Michigan solar 101: must read before you buy solar panels
Michigan State 34 solar panels available
- $0.66 / W Average gross price of a solar power system as of March 2026
- 2 years Average system payback period
- $48 081 Average savings from going solar in Michigan
- 5 ¢ / kWh Levelized cost of solar energy
- 4.51 kW Recommended system size
Benefit from a PV system
in Michigan
4.38 hours of peak sunlight
Michigan gets enough sunlight to help your panels pay the electricity bills or at least reduce them substantially
2 years payback period
A solar power system in Michigan pays for itself a couple of times during its lifespan
Save money with Net Metering
If you can’t use all the electricity your PV system generates, export it to the grid instead of storing it with batteries
Reduce the cost of your system by 26%
Get a quarter of the PV system cost off your taxes with the Federal Solar Tax Credit
Earn up to $1,000 selling RECs
RECs are like a currency your PV system prints as a subproduct. It can be sold for extra profit
Michigan #48 in the US
Solar Ranking
- $48 081 Average savings from going solar in Michigan
- 7 644 kWh/year Average electricity consumption of a MI household
- 6 901 kWh/year AC energy output of a 5 kW solar system installed in Michigan
- 16 ¢ /kWh The cost of electricity today in Michigan
- 33 ¢ /kWh The forecast average utility price over the next 25 years
- $0.66/WAverage gross price of a solar power system as of March 2026
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