Solar Panel Cost Guide in Sparta, MI (2024 Update)
- Sparta Solar Installation Cost: $17,551
- 25-Year Savings: $22,357
- Payback Period: 12.7 Years
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Average Cost of Solar Panels in Sparta
Here’s how much it might cost to make the switch to solar in Sparta.
Although the national average of solar panels is $2.66 per watt, solar panels in Sparta generally cost around 4.The average solar panel system size in Sparta is around 6.2 kilowatts, meaning a cost of about $17,551 for a solar installation, or $25,098 before the 0 federal solar tax credit is applied.
The true price you pay can be above or below the average in Sparta based on a few factors, such as the model of solar panels you choose and the solar installer you hire.Many homeowners find adopting solar power is a solid investment. The average homeowner in Sparta can save around $21,000 on their power bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Sparta
| Year | Return on Investment |
|---|---|
| 1 years | $-16,297 |
| 3 years | $-13,790 |
| 5 years | $-11,282 |
| 7 years | $-8,775 |
| 9 years | $-6,268 |
| 11 years | $-3,760 |
| 13 years | $-1,253 |
| 15 years | $1,255 |
| 17 years | $3,762 |
| 19 years | $6,269 |
| 21 years | $8,777 |
| 23 years | $11,284 |
| 25 years | $13,792 |
Top Solar Installers in Sparta
Many homeowners decide to use a solar panel company since figuring out how to install solar panels yourself can be a lot of work. The payback period on an investment in solar panels will vary based on factors like your roof configuration and energy consumption, but working with a solar installer can help you reach a break-even point sooner. Your provider will be able to help you get the most out of incentives available in your area.
If you’d like to start using solar energy but still aren’t certain which solar system company to go with, here are our suggestions for providers near you:
See all of the solar companies in Sparta
Factors that Affect Solar Panel Costs in Sparta
The cost of installing a solar system in Sparta can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
One of the most significant 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 power your household uses, the larger your system will likely need to be. You can expect to spend about $4,060 per kilowatt in Sparta.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Sparta, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited 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 Sparta to be prohibitively steep, even if the investment pays off over time. Thankfully, almost every solar company in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to higher prices over time because of interest.However, the interest on solar loans also adds to your overall costs, so it’s crucial to include that in your estimate as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Sparta is the company you choose to install your solar panel system. Similar to choosing a company to install new cabinets, for instance, there’s no shortage of solar installers that offer a range of services for different budgets.You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials 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 | $15,789 | 13.2 years |
| 8 kW | $4.14 | $23,191 | $21,507 | 13.0 years |
| 10 kW | $4.06 | $28,420 | $27,452 | 12.7 years |
| 12 kW | $3.98 | $33,422 | $33,625 | 12.5 years |
| 14 kW | $3.90 | $38,196 | $40,025 | 12.2 years |
| 16 kW | $3.82 | $42,744 | $46,652 | 12.0 years |
| 18 kW | $3.74 | $47,064 | $53,507 | 11.7 years |
| 20 kW | $3.65 | $51,156 | $60,589 | 11.4 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years most likely provide quality solar panel installation and expertise.
- Solar Panel Brands: The model of solar panel you need to get plays a role in which installer you should go with, since different companies provide different panels.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
EcoWatch's Sparta, MI Solar Cost FAQs
How much does it cost to install solar panels in Sparta?
This is a hard question to answer precisely, because the cost depends on a few different 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 be more expensive if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Are solar panels free in Sparta?
You can’t get solar panels for free in Sparta. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location 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 $1,117.45 per year.
How long do solar panels last in Sparta?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.