Solar Panel Cost Guide in White Pigeon, MI (2024 Update)
- White Pigeon Solar Installation Cost: $17,287
- 25-Year Savings: $19,655
- Payback Period: 13.7 Years
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Average Cost of Solar Panels in White Pigeon
We break down average solar pricing in White Pigeon.
Although the national average of solar panels is $2.66 per watt, solar panels in White Pigeon typically cost about 4.Using this figure, a typical 6.1-kW system would cost about $17,287 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average White Pigeon homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.With average savings of about $20,000 on electricity bills over 20 years, many homeowners in White Pigeon find going solar can pay off big.
You can click the button below to get connected with a top solar company in White Pigeon for a quote for your home.
Solar savings over time in White Pigeon
| Year | Return on Investment |
|---|---|
| 1 years | $-16,034 |
| 3 years | $-13,526 |
| 5 years | $-11,019 |
| 7 years | $-8,512 |
| 9 years | $-6,004 |
| 11 years | $-3,497 |
| 13 years | $-989 |
| 15 years | $1,518 |
| 17 years | $4,025 |
| 19 years | $6,533 |
| 21 years | $9,040 |
| 23 years | $11,548 |
| 25 years | $14,055 |
Top Solar Installers in White Pigeon
When going solar, many homeowners opt to hire a solar installation company since DIY solar panel installation can be a difficult project. A solar company can also help save you money over time by offering warranties, repairs and system component replacements.
If you're on the hunt for a solar installer in White Pigeon, we've compiled a list of our top suggestions here:
See all of the solar companies in White Pigeon
Factors that Affect Solar Panel Costs in White Pigeon
The cost of installing a solar system in White Pigeon can vary by more than $10,000 from home to home. Your actual cost depends 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
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 electricity your household uses, the larger your system will likely need to be. You can expect to pay around $4,060 per kilowatt in White Pigeon.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like White Pigeon, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, 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
If paying for solar panels in cash is too expensive, solar loans are a solid option because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also increases your all-in costs, so it’s crucial to consider that as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you opt for to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout White Pigeon, and each can charge varying amounts for labor and equipment.You may come across national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $13,455 | 14.2 years |
| 8 kW | $4.14 | $23,191 | $18,395 | 13.9 years |
| 10 kW | $4.06 | $28,420 | $23,562 | 13.7 years |
| 12 kW | $3.98 | $33,422 | $28,957 | 13.4 years |
| 14 kW | $3.90 | $38,196 | $34,579 | 13.1 years |
| 16 kW | $3.82 | $42,744 | $40,428 | 12.8 years |
| 18 kW | $3.74 | $47,064 | $46,505 | 12.6 years |
| 20 kW | $3.65 | $51,156 | $52,809 | 12.3 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
- Installation Process: When making the switch to solar power, it’s crucial to keep an open line of communication with your solar company. Make sure you understand how the installation process works and the project completion timeline.
EcoWatch's White Pigeon, MI Solar Cost FAQs
What is the average cost of installing solar panels in White Pigeon?
This is a tough question to answer exactly, because the cost depends on many 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 be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
Cost is a very important factor to consider, but whether it’s the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is it worth going solar in White Pigeon?
Solar panels can be a fruitful investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption 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 install 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.