Solar Panel Cost Guide in Perry, MI (2025 Update)
- Perry Solar Installation Cost: $17,642
- 25-Year Savings: $18,002
- Payback Period: 14.6 Years
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Average Cost of Solar Panels in Perry
Let’s take a look at the average cost of solar panels in Perry.
The national average cost of solar panels is $2.66 per watt, but in Perry it’s 4 per watt.The average Perry homeowner needs a 6.2-kilowatt system, which would cost about $17,642 with the federal tax credit, or $25,228 before the 0 tax credit is applied.
The true price you pay can be above or below the average in Perry based on a few factors, such as the brand of solar panels you choose and the solar contractor you hire.Many homeowners find adopting solar power is a sound investment. The average homeowner in Perry can save about $18,000 on their power bills over 20 years.
Click the button below to get connected to a reputable solar company in your area for a custom quote.
Solar savings over time in Perry
| Year | Return on Investment |
|---|---|
| 1 years | $-16,388 |
| 3 years | $-13,880 |
| 5 years | $-11,373 |
| 7 years | $-8,866 |
| 9 years | $-6,358 |
| 11 years | $-3,851 |
| 13 years | $-1,343 |
| 15 years | $1,164 |
| 17 years | $3,671 |
| 19 years | $6,179 |
| 21 years | $8,686 |
| 23 years | $11,193 |
| 25 years | $13,701 |
Top Solar Installers in Perry
Although it's possible to install solar panels by yourself, it requires extra time and expertise. That's one of the reasons most people choose to hire a solar panel installer. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and part replacements.
If you’d like to make the switch to solar but still aren’t sure which solar installer to go with, here are our recommendations for providers in Perry:
See all of the solar companies in Perry
Factors that Affect Solar Panel Costs in Perry
There are many criteria that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $4,060 per kilowatt in Perry.There are several different solar panel brands and the one you pick also affects the cost. In general, the brands that have better efficiency tend to also be more expensive. Plus, 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 Perry to be prohibitively expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to paying more over time because of interest.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can play a role in determining your pricing. Perry’s solar companies all have different labor costs and add varying upcharges to equipment. 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 at a higher cost. It’s best to do some research and decide on the company that has the products, warranties and services you want and also is 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 | $4.22 | $17,734 | $11,468 | 15.2 years |
| 8 kW | $4.14 | $23,191 | $15,746 | 14.9 years |
| 10 kW | $4.06 | $28,420 | $20,250 | 14.6 years |
| 12 kW | $3.98 | $33,422 | $24,983 | 14.3 years |
| 14 kW | $3.90 | $38,196 | $29,942 | 14.0 years |
| 16 kW | $3.82 | $42,744 | $35,129 | 13.7 years |
| 18 kW | $3.74 | $47,064 | $40,543 | 13.4 years |
| 20 kW | $3.65 | $51,156 | $46,185 | 13.1 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose significantly affects your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.
- Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years likely provide high-quality solar panel installation and expertise.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
EcoWatch's Perry, MI Solar Cost FAQs
What is the average cost of installing solar panels in Perry?
This is a difficult question to answer precisely, because the cost depends on many 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 cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Perry?
Leasing solar panels can be an attractive choice, because it often comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Does Perry have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out 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 house 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.