Price Of Solar Panels Made In Michigan

Based on the price of electricity in michigan an average of 0 15 per kw and very low amounts of sun 13 less than average compared to other states solar power is 8 more cost effective than the rest of the nation.

Price of solar panels made in michigan.

The price of solar panels has dropped so much that we can make up for the fact that it s not arizona in 2017 89 percent of michigan s electricity came from coal nuclear or natural gas. Most panels come with a 25 year warranty and are expected to provide you energy for 40 years. Solar panels are somewhat recommended in michigan. Michigan homeowners who add solar panels may be able to take advantage of the current 26 federal solar tax credit.

Although there are sunnier states than michigan the average electricity price is around 0 14 kwh which is above the national average. At michigan solar solutions we vet all of our manufacturers to ensure quality is provided to our customers. On a cost per watt w basis a solar panel installation in michigan ranges in price from 2 69 to 3 65. As of september 2020 the average solar panel cost in michigan is 3 17 w.

This is higher than the average price of residential solar power systems across the united states which is currently 2 60 per watt. Currently michigan residents pay an average of 0 14 kwh for electricity which is above the national average. This makes solar power a sound investment because every unit of energy produced is worth more than the average price of electricity in the us. In 2020 they also remain subsidized by the 26 federal tax credit and the net metering law making them an excellent investment.

Solar panel installers in michigan. This analysis is for a 5 kw photo voltaic system exposed to the average sunlight conditions of michigan. As of sep 2020 the average cost of solar panels in michigan is 2 66 per watt making a typical 6000 watt 6 kw solar system 11 797 after claiming the 26 federal solar tax credit now available. The majority of our panels are made in the usa and use many materials made in michigan in their products semiconductors.

Additionally some michigan utility companies offer net metering which allows solar customers to receive a 1 to 1 credit for excess energy their solar power systems send back to the grid. Are solar panels worth it in michigan. Solar panels have fallen in price by more than 80 in the last ten years. The average cost of a solar panel installation in michigan ranges from 13 472 to 18 228.