Solar Panel Cost Guide in Windsor, MI (2025 Update)
- Windsor Solar Installation Cost: $17,540
- 25-Year Savings: $21,556
- Payback Period: 13.0 Years
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Average Cost of Solar Panels in Windsor
We break down average solar pricing in Windsor.
The average cost of a solar system in Windsor is 4 per watt.The average solar panel system size in Windsor is around 6.2 kilowatts, meaning a cost of about $17,540 for a solar installation, or $25,082 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy consumption, the type of solar panels you choose, your solar contractor and more.For most homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $21,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a highly rated solar company in Windsor for a custom quote.
Solar savings over time in Windsor
Year | Return on Investment |
---|---|
1 years | $-16,286 |
3 years | $-13,779 |
5 years | $-11,271 |
7 years | $-8,764 |
9 years | $-6,257 |
11 years | $-3,749 |
13 years | $-1,242 |
15 years | $1,266 |
17 years | $3,773 |
19 years | $6,280 |
21 years | $8,788 |
23 years | $11,295 |
25 years | $13,803 |
Top Solar Installers in Windsor
Many homeowners opt for a solar panel installer since installing solar panels on your own can be a lot of work. Since solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:
See all of the solar companies in Windsor
Factors that Affect Solar Panel Costs in Windsor
While the average cost of a solar system in Windsor is $17,540, your actual cost may be higher or lower than that. There are quite a few factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $4,060. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That’s why many Windsor homeowners opt to finance their solar panel systems to make paying for solar more affordable.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Windsor is the company you choose to install your solar panel system. Similar to choosing a company to build a deck or pool, for example, you’ll have many options for solar installers that provide a range of services for different budgets.You may come across national solar installers that have lower prices because of their larger brand name and access to bulk pricing, 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 | $15,024 | 13.5 years |
8 kW | $4.14 | $23,191 | $20,487 | 13.3 years |
10 kW | $4.06 | $28,420 | $26,177 | 13.0 years |
12 kW | $3.98 | $33,422 | $32,095 | 12.8 years |
14 kW | $3.90 | $38,196 | $38,239 | 12.5 years |
16 kW | $3.82 | $42,744 | $44,612 | 12.2 years |
18 kW | $3.74 | $47,064 | $51,211 | 12.0 years |
20 kW | $3.65 | $51,156 | $58,038 | 11.7 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Windsor, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
EcoWatch's Windsor, MI Solar Cost FAQs
How much does it cost to install solar panels in Windsor?
This is a hard 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. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Windsor?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property 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.
Can solar panels significantly reduce my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,091.94 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of 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 buy 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.