Getting a loan to pay for the solar pv system and its installation preferably a low interest loan such as a heloc home equity line of credit.
Home solar panels michigan.
If you want to install a solar pv system in michigan for 0 down you have two options.
Michigan homeowners who add solar panels may be able to take advantage of the current 26 federal solar tax credit.
How long does it take to earn back your initial investment in solar panels.
Whether you live in detroit or out in green ann arbor the great lake state has a wealth of sunshine and plenty of solar incentives to offer homeowners.
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.
At the end of 2020 the amount of the credit will decrease from 26 to 22 of the cost of the solar installation.
The upper peninsula of michigan s first choice for solar power.
Purchase solar at the lowest price of any national provider with tesla s price match guarantee and take control of your monthly electricity bill.
Take a look past completed residential and commercial solar installations.
Learn more about your potential savings in our design studio.
On a cost per watt w basis a solar panel installation in michigan ranges in price from 2 69 to 3 65.
Solar incentives rebates and tax credits available in michigan in 2020 the most significant incentive to install solar panels for homes and businesses is the federal solar tax credit.
In addition to solar panels and batteries the powerhome solar package will offer generac s automatic home backup generators that run on natural gas or propane.
Solar panels harness energy from the sun and systems convert that energy into a usable form for a home or business.
This is higher than the average price of residential solar power systems across the united states which is currently 2 60 per watt.
Learn more about the many programs rebates and incentives in michigan and find out why so many of your neighbors are putting solar panels on their roofs.
We are one of the few companies that have a full time service department monitoring our customer s solar arrays via the internet.
The best way to compare your solar options and save money at the same time is by registering on the energysage marketplace.
Over a decade of providing solar installations in michigan michigan solar solutions mss designs and installs commercial residential municipal non profit and educational solar arrays across the state.
In michigan the average solar payback period is 10 31 years.
Powerhome solar s partnership with generac the nation s largest provider of in home backup battery and generator systems provides customers with an energy package designed to offer backup power and smart energy management.
A solar payback period is the amount of time it takes for property owners who install solar panels to recover their initial investment through electricity savings.