10 Best Rated Solar Companies in Michigan
The Average Cost Of Solar Panels in Michigan
| System Size | Rough Number of Panels | Average Cost Per Watt (USD) | Average Cost Before Tax (USD) | Average Cost After Tax (USD) |
|---|
| 4kW | 10-12 | 3.48 | 13,920 | 9,744 |
| 5kW | 13-15 | 3.69 | 18,450 | 12,915 |
| 6kW | 15-18 | 3.55 | 21,300 | 14,910 |
| 8kW | 20-24 | 2.78 | 22,240 | 15,568 |
| 10kW | 25-29 | 2.70 | 27,000 | 18,900 |
| 12kW | 30-35 | 3.93 | 47,160 | 33,012 |
| 20kW | 50-59 | 2.82 | 56,400 | 39,480 |
The Average Cost Per Watt in Michigan
| System Size | Average Cost Per Watt (USD/W) |
|---|
| 4kW | 3.48 |
| 5kW | 3.69 |
| 6kW | 3.55 |
| 8kW | 2.78 |
| 10kW | 2.70 |
| 12kW | 3.93 |
| 20kW | 2.82 |
The Average Savings in Michigan
| System Size | Average Savings (USD) |
|---|
| 4kW | 7,971 |
| 5kW | 9,220 |
| 6kW | 11,655 |
| 8kW | 19,582 |
| 10kW | 25,365 |
| 12kW | 19,983 |
| 20kW | 49,060 |
The Average Payback Time in Michigan
| System Size | Average Payback Time (years) |
|---|
| 4kW | 14 |
| 5kW | 15 |
| 6kW | 15 |
| 8kW | 11 |
| 10kW | 11 |
| 12kW | 16 |
| 20kW | 12 |
