Solar Panel Cost Guide in Taylor, MI (2025 Update)

  • Taylor Solar Installation Cost: $17,379
  • 25-Year Savings: $13,091
  • Payback Period: 17.3 Years

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By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 24, 2025

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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 Taylor

We break down average solar pricing in Taylor.

While the national average of solar panels is $2.66 per watt, solar panels in Taylor typically cost around 4.The average Taylor homeowner needs a 6.1-kilowatt system, which would cost about $17,379 with the federal tax credit, or $24,852 before the 0 tax credit is applied.

The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of going solar can vary quite a bit based on multiple factors, such as how many panels you need, your energy consumption and what installation company you go with.For most homeowners, the upfront cost of solar is worth paying. On average homeowners in Taylor see about $16,000 in savings on utility bills over 20 years.

To get a free quote from a pre-vetted solar installer in Taylor, you can click the button below.

Solar savings over time in Taylor

YearReturn on Investment
1 years$-15,987
3 years$-13,202
5 years$-10,417
7 years$-7,633
9 years$-4,848
11 years$-2,063
13 years$721
15 years$3,506
17 years$6,291
19 years$9,075
21 years$11,860
23 years$14,645
25 years$17,429

Top Solar Installers in Taylor

Although you can install solar panels yourself, it requires extra time and expertise. Because of that, most people choose to hire a solar panel installer. Also, if you’d like to maximize your investment in solar, opting for a solar company can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives and net metering programs.

Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:

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See all of the solar companies in Taylor

Factors that Affect Solar Panel Costs in Taylor

The cost of installing a solar system in Taylor 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 the equipment you choose, financing options and the solar company you choose.

Solar Equipment

The size of the solar panel system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $4,060. The kind of solar panels and equipment you want is another factor that will substantially impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Plus, solar equipment is more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.

Solar Financing Terms

Most solar companies in Taylor provide solar loans, which reduce your upfront costs of installing a solar system.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.

Solar Panel Installation Company

The remaining significant cost factor you should take into consideration is the installer you choose. Given the growing popularity of green energy solutions in Taylor, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and choose a company that provides the products, warranties and services you’re looking for and also fit into your budget.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$4.22$17,734$6,91318.0 years
8 kW$4.14$23,191$9,67217.6 years
10 kW$4.06$28,420$12,65817.3 years
12 kW$3.98$33,422$15,87217.0 years
14 kW$3.90$38,196$19,31316.6 years
16 kW$3.82$42,744$22,98116.3 years
18 kW$3.74$47,064$26,87715.9 years
20 kW$3.65$51,156$31,00015.6 years

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: Different companies have different brands and models of panels. If you know you want a specific brand, make sure the solar company you’re considering has it.
  • Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Contract: When looking through your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
  • Installation Process: When making the switch to solar power, it’s important to keep an open line of communication with your solar panel company. See to it that you understand how the installation process works and the completion timeline.
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EcoWatch's Taylor, MI Solar Cost FAQs

What is the average cost of installing solar panels in Taylor?

This is a hard question to answer precisely, because the cost depends on a variety of 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. It will cost more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.

Should I lease or buy solar panels in Taylor?

Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.

How much can I save on power bills after installing solar panels?

It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Taylor, that will require at least a 10-kW system. Not all homes 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.

How many solar panels do I need to power my home?

The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.

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.