Solar Panel Cost Guide in Manlius, MI (2023 Update)
- Manlius Solar Installation Cost: $11,693
- 25-Year Savings: $22,811
- Payback Period: 8.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Manlius
We go over average solar pricing in Manlius.
While the national average of solar panels is $2.66 per watt, solar panels in Manlius typically cost about 2.81. Using this figure, a typical 5.9-kW system would cost about $11,684 before the 30% federal solar tax credit is applied.
The true cost of your system can go above or below the average in Manlius depending on a variety of factors, such as the type of solar panels you choose and the solar company you hire. With typical savings of about $22,000 on power bills over 20 years, many homeowners in Manlius find investing in solar can pay off big.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Manlius
| Year | Return on Investment |
|---|---|
| 1 years | $-10,439 |
| 3 years | $-7,932 |
| 5 years | $-5,425 |
| 7 years | $-2,917 |
| 9 years | $-410 |
| 11 years | $2,098 |
| 13 years | $4,605 |
| 15 years | $7,112 |
| 17 years | $9,620 |
| 19 years | $12,127 |
| 21 years | $14,635 |
| 23 years | $17,142 |
| 25 years | $19,649 |
Top Solar Installers in Manlius
Although you can install solar panels by yourself, it takes extra time and knowledge. For that reason, almost all homeowners choose a solar panel installer. Companies can also provide access to various kinds of the best solar panels and help you pick which one will be right for your family.
If you'd like to go solar but still aren't sure which solar installer to go with, here are our suggestions for providers nearby:
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 Manlius
Factors that Affect Solar Panel Costs in Manlius
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few major factors that affect your total cost in Manlius: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,810. There are several different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Manlius homeowners opt to finance their solar panel systems to make going solar more affordable. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Manlius is the company you get to install your solar system. Similar to choosing a company to install new cabinets, for example, there's no shortage of solar installers that offer a range of services at different price points. The size of the company sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $22,552 | 8.8 years |
| 8 kW | $2.87 | $16,051 | $30,384 | 8.6 years |
| 10 kW | $2.81 | $19,670 | $38,373 | 8.5 years |
| 12 kW | $2.75 | $23,132 | $46,520 | 8.3 years |
| 14 kW | $2.70 | $26,436 | $54,824 | 8.1 years |
| 16 kW | $2.64 | $29,584 | $63,285 | 8.0 years |
| 18 kW | $2.59 | $32,574 | $71,904 | 7.8 years |
| 20 kW | $2.53 | $35,406 | $80,680 | 7.6 years |
How to Save on Solar Panels
The solar company you opt for will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Contract: Although reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Installation Process: When making the switch to solar, it's important to maintain an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the project completion timeline.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- 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.
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 Manlius, MI Solar Cost FAQs
What is the average cost of installing solar panels in Manlius?
The average cost of solar panels in Manlius 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 certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Manlius?
Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Is switching to solar power worth it?
Solar panels can be a fruitful investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs 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 home 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.