Solar Panel Cost Guide in Livonia, NY (2024 Update)
- Livonia Solar Installation Cost: $11,906
- 25-Year Savings: $6,272
- Payback Period: 18.7 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Livonia
Find out what the average cost of solar panel installation is in Livonia.
In Livonia, solar panels cost about 4 per watt on average.The average solar panel system size in Livonia is around 4.7 kilowatts, meaning a cost of about $11,906 for a solar installation, or $17,026 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of making the switch to solar can vary quite a bit depending on a few factors, such as how many panels you need, your energy usage and what company you go with.With average savings of about $13,000 on electricity bills over 20 years, many homeowners in Livonia find going solar can be quite rewarding.
You can click the button below to get connected with a pre-vetted solar installer in Livonia for a quote for your home.
Solar savings over time in Livonia
Year | Return on Investment |
---|---|
1 years | $-11,016 |
3 years | $-9,235 |
5 years | $-7,455 |
7 years | $-5,674 |
9 years | $-3,894 |
11 years | $-2,114 |
13 years | $-333 |
15 years | $1,447 |
17 years | $3,228 |
19 years | $5,008 |
21 years | $6,788 |
23 years | $8,569 |
25 years | $10,349 |
Top Solar Installers in Livonia
Although it's possible to install solar panels on your own, it involves extra time and knowledge. Because of that, most people choose a solar panel installer. Local solar companies can also help you optimize your return on investment by walking you through any local incentives and by offering warranties and repairs.
There are a number of licensed solar professionals that can help you install your solar system. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Livonia
Factors that Affect Solar Panel Costs in Livonia
The cost of installing a solar system in Livonia can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest 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 consumes, the larger your system will likely need to be. You can expect to spend around $3,650 per kilowatt in Livonia.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Livonia, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of 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
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are provided by most installers in Livonia, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable.Though solar loans make switching to solar energy more accessible for Livonia homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Livonia is the company you choose to install your PV system. Similar to choosing a company to build a deck or pool, for instance, there’s no shortage of solar installers that provide a range of services for different budgets.Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.80 | $15,943 | $4,522 | 19.5 years |
8 kW | $3.72 | $20,849 | $6,438 | 19.1 years |
10 kW | $3.65 | $25,550 | $8,559 | 18.7 years |
12 kW | $3.58 | $30,047 | $10,884 | 18.4 years |
14 kW | $3.50 | $34,339 | $13,414 | 18.0 years |
16 kW | $3.43 | $38,427 | $16,147 | 17.6 years |
18 kW | $3.36 | $42,311 | $19,086 | 17.2 years |
20 kW | $3.29 | $45,990 | $22,228 | 16.9 years |
How to Save on Solar Panels
There are many companies to choose from in Livonia, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project completion timeline.
- Contract: When looking over your solar installer’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Livonia, NY Solar Cost FAQs
What is the average cost of installing solar panels in Livonia?
The average cost of solar panels in Livonia is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Is it worth going solar in Livonia?
Solar panels can be a fruitful investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.