Solar Panels in
New Troy, MI

Updated 6/8/2019

How much do solar panels cost in New Troy, MI in 2019?

As of August 2019, the average solar panel cost in New Troy, MI is $3.10/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in New Troy, MI ranges in cost from $13,175 to $17,825, with the average gross price for solar in New Troy, MI coming in at $15,500. After accounting for the 30% 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.

2019 average solar panel cost graph in New Troy, MI

for a 5kW system

Great Price
$13,175 or less
Market Average
$15,500
Above Market
$17,825 or more
Note: Showing cost data for Berrien County, MI.

Solar installation costs do not include the 30% Federal Investment Tax Credit or local incentives. Learn more about local MI incentives, tax credits & rebates.

Payback Period

10.25 Years

20-Year Savings

$42,899

Cost per Watt

$3.10

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Top solar installers in New Troy, MI

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True Cost of Solar Guide™ for Michigan

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Don’t get sold on the hype! Find out what solar should actually cost before you talk to your first sales rep. This PDF worksheet will walk you through the simple calculations you can make to determine what size solar PV system you need, and approximately how much it should cost.