Solar Panel Cost Guide in Metamora, MI (2024 Update)
- Metamora Solar Installation Cost: $17,632
- 25-Year Savings: $12,916
- Payback Period: 17.5 Years
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Average Cost of Solar Panels in Metamora
See how much it might cost to go solar in Metamora.
Although the national average of solar panels is $2.66 per watt, solar panels in Metamora generally cost around 4.Using this figure, a typical 6.2-kW system would cost about $17,632 before the 0 federal solar tax credit is applied.
The true price you pay can be higher or lower than the average in Metamora depending on several factors, such as the kind of solar panels you choose and the solar installer you hire.Even with the high initial cost, the average Metamora homeowner can save about $15,000 on their power bills over 20 years, which is one of the positives of solar.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Metamora
| Year | Return on Investment |
|---|---|
| 1 years | $-16,240 |
| 3 years | $-13,455 |
| 5 years | $-10,671 |
| 7 years | $-7,886 |
| 9 years | $-5,101 |
| 11 years | $-2,317 |
| 13 years | $468 |
| 15 years | $3,253 |
| 17 years | $6,037 |
| 19 years | $8,822 |
| 21 years | $11,607 |
| 23 years | $14,391 |
| 25 years | $17,176 |
Top Solar Installers in Metamora
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Using an installer can make your swap to solar power much easier. Another good thing about using a reliable solar installer is that it'll provide warranties and free repairs, which help protect your investment.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some near you:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Metamora
Factors that Affect Solar Panel Costs in Metamora
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that determine your overall cost in Metamora: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.There are several different solar panel brands and the one you pick also affects the cost. Generally, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you’re looking to install can affect your total cost. If you just 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 significant investment. That’s why many Metamora homeowners decide to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Metamora is the company you hire to install your PV system. Similar to choosing a company to install new cabinets, for example, there’s no shortage of solar installers that provide a range of services at different costs.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 specials 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 | $4.22 | $17,734 | $6,559 | 18.3 years |
| 8 kW | $4.14 | $23,191 | $9,200 | 17.9 years |
| 10 kW | $4.06 | $28,420 | $12,068 | 17.5 years |
| 12 kW | $3.98 | $33,422 | $15,164 | 17.2 years |
| 14 kW | $3.90 | $38,196 | $18,487 | 16.8 years |
| 16 kW | $3.82 | $42,744 | $22,038 | 16.5 years |
| 18 kW | $3.74 | $47,064 | $25,816 | 16.1 years |
| 20 kW | $3.65 | $51,156 | $29,821 | 15.8 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Installation Process: When going solar, it’s important to maintain an open line of communication with your solar installer. See to it that you understand how the installation process will go and the project completion timeline.
- Warranty: If you’re worried about the endurance of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- 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 considerable role in the company you hire.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Metamora, MI Solar Cost FAQs
What is the average cost of installing solar panels in Metamora?
The average cost of solar panels in Metamora 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 kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Metamora have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
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 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 install 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.