Solar Panel Cost Guide in Haslett, MI (2023 Update)
- Haslett Solar Installation Cost: $12,136
- 25-Year Savings: $17,609
- Payback Period: 10.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Haslett
We go over average solar pricing in Haslett.
The national average cost of solar panels is $2.66 per watt, but in Haslett it's 2.81 per watt. Using this figure, a typical 6.2-kW system would cost about $12,136 before the 30% federal solar tax credit is applied.
These figures are just averages, and your own solar costs will vary based on your energy needs and what company you want to go with. For many homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Haslett see about $18,000 in savings on energy bills over 20 years.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Haslett
| Year | Return on Investment |
|---|---|
| 1 years | $-10,947 |
| 3 years | $-8,567 |
| 5 years | $-6,187 |
| 7 years | $-3,808 |
| 9 years | $-1,428 |
| 11 years | $952 |
| 13 years | $3,331 |
| 15 years | $5,711 |
| 17 years | $8,090 |
| 19 years | $10,470 |
| 21 years | $12,850 |
| 23 years | $15,229 |
| 25 years | $17,609 |
Top Solar Installers in Haslett
Although you can install solar panels on your own, it takes extra labor and handiness. That's one of the reasons almost all homeowners choose a solar panel installer. Companies can also have access to various kinds of the best solar panels and help you choose which one will be best for your family.
If you're looking for a solar installer in Haslett, we've put together a list of our top suggestions here:
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 Haslett
Factors that Affect Solar Panel Costs in Haslett
There are many criteria that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the Haslett average.
Solar Financing Terms
Most solar installers in Haslett have solar loans, which reduce your upfront costs of installing solar. While solar loans make adopting solar energy more accessible for Haslett homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The remaining major cost factor you should keep in mind is the installer you choose. Given the growing popularity of green energy solutions in Haslett, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. You may notice national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions 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 | $2.92 | $12,274 | $16,639 | 10.6 years |
| 8 kW | $2.87 | $16,051 | $22,500 | 10.4 years |
| 10 kW | $2.81 | $19,670 | $28,518 | 10.2 years |
| 12 kW | $2.75 | $23,132 | $34,694 | 10.0 years |
| 14 kW | $2.70 | $26,436 | $41,027 | 9.8 years |
| 16 kW | $2.64 | $29,584 | $47,518 | 9.6 years |
| 18 kW | $2.59 | $32,574 | $54,165 | 9.4 years |
| 20 kW | $2.53 | $35,406 | $60,971 | 9.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of options before deciding.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
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 Haslett, MI Solar Cost FAQs
How much does it cost to install solar panels in Haslett?
The average cost of solar panels in Haslett is about $14,050 for a 5-kW system and $28,100 for a 10-kW system before the ITC, but the actual cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Haslett?
Solar panels aren't free in Haslett, 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 help lower the cost.
Can solar panels eliminate my energy bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Haslett, 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 contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
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 how much energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use 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.