Solar Panel Cost Guide in Grattan, MI (2025 Update)
- Grattan Solar Installation Cost: $17,551
- 25-Year Savings: $22,265
- Payback Period: 12.8 Years
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Average Cost of Solar Panels in Grattan
We go over average solar pricing in Grattan.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Grattan, the typical cost of a solar system is 4 per watt.The average Grattan homeowner needs a 6.2-kilowatt system, which would cost about $17,551 with the federal tax credit, or $25,098 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of going solar can vary quite a bit based on a few factors, such as how many panels you need, your energy usage and what company you go with.But, after you've paid the upfront cost of installation, the return on investment for most homeowners is quite fruitful, with a net average savings of about $21,000 over 20 years on electricity bills.
To get a free estimate from a pre-vetted solar installation company in Grattan, you can click the button below.
Solar savings over time in Grattan
Year | Return on Investment |
---|---|
1 years | $-16,297 |
3 years | $-13,790 |
5 years | $-11,282 |
7 years | $-8,775 |
9 years | $-6,268 |
11 years | $-3,760 |
13 years | $-1,253 |
15 years | $1,255 |
17 years | $3,762 |
19 years | $6,269 |
21 years | $8,777 |
23 years | $11,284 |
25 years | $13,792 |
Top Solar Installers in Grattan
When making the switch to solar, many homeowners choose to go with a solar company since installing solar panels yourself can be a difficult project. Plus, warranties and repairs from your solar panel installer can protect your investment and bring down the cost of maintenance over the lifespan of your panels.
If you’d like to make the switch to solar but still aren’t certain which solar system company to go with, here are our recommendations for providers near you:
See all of the solar companies in Grattan
Factors that Affect Solar Panel Costs in Grattan
The cost of installing a solar system in Grattan can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend around $4,060 per kilowatt in Grattan.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Grattan, 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 too expensive, solar loans are a popular route because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.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 off the loan.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Grattan is the company you hire to install your PV system. Similar to choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that provide a range of services for different budgets.Larger national companies usually 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 | $4.22 | $17,734 | $15,700 | 13.3 years |
8 kW | $4.14 | $23,191 | $21,387 | 13.0 years |
10 kW | $4.06 | $28,420 | $27,303 | 12.8 years |
12 kW | $3.98 | $33,422 | $33,445 | 12.5 years |
14 kW | $3.90 | $38,196 | $39,815 | 12.2 years |
16 kW | $3.82 | $42,744 | $46,413 | 12.0 years |
18 kW | $3.74 | $47,064 | $53,237 | 11.7 years |
20 kW | $3.65 | $51,156 | $60,289 | 11.5 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 models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
EcoWatch's Grattan, MI Solar Cost FAQs
How much does it cost to install solar panels in Grattan?
The average cost of solar panels in Grattan 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 type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Grattan?
A solar panel system isn’t free in Grattan, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How will having solar panels impact my home value?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don’t go for 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 need to know how much energy your home uses 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.