Solar Panel Cost Guide in Thornapple, MI (Feb 2023)
- Thornapple Solar Installation Cost: $12,058
- 25-Year Savings: $22,447
- Payback Period: 8.7 Years
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Top Solar Installers in Thornapple
Many homeowners opt for a solar installer since trying to put up solar panels by yourself can be hard. Local solar companies can also help you optimize your return on investment by walking you through any local incentives you can benefit from and by providing warranties and repairs.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Thornapple
Factors that Affect Solar Panel Costs in Thornapple
There are several criteria that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it's a priority 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, more efficient panels could save you more over time on your energy bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Thornapple average.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a popular choice because they lower your upfront costs and allow you to pay for your system over five to seven years on average. When considering your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Thornapple is the company you hire to install your solar panel system. Similar to choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services at different costs. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and choose a company that provides the products, warranties and services you want and also fits within your budget.
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||$21,492||9.1 years|
|8 kW||$2.87||$16,051||$28,971||8.9 years|
|10 kW||$2.81||$19,670||$36,607||8.7 years|
|12 kW||$2.75||$23,132||$44,401||8.6 years|
|14 kW||$2.70||$26,436||$52,351||8.4 years|
|16 kW||$2.64||$29,584||$60,460||8.2 years|
|18 kW||$2.59||$32,574||$68,725||8.0 years|
|20 kW||$2.53||$35,406||$77,148||7.9 years|
How to Save on Solar Panels
Since the type of solar panels and the installer you choose considerably affects your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: It's important to read your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Solar Panel Brands: The kind of solar panel you want to install plays a part in which installer you should opt for, since different companies have access to different panels.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
EcoWatch's Thornapple, MI Solar Cost FAQs
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.