Solar Panel Cost Guide in Henrietta, MI (2023 Update)
- Henrietta Solar Installation Cost: $12,045
- 25-Year Savings: $19,930
- Payback Period: 9.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Henrietta
See how much it might cost to go solar in Henrietta.
The national average cost of solar panels is $2.66 per watt, but in Henrietta it's 2.81 per watt. The average solar panel system size in Henrietta is around 6.1 kilowatts, meaning a cost of about $12,038 for a solar installation, or $17,214 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of installing solar panels can vary quite a bit depending on a few factors, such as what size system you need, your energy usage and what installation company you go with. Despite the large initial cost, the average Henrietta homeowner can save about $20,000 on their electricity bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a highly rated solar company in your area for a custom quote.
Solar savings over time in Henrietta
| Year | Return on Investment |
|---|---|
| 1 years | $-11,938 |
| 3 years | $-11,725 |
| 5 years | $-11,512 |
| 7 years | $-11,299 |
| 9 years | $-11,086 |
| 11 years | $-10,873 |
| 13 years | $-10,659 |
| 15 years | $-10,446 |
| 17 years | $-10,233 |
| 19 years | $-10,020 |
| 21 years | $-9,807 |
| 23 years | $-9,594 |
| 25 years | $-9,380 |
Top Solar Installers in Henrietta
Putting up solar panels yourself can be a difficult project, which is why getting a solar installer is a good option for many homeowners. The payback period of solar panels will vary based on factors like your location and energy use, but going with a solar company can shorten it. Your provider will be able to help you get the most out of incentives available in your area.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Henrietta
Factors that Affect Solar Panel Costs in Henrietta
For many Henrietta homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Henrietta, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,810. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Henrietta, where sunlight isn't as abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of 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
Most solar companies in Henrietta have solar loans, which reduce your upfront costs of installing a solar system. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The final significant cost factor you should consider is the installer you choose. Given the growing popularity of sustainable energy solutions in Henrietta, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. You may come across national solar installers that have lower prices due to 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 major players.
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 | $19,055 | 9.8 years |
| 8 kW | $2.87 | $16,051 | $25,722 | 9.6 years |
| 10 kW | $2.81 | $19,670 | $32,546 | 9.4 years |
| 12 kW | $2.75 | $23,132 | $39,527 | 9.2 years |
| 14 kW | $2.70 | $26,436 | $46,666 | 9.0 years |
| 16 kW | $2.64 | $29,584 | $53,962 | 8.9 years |
| 18 kW | $2.59 | $32,574 | $61,415 | 8.7 years |
| 20 kW | $2.53 | $35,406 | $69,026 | 8.5 years |
How to Save on Solar Panels
There are a large number of companies available in Henrietta, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Contract: Read the contract terms carefully to make sure you understand the overall cost, project timeline rebates and warranties.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although 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 ask for their list of offerings before making your decision.
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 Henrietta, MI Solar Cost FAQs
What is the average cost of installing solar panels in Henrietta?
The average cost of solar panels in Henrietta is about $14,050 for a 5-kW system and $28,100 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Henrietta?
A solar panel system isn't free in Henrietta, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can solar panels significantly reduce my power bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Henrietta, that will require at least a 10-kW system. Not all homes 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 many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can take a 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 buy between 20 and 35 panels to cover 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.