, which would cost about $17,071 with the federal tax credit, or $24,412 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of going solar can vary based on multiple factors, such as what size system you need, your energy usage and what solar installer you go with.With typical savings of about $17,000 on energy bills over 20 years, many homeowners in Frenchtown find investing in solar can be quite rewarding.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, 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
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Hiring a solar company can make converting to solar power much easier. The expertise that solar installers provide can be invaluable as well, especially if you aren’t sure what kind of solar equipment you need.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Frenchtown
Factors that Affect Solar Panel Costs in Frenchtown
Cost is usually one of the most important factors for homeowners who want 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 cover each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay around $4,060 per kilowatt in Frenchtown.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Frenchtown, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Frenchtown offer solar loans, which reduce your upfront costs of installing solar.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you select will influence your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Frenchtown have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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
There are numerous companies to choose from in Frenchtown, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- 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.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Frenchtown, MI Solar Cost FAQs
How much does it cost to install solar panels in Frenchtown?
The average cost of solar panels in Frenchtown is about $20,300 for a 5-kW system and $40,600 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Frenchtown?
Solar panels aren’t free in Frenchtown, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How much can I save on power bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Frenchtown, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power 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 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 get 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.
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.