Solar Panel Cost Guide in Port Sheldon, MI (2024 Update)

  • Port Sheldon Solar Installation Cost: $16,853
  • 25-Year Savings: $22,840
  • Payback Period: 12.2 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated May 20, 2024

Why you can trust EcoWatch

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 Port Sheldon

We go over average solar pricing in Port Sheldon.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Port Sheldon, the typical cost of a solar system is 4 per watt.The average Port Sheldon homeowner needs a 5.9-kilowatt system, which would cost about $16,853 with the federal tax credit, or $24,100 before the 0 tax credit is applied.

How much you pay can go higher or lower than the average in Port Sheldon depending on a few factors, such as the type of solar panels you choose and the solar contractor you hire.For many homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $22,000 in savings on energy bills over 20 years.

You can click the button below to get connected with a top solar installer in Port Sheldon that can help you get a more accurate cost estimate for your home.

Solar savings over time in Port Sheldon

YearReturn on Investment
1 years$-15,600
3 years$-13,092
5 years$-10,585
7 years$-8,078
9 years$-5,570
11 years$-3,063
13 years$-555
15 years$1,952
17 years$4,459
19 years$6,967
21 years$9,474
23 years$11,982
25 years$14,489

Top Solar Installers in Port Sheldon

When switching to solar energy, many homeowners prefer to hire a solar company since handling can be a difficult project. Another great thing about going with a vetted solar installer is that it'll likely provide warranties and free repairs, which help protect your solar investment.

There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:

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

Outstanding Local Installer

The Green Panel

★★★★★
4.5
  • Outstanding customer service
  • Excellent reputation
  • Great warranty coverage
  • No leases or PPAs

See all of the solar companies in Port Sheldon

Factors that Affect Solar Panel Costs in Port Sheldon

The cost of installing a solar system in Port Sheldon can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.

Solar Equipment

One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay about $4,060 per kilowatt in Port Sheldon.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Port Sheldon, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

If paying for a solar system in cash is difficult, solar loans are an affordable option because they reduce your upfront costs and let you pay for your system over five to seven years on average.However, the interest on solar loans also increases your overall costs, so it’s vital to take that into consideration as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.

Solar Panel Installation Company

The remaining major cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in Port Sheldon, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$4.22$17,734$17,17712.7 years
8 kW$4.14$23,191$23,35712.5 years
10 kW$4.06$28,420$29,76412.2 years
12 kW$3.98$33,422$36,39912.0 years
14 kW$3.90$38,196$43,26211.7 years
16 kW$3.82$42,744$50,35211.5 years
18 kW$3.74$47,064$57,66911.2 years
20 kW$3.65$51,156$65,21311.0 years

How to Save on Solar Panels

There are a lot of companies to choose from in Port Sheldon, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:

  • Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
  • Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
  • Warranty: Warranties that cover defective panels and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one indication of a quality company.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of options before deciding.

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

Outstanding Local Installer

The Green Panel

★★★★★
4.5
  • Outstanding customer service
  • Excellent reputation
  • Great warranty coverage
  • No leases or PPAs

EcoWatch's Port Sheldon, MI Solar Cost FAQs

How much does it cost to install solar panels in Port Sheldon?

This is a tough question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $20,300 for a 5-kW system and $40,600 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.

Can you get solar panels for free in Port Sheldon?

You can’t get solar panels for free in Port Sheldon. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.

Is going solar worth it?

Solar panels can be a good investment for a majority of 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 fairly low, solar panels might not be for you.

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 requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home 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.

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.