Solar Panel Cost Guide in Grand Blanc, MI (2024 Update)
- Grand Blanc Solar Installation Cost: $17,718
- 25-Year Savings: $17,222
- Payback Period: 15.0 Years
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Average Cost of Solar Panels in Grand Blanc
See how much it might cost to make the switch to solar in Grand Blanc.
The national average cost of solar panels is $2.66 per watt, but in Grand Blanc it’s 4 per watt.Because a 6.2-kW system is needed to cover the energy consumption of a typical home in Grand Blanc, the average price of going solar will be about $17,718 after claiming the federal solar tax credit of 0.
These figures are only averages, and how much solar costs for you may differ based on the amount of energy your home requires and what company you go with.For many homeowners, the upfront cost of solar is worth paying. On average homeowners in Grand Blanc see about $18,000 in savings on utility bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Grand Blanc
| 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 Grand Blanc
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Using a solar panel installer can make your swap to solar power much easier. Plus, if you’re not certain what brand of solar panels and equipment you may need, a solar company can help you figure that out after a site survey and consultation.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
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 Grand Blanc
Factors that Affect Solar Panel Costs in Grand Blanc
For many Grand Blanc homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Grand Blanc, with typical prices between $20,000 to $40,000. There are a few 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 determines the overall cost of going solar. That’s why it’s a priority 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 — are more expensive upfront but also tend to offer higher efficiency. In a city like Grand Blanc, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, 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
If paying for solar panels out of pocket is difficult, solar loans are a solid route because they lower your upfront costs and allow you to pay for your system over five to seven years on average.Even though solar loans make switching to solar energy more accessible for Grand Blanc homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you choose to install your solar system can affect how much you pay. Grand Blanc’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, 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 | $10,643 | 15.6 years |
| 8 kW | $4.14 | $23,191 | $14,645 | 15.3 years |
| 10 kW | $4.06 | $28,420 | $18,874 | 15.0 years |
| 12 kW | $3.98 | $33,422 | $23,331 | 14.7 years |
| 14 kW | $3.90 | $38,196 | $28,016 | 14.4 years |
| 16 kW | $3.82 | $42,744 | $32,928 | 14.1 years |
| 18 kW | $3.74 | $47,064 | $38,067 | 13.8 years |
| 20 kW | $3.65 | $51,156 | $43,433 | 13.5 years |
How to Save on Solar Panels
The solar company you choose will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, such as:
- Solar Panel Brands: The kind of solar panel you’d like to get plays a role in which company you should choose, since different companies provide different panels.
- Warranty: Warranties that cover panel repairs and maintenance over around 25 years are the best you can get in the business, and offering such a warranty is one mark of a quality company.
- Contract: When reading over your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can research your installer’s reputation is by reading reviews.
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 Grand Blanc, MI Solar Cost FAQs
How much does it cost to install solar panels in Grand Blanc?
The average cost of solar panels in Grand Blanc is about $20,300 for a 5-kW system and $40,600 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Grand Blanc?
Solar panels aren’t free in Grand Blanc, 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 you can take advantage of.
How will having solar panels impact how much my home is worth?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Grand Blanc is currently $265,416, which means you could be looking at a value of about $10,882 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Grand Blanc is a worthwhile investment.
How long do solar panels last in Grand Blanc?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.