Solar Panel Cost Guide in Hadley, MI (2024 Update)
- Hadley Solar Installation Cost: $17,632
- 25-Year Savings: $14,371
- Payback Period: 16.6 Years
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Average Cost of Solar Panels in Hadley
Find out how much it might cost to install solar panels in Hadley.
While the national average of solar panels is $2.66 per watt, solar panels in Hadley typically cost around 4.Because a 6.2-kW system is needed to cover the energy usage of a typical home in Hadley, the average price of going solar will be about $17,632 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy needs, the type of equipment you choose, your solar contractor and more.Many homeowners find going solar is a sound investment. The average homeowner in Hadley can save about $16,000 on their energy bills over 20 years.
You can click the button below to get connected with a vetted solar company in Hadley that can help you get a more accurate cost estimate for your home.
Solar savings over time in Hadley
| Year | Return on Investment |
|---|---|
| 1 years | $-16,286 |
| 3 years | $-13,594 |
| 5 years | $-10,902 |
| 7 years | $-8,209 |
| 9 years | $-5,517 |
| 11 years | $-2,825 |
| 13 years | $-133 |
| 15 years | $2,560 |
| 17 years | $5,252 |
| 19 years | $7,944 |
| 21 years | $10,636 |
| 23 years | $13,329 |
| 25 years | $16,021 |
Top Solar Installers in Hadley
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Using a solar company can make your swap to solar power much easier. Another great thing about choosing a vetted solar installer is that it'll likely provide warranties and free repairs, which help protect your solar investment.
If you’d like to go solar but still aren’t certain which solar panel installer to go with, here are our suggestions for providers near you:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Solar Veteran
Michigan Solar Solutions
- Great warranty coverage
- Outstanding customer service
- Offers products from leading manufacturers
- Slightly limited service offerings
- No leases or PPAs
Outstanding Local Installer
Strawberry Solar
- Outstanding customer service
- Representatives are experts on local policies
- Educational, no-pressure sales approach
- Limited warranty coverage
- No leases or PPAs
- Limited brands of solar equipment available
See all of the solar companies in Hadley
Factors that Affect Solar Panel Costs in Hadley
Although the average cost of a solar system in Hadley is $17,632, your final cost may differ. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $4,060. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the Hadley average.
Solar Financing Terms
Most solar installers in Hadley provide solar loans, which reduce the initial cost of installing solar.When figuring out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you opt for to handle your switch to solar energy can play a role in your total costs. There are about 3 solar panel companies in Hadley, and each can charge varying amounts for labor and equipment.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $4.22 | $17,734 | $7,966 | 17.3 years |
| 8 kW | $4.14 | $23,191 | $11,076 | 16.9 years |
| 10 kW | $4.06 | $28,420 | $14,413 | 16.6 years |
| 12 kW | $3.98 | $33,422 | $17,978 | 16.3 years |
| 14 kW | $3.90 | $38,196 | $21,770 | 15.9 years |
| 16 kW | $3.82 | $42,744 | $25,790 | 15.6 years |
| 18 kW | $3.74 | $47,064 | $30,037 | 15.3 years |
| 20 kW | $3.65 | $51,156 | $34,511 | 14.9 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: Warranties that provide coverage for replacement parts and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a good company.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of options before deciding.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project completion timeline.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Solar Veteran
Michigan Solar Solutions
- Great warranty coverage
- Outstanding customer service
- Offers products from leading manufacturers
- Slightly limited service offerings
- No leases or PPAs
Outstanding Local Installer
Strawberry Solar
- Outstanding customer service
- Representatives are experts on local policies
- Educational, no-pressure sales approach
- Limited warranty coverage
- No leases or PPAs
- Limited brands of solar equipment available
EcoWatch's Hadley, MI Solar Cost FAQs
What is the average cost of installing solar panels in Hadley?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $20,300 for a 5-kW system and $40,600 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Are solar panels free in Hadley?
Solar panels aren’t free in Hadley, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can you sell solar power back to the grid in Hadley?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future electricity bills.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.