Solar Panels in
Bay Shore, MI

Updated 6/8/2019

How much do solar panels cost in Bay Shore, MI in 2020?

As of March 2020, the average solar panel cost in Bay Shore, MI is $3.45/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Bay Shore, MI ranges in cost from $14,662 to $19,838, with the average gross price for solar in Bay Shore, MI coming in at $17,250. 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.

Average solar panel cost by system size in Bay Shore, MI

System Size System Cost System Cost (after ITC)
3 kW $10,350 $7,659
4 kW $13,800 $10,212
5 kW $17,250 $12,765
6 kW $20,700 $15,318
7 kW $24,150 $17,871
8 kW $27,600 $20,424
9 kW $31,050 $22,977
10 kW $34,500 $25,530

2020 average solar panel cost graph in Bay Shore, MI

for a 5kW system

Great Price
$14,662 or less
Market Average
$17,250
Above Market
$19,838 or more
Note: Showing cost data for Charlevoix 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

9.81 Years

20-Year Savings

$34,147

Cost per Watt

$3.45

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Top solar installers in Bay Shore, 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.