Solar Panel Cost Guide in Quincy, MI (2025 Update)
- Quincy Solar Installation Cost: $17,237
- 25-Year Savings: $20,792
- Payback Period: 13.2 Years
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Average Cost of Solar Panels in Quincy
Find out what the average cost of a solar system is in Quincy.
The national average cost of solar panels is $2.66 per watt, but in Quincy it’s 4 per watt.Since a 6.1-kW system is needed to cover the energy costs of a typical home in Quincy, the average price of going solar will be about $17,237 after claiming the federal solar tax credit of 0.
These figures are only averages, and how much solar costs for you may differ based on the amount of energy your home requires and what company you go with.For most homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Quincy see about $21,000 in savings on energy bills over 20 years.
Click the button below to get connected to a top solar installer in your area for a personalized estimate.
Solar savings over time in Quincy
| Year | Return on Investment |
|---|---|
| 1 years | $-15,983 |
| 3 years | $-13,476 |
| 5 years | $-10,968 |
| 7 years | $-8,461 |
| 9 years | $-5,954 |
| 11 years | $-3,446 |
| 13 years | $-939 |
| 15 years | $1,568 |
| 17 years | $4,076 |
| 19 years | $6,583 |
| 21 years | $9,091 |
| 23 years | $11,598 |
| 25 years | $14,105 |
Top Solar Installers in Quincy
Many homeowners opt for a solar panel company since figuring out how to install solar panels by yourself can be hard. Some solar installers, particularly local ones, can help you better understand incentives in Quincy, optimizing your ROI.
If you’d like to make the switch to solar but still aren’t certain which solar panel installer to go with, here are our recommendations for providers near you:
See all of the solar companies in Quincy
Factors that Affect Solar Panel Costs in Quincy
The cost of installing a solar system in Quincy can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar panel system in Quincy, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can figure out by looking at past electricity bills. Your total cost can increase by about $4,060 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Quincy, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Quincy to be too steep, 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 result in paying more over time because of interest.Though solar loans make going solar more accessible for Quincy homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar company you opt for to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Quincy, and each can charge varying amounts for labor and equipment.You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $14,637 | 13.7 years |
| 8 kW | $4.14 | $23,191 | $19,970 | 13.4 years |
| 10 kW | $4.06 | $28,420 | $25,531 | 13.2 years |
| 12 kW | $3.98 | $33,422 | $31,320 | 12.9 years |
| 14 kW | $3.90 | $38,196 | $37,335 | 12.6 years |
| 16 kW | $3.82 | $42,744 | $43,578 | 12.4 years |
| 18 kW | $3.74 | $47,064 | $50,049 | 12.1 years |
| 20 kW | $3.65 | $51,156 | $56,747 | 11.9 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose significantly impacts 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 you need to do before your solar panel system is installed, such as repairing your electrical system or roof.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely provide quality solar panel installation and expertise.
- Warranty: If you’re worried about the durability of your solar energy system, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Different companies have various brands and models of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
EcoWatch's Quincy, MI Solar Cost FAQs
How much does it cost to install solar panels in Quincy?
The average cost of solar panels in Quincy is about $20,300 for a 5-kW system and $40,600 for a 10-kW system before the ITC, but the real cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Can solar panels significantly reduce my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,079.03 per year.
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 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.