Cost of Solar in Detroit
Solar panels are more affordable than ever. Find out what works for your home!
Going solar in the Detroit area has become more affordable over time.
With industry technology advancing over time, going solar in Detroit has become a more affordable prospect. You should know, however, that the cost of your solar system will vary based on a few factors, including your home, electricity use and ongoing energy goals. Our experts can help you come up with a personalized solution based on your unique situation, narrowing down to how many solar panels will suit your home.
Calculating Your Solar Panel Cost
Calculating the average cost of solar panels isn’t as easy as it may seem, since it depends on each home. Each residential solar system we install is done to best accomplish their specific energy goals. With that said, you can estimate what solar panels for your home will cost based on dollars per watt. Watts measure how much energy your home makes use of, and is also the unit of measurement for solar production.
The number of panels your Detroit home will need is found based on how many watts your home typically needs. Once that number is located, our experts can build out a custom solar solution for you. How many solar panels your home needs plus installation costs will determine your overall cost for a solar system.
Your Detroit Solar Panel Installation Cost Includes The Following:
Step
1
Installation Equipment
Everything you’ll need to install your solar system is included in this, from solar panels, inverters, wiring, conduit, battery and mounting racks and hardware.
Step
2
A Custom-Designed Solar System
After you sign the contract, our solar experts design your system, including filing relevant permits and completing preparations for installation day setup.
Step
3
All Installation Day Procedures
Our experienced team will arrive on installation day to install and test out your system carefully, making sure everything is working as intended before cleaning up our workspace, leaving your property as we found it.
Cost of Solar FAQs
How much do solar panels cost in Detroit?
It depends on the number of panels required for your home’s unique needs as well as your home’s location. Pink Energy calculates the cost based on dollars per watt. Keep in mind that installation costs will factor into how much a solar panel system will be as well.
Do solar panels increase home value in Detroit?
Potentially! According to this 2018 Zillow study, homes with solar panels installed may sell by up to 4.1% more than homes without. Buyers appreciate energy-efficient homes powered by renewable energy sources!
Are solar panels a good investment in Detroit?
Solar panels are an excellent investment. Given their longevity (about 25 years), solar panels can potentially save you thousands of dollars off your electric bills over time.
How much is the federal tax credit for solar panels?
The federal solar tax credit is 26% of your total solar investment through the end of 2022. This percentage goes down to 22% through the end of 2023 and is unavailable for residential solar systems after that. Tax credits are subject to change and eligibility for federal tax credits depends on your individual and financial circumstances, so we recommend you always consult with your accountant or tax advisor to determine your eligibility.⁵
