Solar Panel Cost Guide in Nottawa, MI (2025 Update)
- Nottawa Solar Installation Cost: $17,287
- 25-Year Savings: $21,716
- Payback Period: 12.8 Years
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Average Cost of Solar Panels in Nottawa
Let’s take a look at the average cost of solar in Nottawa.
In Nottawa, solar panels cost about 4 per watt on average.To account for the typical energy usage of the average home in Nottawa, most homeowners require a 6.1-kilowatt system. Using the per-watt figure above, a solar installation costs about $17,287, or $24,720 before the federal solar tax credit of 0 is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy use, the type of solar panels you want, your solar contractor and more.Despite the large upfront cost, the average Nottawa homeowner can save around $21,000 on their energy bills over 20 years, which is one of the positives of solar.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Nottawa
Year | Return on Investment |
---|---|
1 years | $-16,034 |
3 years | $-13,526 |
5 years | $-11,019 |
7 years | $-8,512 |
9 years | $-6,004 |
11 years | $-3,497 |
13 years | $-989 |
15 years | $1,518 |
17 years | $4,025 |
19 years | $6,533 |
21 years | $9,040 |
23 years | $11,548 |
25 years | $14,055 |
Top Solar Installers in Nottawa
Although it's possible to install solar panels by yourself, it involves extra energy and expertise. For that reason, most homeowners choose to hire a solar panel installer. Because solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by reducing potential costs down the line.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some nearby:
See all of the solar companies in Nottawa
Factors that Affect Solar Panel Costs in Nottawa
For many Nottawa homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Nottawa, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $4,060. There are several different solar panel brands and the one you pick also changes the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you choose 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
Many homeowners find the average cost of solar in Nottawa to be too expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The final significant cost factor you should take into consideration is the installer you choose. Given the booming popularity of clean energy solutions in Nottawa, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.The size of the company can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and better 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 promotion can bring their pricing down 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 | $4.22 | $17,734 | $15,488 | 13.3 years |
8 kW | $4.14 | $23,191 | $21,106 | 13.1 years |
10 kW | $4.06 | $28,420 | $26,951 | 12.8 years |
12 kW | $3.98 | $33,422 | $33,023 | 12.6 years |
14 kW | $3.90 | $38,196 | $39,322 | 12.3 years |
16 kW | $3.82 | $42,744 | $45,849 | 12.1 years |
18 kW | $3.74 | $47,064 | $52,604 | 11.8 years |
20 kW | $3.65 | $51,156 | $59,585 | 11.5 years |
How to Save on Solar Panels
There are many companies to choose from in Nottawa, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: The brand of solar panel you want to get plays a part in which company you should opt for, since different companies have access to different panels.
- Contract: Before you sign a contract with a solar installer, make sure you read it through fully so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
EcoWatch's Nottawa, MI Solar Cost FAQs
What is the average cost of installing solar panels in Nottawa?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $20,300 for a 5-kW system and $40,600 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on electricity bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Nottawa, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Nottawa?
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.