Solar Panel Cost Guide in Roscommon, MI (2024 Update)
- Roscommon Solar Installation Cost: $17,735
- 25-Year Savings: $23,029
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Roscommon
Find out what the average cost of installing solar panels is in Roscommon.
The average cost of a solar panel system in Roscommon is 4 per watt.Since a 6.2-kW system is needed to cover the energy usage of a typical home in Roscommon, the average price of going solar will be about $17,735 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of installing solar panels can vary based on several factors, such as how many panels you need, your energy consumption and what installation company you go with.For most homeowners, the upfront investment in solar is worth paying. On average Roscommon homeowners see about $21,000 in savings on energy bills over 20 years.
Click the button below to get connected to a top solar company in Roscommon for a personalized quote.
Solar savings over time in Roscommon
| Year | Return on Investment |
|---|---|
| 1 years | $-16,482 |
| 3 years | $-13,974 |
| 5 years | $-11,467 |
| 7 years | $-8,959 |
| 9 years | $-6,452 |
| 11 years | $-3,945 |
| 13 years | $-1,437 |
| 15 years | $1,070 |
| 17 years | $3,578 |
| 19 years | $6,085 |
| 21 years | $8,592 |
| 23 years | $11,100 |
| 25 years | $13,607 |
Top Solar Installers in Roscommon
Although it's possible to install solar panels on your own, it takes extra time and knowledge. Because of that, most people choose to hire a solar panel installer. Local solar installers can also help you maximize your return on investment by walking you through any local incentives and by offering warranties and repairs.
If you’d like to start using solar energy but still aren’t sure which solar system company to go with, here are our suggestions for providers near you:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Solar Veteran
Michigan Solar Solutions
- Great warranty coverage
- Outstanding customer service
- Offers products from leading manufacturers
- Slightly limited service offerings
- No leases or PPAs
Outstanding Local Installer
Strawberry Solar
- 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
See all of the solar companies in Roscommon
Factors that Affect Solar Panel Costs in Roscommon
Even though the average cost of a solar system in Roscommon is $17,735, your actual cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your electric bills. In addition, extra products, such as solar batteries, can bring your total well above the Roscommon average.
Solar Financing Terms
Most solar installers in Roscommon have solar loans, which reduce your upfront costs of installing solar.However, the interest on solar loans also increases your total costs, so it’s crucial to take that into consideration as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar company you pick will impact your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Roscommon know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 | $16,210 | 13.1 years |
| 8 kW | $4.14 | $23,191 | $22,068 | 12.8 years |
| 10 kW | $4.06 | $28,420 | $28,153 | 12.6 years |
| 12 kW | $3.98 | $33,422 | $34,466 | 12.3 years |
| 14 kW | $3.90 | $38,196 | $41,006 | 12.1 years |
| 16 kW | $3.82 | $42,744 | $47,774 | 11.8 years |
| 18 kW | $3.74 | $47,064 | $54,769 | 11.6 years |
| 20 kW | $3.65 | $51,156 | $61,991 | 11.3 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Roscommon, 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:
- Solar Panel Brands: Different companies offer various brands and types of panels. If you want a specific brand, make sure the solar panel company you’re considering has it.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely offer quality solar panel installation and expertise.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Solar Veteran
Michigan Solar Solutions
- Great warranty coverage
- Outstanding customer service
- Offers products from leading manufacturers
- Slightly limited service offerings
- No leases or PPAs
Outstanding Local Installer
Strawberry Solar
- 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
EcoWatch's Roscommon, MI Solar Cost FAQs
How much does it cost to install solar panels in Roscommon?
The average cost of solar panels in Roscommon 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Roscommon?
A solar panel system isn’t free in Roscommon, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can solar panels completely eradicate my energy bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Roscommon, 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.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know 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 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.
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.