Solar Panel Cost Guide in Hudsonville, MI (2025 Update)
- Hudsonville Solar Installation Cost: $16,853
- 25-Year Savings: $22,840
- Payback Period: 12.2 Years
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Average Cost of Solar Panels in Hudsonville
Find out what the average cost of solar panels are in Hudsonville.
The average cost of solar panels in Hudsonville is 4 per watt.The average Hudsonville homeowner needs a 5.9-kilowatt system, which would cost about $16,853 with the federal tax credit, or $24,100 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Hudsonville homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.But, after you've paid the initial cost of installation, the savings for most homeowners is typically fruitful, with a net average savings of about $22,000 over 20 years on utility bills.
You can click the button below to get connected with a vetted solar company in Hudsonville for a quote for your home.
Solar savings over time in Hudsonville
Year | Return on Investment |
---|---|
1 years | $-15,600 |
3 years | $-13,092 |
5 years | $-10,585 |
7 years | $-8,078 |
9 years | $-5,570 |
11 years | $-3,063 |
13 years | $-555 |
15 years | $1,952 |
17 years | $4,459 |
19 years | $6,967 |
21 years | $9,474 |
23 years | $11,982 |
25 years | $14,489 |
Top Solar Installers in Hudsonville
Although it's possible to install solar panels on your own, it involves extra labor and knowledge. That's why most homeowners choose a solar panel installer. Plus, warranties and repairs from your solar panel company can protect your investment and reduce the cost of maintenance over time.
If you're looking for a solar company in Hudsonville, we've organized a list of our top suggestions here:
See all of the solar companies in Hudsonville
Factors that Affect Solar Panel Costs in Hudsonville
There are many criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The size of the solar energy system you need for your household, 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 $4,060. The type of solar panels and equipment you get is another factor that will significantly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Further, solar equipment is more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are offered by most installers in Hudsonville, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also increases your all-in costs, so it’s crucial to consider that as well. You can always lower the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Hudsonville is the company you get to install your solar system. As with choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services at different costs.Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and find a company that has the products, warranties and services you’re looking for and also fits within your budget.
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 | $17,177 | 12.7 years |
8 kW | $4.14 | $23,191 | $23,357 | 12.5 years |
10 kW | $4.06 | $28,420 | $29,764 | 12.2 years |
12 kW | $3.98 | $33,422 | $36,399 | 12.0 years |
14 kW | $3.90 | $38,196 | $43,262 | 11.7 years |
16 kW | $3.82 | $42,744 | $50,352 | 11.5 years |
18 kW | $3.74 | $47,064 | $57,669 | 11.2 years |
20 kW | $3.65 | $51,156 | $65,213 | 11.0 years |
How to Save on Solar Panels
The solar company you go with will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, such as:
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Solar Panel Brands: The type of solar panel you’d like plays a role in which company you should choose, since different companies provide different panels.
- Warranty: If you’re worried about the longevity of your solar energy system, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
EcoWatch's Hudsonville, MI Solar Cost FAQs
What is the average cost of installing solar panels in Hudsonville?
The average cost of solar panels in Hudsonville 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 model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider apart from cost when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Hudsonville?
Most states have net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of 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 account for 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.