The cost of solar panels in Allen Park, MI (2024)

Updated Mar 15, 2024

  • You'll pay an average of $17,005 to install a 5 kilowatt solar panel system in Allen Park, MI, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

  • With EnergySage's competitive marketplace, you can expect to see prices up to 20% lower than if you work with a single company.

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Written by: Emily Walker

As of April 2024, the average solar panel system costs $3.40/W including installation in Allen Park, MI. For a 5 kW installation, this comes out to about $17,005 before incentives, though prices range from $14,454 to $19,556. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Allen Park, MI

Good Price
$14,454 or less
Market Average
$17,005
High Price
$19,556 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Allen Park, MI state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $17,005 in Allen Park, MI, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Allen Park, MI

System Size
System Cost
System Cost (after ITC)
3 kW$10,203$7,142
4 kW$13,604$9,523
5 kW$17,005$11,903
6 kW$20,405$14,284
7 kW$23,806$16,664
8 kW$27,207$19,045
9 kW$30,608$21,426
10 kW$34,009$23,806

Are solar panels worth it in Allen Park, MI?

Solar panels are worth it in most areas, including Allen Park, MI. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $23,630 over 20 years on electricity costs with a 5 kW system in Allen Park, MI. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

If you don't have access to net metering, these estimates don't account for utility net billing rates.

Payback Period
9.95 Years
20-Year Savings
$23,630
Cost-per-Watt
$3.40

If you can't shell out $17,005 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Find out what solar panels cost in your area in 2024
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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in MI, here are some popular suggestions:

  • North Coast Solar
    Davison, MI
    Established 2019
    Elite Installer
    We pride ourselves on providing the truth about how solar will benefit or not benefit our fellow Michiganders. It...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    34 Reviews

    We pride ourselves on providing the truth about how solar will benefit or not benefit our fellow Michiganders. It...
  • YellowLite
    Multi-state
    Established 2009
    Elite Installer
    Solar Power World 2013 through 2022 Top Solar Contractor List. NABCEP Certified. BBB Accredited Business with A+ ...
    Elite Installer
    Screened & Verified
    4.5 /5.0
    72 Reviews

    Solar Power World 2013 through 2022 Top Solar Contractor List. NABCEP Certified. BBB Accredited Business with A+ ...
  • Strawberry Solar
    Detroit, MI
    Established 2010
    Advanced Installer
    Strawberry Solar is headquartered in Detroit, serving the lower peninsula of Michigan. We are staffed with expert...
    Advanced Installer
    Screened & Verified
    5.0 /5.0
    43 Reviews

    Strawberry Solar is headquartered in Detroit, serving the lower peninsula of Michigan. We are staffed with expert...
  • Oak Electric
    Waterford, MI
    Established 1999
    Approved Installer
    We don’t just want to be your solar installer we also want be your electrician, plumber and HVAC contractor. One ...
    Approved Installer
    Screened & Verified
    5.0 /5.0
    5 Reviews

    We don’t just want to be your solar installer we also want be your electrician, plumber and HVAC contractor. One ...
  • Srinergy
    Novi, MI
    Established 2010
    Approved Installer
    We continually seek out the latest technologies in solar energy generation and solar storage as such, have formed...
    Approved Installer
    Screened & Verified
    5.0 /5.0
    4 Reviews

    We continually seek out the latest technologies in solar energy generation and solar storage as such, have formed...

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Allen Park, MI.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Allen Park, MI. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Why shop with EnergySage?

Save time & money

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