Solar Panel Cost Guide in Mount Clemens, MI (Jan 2023)

  • Mount Clemens Solar Installation Cost: $11,959
  • 25-Year Savings: $13,160
  • Payback Period: 11.9 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Mount Clemens

Here's how much it might cost to install solar panels in Mount Clemens.

The average cost of a solar panel system in Mount Clemens is $3 per watt. Using this figure, a typical 6.1 would cost about $11,959 before the 30% federal solar tax credit is applied.

How much you pay can be above or below the average in Mount Clemens depending on several factors, such as the type of solar panels you choose and the solar installer you hire. But, once you've paid the initial cost of installation, the return on investment for most homeowners is usually good, with a net average savings of about $16,000 over 20 years on electricity bills.

To get a free quote from a vetted solar installation company in Mount Clemens, you can click the button below.

Solar savings over time in Mount Clemens

Year Return on Investment
1 years $-10,955
3 years $-8,945
5 years $-6,935
7 years $-4,926
9 years $-2,916
11 years $-907
13 years $1,103
15 years $3,112
17 years $5,122
19 years $7,132
21 years $9,141
23 years $11,151
25 years $13,160

Top Solar Installers in Mount Clemens

Although it's possible to install solar panels yourself, it involves extra effort and knowledge. Because of that, most people choose to go with a solar panel installer. Plus, if you're unsure what brand of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.

If you'd like to make the switch to solar but still aren't sure which solar panel installer to go with, here are our suggestions for providers in Mount Clemens:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Outstanding customer service
  • Offers products from leading manufacturers
  • Slightly limited service offerings
  • No leases or PPAs

Outstanding Local Installer

Strawberry Solar

★★★★★
4.5

  • 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 Mount Clemens

Factors that Affect Solar Panel Costs in Mount Clemens

Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that determine your overall cost in Mount Clemens: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.

Solar Equipment

One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay about $2,810 per kilowatt in Mount Clemens. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your power bills. Additionally, extra products, such as solar batteries, can bring your total well above the Mount Clemens average.

Solar Financing Terms

Most solar installers in Mount Clemens have solar loans, which reduce your upfront costs of installing solar. When figuring out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.

Solar Panel Installation Company

A final consideration when trying to estimate the cost of solar for your home or business in Mount Clemens is the company you hire to install your PV system. As with choosing a company to build a deck or pool, for example, you'll have many options for solar installers that provide a range of services at different price points. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. 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 $2.92 $12,274 $12,529 12.4 years
8 kW $2.87 $16,051 $17,020 12.1 years
10 kW $2.81 $19,670 $21,668 11.9 years
12 kW $2.75 $23,132 $26,474 11.7 years
14 kW $2.70 $26,436 $31,437 11.4 years
16 kW $2.64 $29,584 $36,557 11.2 years
18 kW $2.59 $32,574 $41,835 10.9 years
20 kW $2.53 $35,406 $47,270 10.7 years

How to Save on Solar Panels

The solar company you go with will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:

  • 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 significant role in the company you choose.
  • Contract: Read the contract terms carefully to make sure you understand the cost breakdown, completion timeline rebates and warranties.
  • Reputation: Solar installers that have great reviews from their customers and that have been operating for many years likely offer quality solar panel installation and expertise.
  • Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a quality company.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Outstanding customer service
  • Offers products from leading manufacturers
  • Slightly limited service offerings
  • No leases or PPAs

Outstanding Local Installer

Strawberry Solar

★★★★★
4.5

  • 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 Mount Clemens, MI Solar Cost FAQs

What is the average cost of installing solar panels in Mount Clemens?

This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $14,050 for a 5-kW system and $28,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.

Should I lease or buy solar panels in Mount Clemens?

Leasing solar panels can be an option if you can't afford to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home 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 bang for your buck from going solar.

How will having solar panels impact how much my home is worth?

Solar panels can increase your home value considerably as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can 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.

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