Solar Panel Cost Guide in Genesee, MI (2025 Update)
- Genesee Solar Installation Cost: $17,718
- 25-Year Savings: $13,625
- Payback Period: 14.2 Years
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Average Cost of Solar Panels in Genesee
Let’s take a look at the average cost of solar in Genesee.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Genesee, the average cost of a solar system is 4 per watt.The average Genesee homeowner needs a 6.2-kilowatt system, which would cost about $17,718 with the federal tax credit, or $25,337 before the 0 tax credit is applied.
The true cost of your system can go above or below the average in Genesee depending on several factors, such as the kind of solar panels you choose and the solar company you hire.But, once you've paid the upfront cost of installation, the savings for most homeowners is usually rewarding, with a net average savings of about $19,000 over 20 years on energy bills.
You can click the button below to get connected with a top solar company in Genesee for a quote for your home.
Solar savings over time in Genesee
Year | Return on Investment |
---|---|
1 years | $-16,464 |
3 years | $-13,957 |
5 years | $-11,449 |
7 years | $-8,942 |
9 years | $-6,434 |
11 years | $-3,927 |
13 years | $-1,420 |
15 years | $1,088 |
17 years | $3,595 |
19 years | $6,103 |
21 years | $8,610 |
23 years | $11,117 |
25 years | $13,625 |
Top Solar Installers in Genesee
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Going with a solar panel installer can make swapping over to solar power much easier. Another upside of going with a solar installer is that they can help you optimize your investment by reducing your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
See all of the solar companies in Genesee
Factors that Affect Solar Panel Costs in Genesee
For many Genesee homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Genesee, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Genesee, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are available from most installers in Genesee, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.When considering 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 pick will affect your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor.You may come across national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $12,323 | 14.8 years |
8 kW | $4.14 | $23,191 | $16,885 | 14.5 years |
10 kW | $4.06 | $28,420 | $21,675 | 14.2 years |
12 kW | $3.98 | $33,422 | $26,692 | 13.9 years |
14 kW | $3.90 | $38,196 | $31,937 | 13.6 years |
16 kW | $3.82 | $42,744 | $37,408 | 13.3 years |
18 kW | $3.74 | $47,064 | $43,107 | 13.0 years |
20 kW | $3.65 | $51,156 | $49,034 | 12.8 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Installation Process: When making the switch to solar, it’s important to keep an open line of communication with your solar company. Confirm that you understand how the installation process will go and the project timeline.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one indication of a good company.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Contract: It’s important to read through your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
EcoWatch's Genesee, MI Solar Cost FAQs
How much does it cost to install solar panels in Genesee?
The average cost of solar panels in Genesee 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 things such as the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Genesee?
You can’t get solar panels for free in Genesee. 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.
Do solar panels increase your property value?
Solar panels can increase your property’s value considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.