Solar Panel Cost Guide in Napoleon, MI (2025 Update)
- Napoleon Solar Installation Cost: $17,403
- 25-Year Savings: $22,478
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Napoleon
Find out how much it might cost to go solar in Napoleon.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Napoleon, the typical cost of solar panels is 4 per watt.Because a 6.1-kW system is needed to cover the energy usage of a typical home in Napoleon, the average price of going solar will be about $17,403 after claiming the federal solar tax credit of 0.
The actual price you pay can go higher or lower than the average in Napoleon depending on a few factors, such as the model of solar panels you choose and the solar company you hire.With typical savings of about $21,000 on electricity bills over 20 years, many homeowners in Napoleon find installing solar panels can be quite rewarding.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Napoleon
Year | Return on Investment |
---|---|
1 years | $-16,149 |
3 years | $-13,642 |
5 years | $-11,135 |
7 years | $-8,627 |
9 years | $-6,120 |
11 years | $-3,612 |
13 years | $-1,105 |
15 years | $1,402 |
17 years | $3,910 |
19 years | $6,417 |
21 years | $8,925 |
23 years | $11,432 |
25 years | $13,939 |
Top Solar Installers in Napoleon
Installing solar panels on your own can be a dangerous undertaking, which is why hiring a solar installation company is a good option for many homeowners. Also, companies with a good reputation that cost more upfront could actually save you money in the long run due to their warranties, repair services and expert design.
If you’d like to go solar but still aren’t sure which solar system company to go with, here are our recommendations for providers nearby:
See all of the solar companies in Napoleon
Factors that Affect Solar Panel Costs in Napoleon
For many Napoleon homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Napoleon, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar system you need, 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 brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
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 Napoleon homeowners opt to finance their solar panel systems to offset upfront costs.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you hire to install your solar panels can impact the cost. Napoleon’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Napoleon have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $16,093 | 13.1 years |
8 kW | $4.14 | $23,191 | $21,912 | 12.9 years |
10 kW | $4.06 | $28,420 | $27,958 | 12.6 years |
12 kW | $3.98 | $33,422 | $34,232 | 12.4 years |
14 kW | $3.90 | $38,196 | $40,733 | 12.1 years |
16 kW | $3.82 | $42,744 | $47,461 | 11.8 years |
18 kW | $3.74 | $47,064 | $54,417 | 11.6 years |
20 kW | $3.65 | $51,156 | $61,600 | 11.3 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years likely provide quality solar panel installation and expertise.
- Installation Process: When going solar, it’s important to keep an open line of communication with your solar installer. Confirm that you understand how the installation process will go and the project timeline.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it carefully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
EcoWatch's Napoleon, MI Solar Cost FAQs
What is the average cost of installing solar panels in Napoleon?
The average cost of solar panels in Napoleon 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 things 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 thing to consider when buying solar panels?
The initial cost is a key 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 keep in mind are the quality and durability of your solar panels.
Is making the switch to solar worth it?
Solar panels can be a great investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already pretty low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.