Solar Panel Cost Guide in Roseville, MI (Mar 2023)
- Roseville Solar Installation Cost: $11,959
- 25-Year Savings: $13,160
- Payback Period: 11.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Roseville
Find out what the average cost of solar panel installation is in Roseville.
In Roseville, solar panels cost about 2.81 per watt on average. Because a 6.1-kW system is needed to cover the energy usage of a typical home in Roseville, the average price of going solar will be about $11,959 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The true cost of installing solar panels can vary depending on a few factors, such as how many panels you need, your energy usage and what solar installer you go with. For many homeowners, the upfront investment in solar panels is worth paying. On average Roseville homeowners see about $16,000 in savings on utility bills over 20 years.
To receive a free estimate from a vetted solar company in Roseville, you can click the button below.
Solar savings over time in Roseville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,955 |
| 3 years | $-8,945 |
| 5 years | $-6,935 |
| 7 years | $-4,926 |
| 9 years | $-2,916 |
| 11 years | $-907 |
| 13 years | $1,103 |
| 15 years | $3,112 |
| 17 years | $5,122 |
| 19 years | $7,132 |
| 21 years | $9,141 |
| 23 years | $11,151 |
| 25 years | $13,160 |
Top Solar Installers in Roseville
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Going with a solar company can make converting to solar power much easier. Local solar companies can also help you optimize your return on investment by assisting with any local incentives you can benefit from and by offering warranties and repairs.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Roseville
Factors that Affect Solar Panel Costs in Roseville
While the average cost of a solar system in Roseville is $11,959, your actual cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The size of the solar energy system you need, 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 $2,810. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Roseville provide solar loans, which reduce your upfront costs of installing solar. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The solar panel installation company you select will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Roseville have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $2.92 | $12,274 | $12,529 | 12.4 years |
| 8 kW | $2.87 | $16,051 | $17,020 | 12.1 years |
| 10 kW | $2.81 | $19,670 | $21,668 | 11.9 years |
| 12 kW | $2.75 | $23,132 | $26,474 | 11.7 years |
| 14 kW | $2.70 | $26,436 | $31,437 | 11.4 years |
| 16 kW | $2.64 | $29,584 | $36,557 | 11.2 years |
| 18 kW | $2.59 | $32,574 | $41,835 | 10.9 years |
| 20 kW | $2.53 | $35,406 | $47,270 | 10.7 years |
How to Save on Solar Panels
The solar company you opt for will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Solar Panel Brands: Different companies carry different brands and types of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
- Reputation: Make sure your solar company 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.
- Contract: Before signing a contract with a solar company, be sure to read it through carefully 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 if there are any guarantees about energy production.
- Warranty: If you're concerned about the longevity of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Roseville, MI Solar Cost FAQs
What is the average cost of installing solar panels in Roseville?
The average cost of solar panels in Roseville is about $14,050 for a 5-kW system and $28,100 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to think about when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Roseville?
Most states have net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
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 larger 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.