Solar Panel Cost Guide in Ida, MI (2025 Update)
- Ida Solar Installation Cost: $17,071
- 25-Year Savings: $17,589
- Payback Period: 14.5 Years
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Average Cost of Solar Panels in Ida
See how much it might cost to switch to solar power in Ida.
The national average cost of solar panels is $2.66 per watt, but in Ida it’s 4 per watt.To cover the typical energy usage of the average home in Ida, most homeowners require a 6.0-kilowatt system. Using the figure above, a solar installation costs around $17,071, or $24,412 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Ida homeowners. 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.With average savings of about $19,000 on utility bills over 20 years, many homeowners in Ida find installing solar panels can be quite rewarding.
Click the button below to get connected to a reputable solar installer in Ida for a customized quote.
Solar savings over time in Ida
| Year | Return on Investment |
|---|---|
| 1 years | $-15,817 |
| 3 years | $-13,310 |
| 5 years | $-10,802 |
| 7 years | $-8,295 |
| 9 years | $-5,788 |
| 11 years | $-3,280 |
| 13 years | $-773 |
| 15 years | $1,735 |
| 17 years | $4,242 |
| 19 years | $6,749 |
| 21 years | $9,257 |
| 23 years | $11,764 |
| 25 years | $14,272 |
Top Solar Installers in Ida
Trying to install solar panels yourself can be a difficult undertaking, which is why using a solar installation company is a good option for many homeowners. Another good thing about going with a reputable solar installer is that it'll likely provide warranties and free repairs, which help protect your solar system over time.
If you're searching for a solar installer in Ida, the EcoWatch team has compiled a list of our top suggestions here:
See all of the solar companies in Ida
Factors that Affect Solar Panel Costs in Ida
There are many factors that can influence your 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
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. 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 energy needs.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your energy bills. In addition, add-on products, like solar batteries, can bring your total well above the Ida average.
Solar Financing Terms
Most solar companies in Ida offer solar loans, which reduce the initial cost of installing solar panels.However, the interest on solar loans also adds to your total costs, so it’s crucial to take that into consideration as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can affect your pricing. Ida’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 larger brand name and access to bulk 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 | $4.22 | $17,734 | $11,637 | 15.1 years |
| 8 kW | $4.14 | $23,191 | $15,971 | 14.8 years |
| 10 kW | $4.06 | $28,420 | $20,532 | 14.5 years |
| 12 kW | $3.98 | $33,422 | $25,321 | 14.2 years |
| 14 kW | $3.90 | $38,196 | $30,337 | 13.9 years |
| 16 kW | $3.82 | $42,744 | $35,580 | 13.6 years |
| 18 kW | $3.74 | $47,064 | $41,051 | 13.4 years |
| 20 kW | $3.65 | $51,156 | $46,749 | 13.1 years |
How to Save on Solar Panels
There are a large number of companies available in Ida, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.
- Warranty: If you’re concerned about the durability of your solar panels, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Make sure your solar panel 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 the EcoWatch team.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project timeline.
EcoWatch's Ida, MI Solar Cost FAQs
What is the average cost of installing solar panels in Ida?
The average cost of solar panels in Ida 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 stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is it worth going solar in Ida?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household 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.