Solar Panel Cost Guide in York, MI (2023 Update)
- York Solar Installation Cost: $12,058
- 25-Year Savings: $13,062
- Payback Period: 12.0 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in York
Let's have a look at the average cost of solar in York.
In York, solar panels cost about 2.81 per watt on average. The average York homeowner needs a 6.1-kilowatt system, which would cost about $12,058 with the federal tax credit, or $17,243 before the 30% tax credit is applied.
These figures are just estimates, and the cost of going solar for you will most likely differ based on your specific situation and what company you choose to go with. Many homeowners find going solar is a rewarding investment. The average homeowner in York can save about $16,000 on their energy bills over 20 years.
To get a free estimate from a top solar installation company in York, you can click the button below.
Solar savings over time in York
Year | Return on Investment |
---|---|
1 years | $-11,053 |
3 years | $-9,043 |
5 years | $-7,034 |
7 years | $-5,024 |
9 years | $-3,015 |
11 years | $-1,005 |
13 years | $1,005 |
15 years | $3,014 |
17 years | $5,024 |
19 years | $7,033 |
21 years | $9,043 |
23 years | $11,052 |
25 years | $13,062 |
Top Solar Installers in York
Although you can install solar panels yourself, it takes extra effort and expertise. Because of that, almost all homeowners choose to hire a solar panel installer. The expertise that solar installers provide can be valuable as well, particularly if you don't quite know what type of solar equipment you need.
If you're searching for a solar company in York, the EcoWatch team has organized a list of our top suggestions here:
Solar Veteran
Michigan Solar Solutions
- Great warranty coverage
- Outstanding customer service
- Offers products from leading manufacturers
- Slightly limited service offerings
- No leases or PPAs
Outstanding Local Installer
Strawberry Solar
- Outstanding customer service
- Representatives are experts on local policies
- Educational, no-pressure sales approach
- Limited warranty coverage
- No leases or PPAs
- Limited brands of solar equipment available
See all of the solar companies in York
Factors that Affect Solar Panel Costs in York
There are several factors that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,810. There are several different solar panel brands and the one you choose also changes the cost. Generally, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are an affordable route because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years. When considering your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The final key cost factor you should consider is the installer you choose. Given the growing popularity of renewable energy solutions in York, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. You may come across national solar installers that have lower prices due to their bigger 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 | $2.92 | $12,274 | $12,316 | 12.5 years |
8 kW | $2.87 | $16,051 | $16,737 | 12.2 years |
10 kW | $2.81 | $19,670 | $21,314 | 12.0 years |
12 kW | $2.75 | $23,132 | $26,049 | 11.8 years |
14 kW | $2.70 | $26,436 | $30,941 | 11.5 years |
16 kW | $2.64 | $29,584 | $35,991 | 11.3 years |
18 kW | $2.59 | $32,574 | $41,198 | 11.0 years |
20 kW | $2.53 | $35,406 | $46,562 | 10.8 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose has an impact on 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:
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should secure and how long the project will take.
- Contract: Read the contract terms carefully to make sure you understand the overall cost, completion timeline rebates and warranties.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years likely offer quality solar panel installation and expertise.
- 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 big role in the company you choose.
Solar Veteran
Michigan Solar Solutions
- Great warranty coverage
- Outstanding customer service
- Offers products from leading manufacturers
- Slightly limited service offerings
- No leases or PPAs
Outstanding Local Installer
Strawberry Solar
- Outstanding customer service
- Representatives are experts on local policies
- Educational, no-pressure sales approach
- Limited warranty coverage
- No leases or PPAs
- Limited brands of solar equipment available
EcoWatch's York, MI Solar Cost FAQs
How much does it cost to install solar panels in York?
This is a hard question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $14,050 for a 5-kW system and $28,100 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
The initial cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Can you sell solar power back to the grid in York?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future utility bills.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.