Is it worth getting solar in Michigan?
Generally speaking, yes, going solar will save you money in Michigan, as your panels will help you offset or even eliminate the high electricity rates in the Great Lakes State. On average, Michiganders pay off their solar power systems in just 10 years, after which they will enjoy 15 years of energy savings.
Are solar panels free in Michigan?
Michigan solar panel cost Every residential solar system is different, but the average system costs between $3 and $5 per watt, with a 5-kW system costing between $15,000 and $25,000 before taxes, rebates, and other financial incentives.
Do solar panels work in Michigan winter?
Another interesting fact is that the best production from a solar panel in Michigan is in the early spring when the air is cold, the sky is clear and the sun is reflecting off of all of the surrounding snow covered surfaces. Solar panels actually perform better in the cold.
How much does it cost to put solar panels on your house in Michigan?
$13,260 to $17,940
How much do solar panels cost in Michigan? The average cost of a solar panel installation in Michigan ranges from $13,260 to $17,940. On a cost per watt ($/W) basis, a solar panel installation in Michigan ranges in price from $2.65 to $3.59.
Do solar panels make sense in Michigan?
Solar electric panels actually work better when they are cold. Michigan’s latitude and climate allow for excellent solar production. Further, the solar laws in Michigan benefit solar owners, enabling solar to make good sense! This allows homeowners to offset most, if not all, of their electrical usage.
Does Michigan get enough sun for solar panels?
Michigan’s climate creates more voltage per sunlight hour than hotter climates like Southern California, Arizona and Florida because solar panels perform better in colder temperatures. On a yearly average, Michigan has approximately 4.1 hours of peak sunlight per day.
How efficient is solar in Michigan?
Comparing Michigan Solar Panel Options They typically come with an efficiency rate of 14% but may have a slightly lower return on investment. HIP solar panels are designed for shade-free installation and have an efficiency rate of 16%.