Solar Panels in
Herron, MI

Updated 12/4/2021

How much do solar panels cost in Herron, MI in 2021?

As of December 2021, the average solar panel cost in Herron, MI is $3.36/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Herron, MI ranges in cost from $14,280 to $19,320, with the average gross price for solar in Herron, MI coming in at $16,800. After accounting for the 26% Federal Investment Tax Credit (ITC) and other state and local solar incentives, the net price you'll pay for solar can fall by thousands of dollars.

Importantly, these costs are typical for solar shoppers comparing solar quotes on the EnergySage Marketplace. When you compare quotes for solar panels on EnergySage's competitive solar marketplace, you can expect to see prices up to 20% lower than working with a single solar company.

Average solar panel cost by system size in Herron, MI

System Size System Cost System Cost (after ITC)
3 kW $10,080 $7,459
4 kW $13,440 $9,946
5 kW $16,800 $12,432
6 kW $20,160 $14,918
7 kW $23,520 $17,405
8 kW $26,880 $19,891
9 kW $30,240 $22,378
10 kW $33,600 $24,864

2021 average solar panel cost graph in Herron, MI

for a 5kW system

Great Price
$14,280 or less
Market Average
$16,800
Above Market
$19,320 or more
Note: Showing cost data for Alpena County, MI.

Solar installation costs do not include the 26% Federal Investment Tax Credit or local incentives. Learn more about local MI incentives, tax credits & rebates.

Payback Period

11.48 Years

20-Year Savings

$18,954

Cost per Watt

$3.36

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