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Solar Panel Cost in Michigan

Average costs, savings, and incentives for solar installations across Michigan.

$3.10
Avg Cost/Watt
4.2 hrs/day
Peak Sun Hours
$0.182/kWh
Electricity Rate
Full Retail
Net Metering

Estimated Savings for a Typical Michigan Home

Based on a $150/month electric bill

System Size
6.5 kW
Gross Cost
$20,277
Federal Credit
-$6,083
State Incentive
-$500
Net Cost
$13,694
Annual Savings
$1,460
Payback Period
9.4 yrs
25-Year Savings
$36,176
CO₂ Offset/yr
7,380 lbs

Michigan Solar Incentives

30%

Federal Investment Tax Credit (ITC)

Deduct 30% of your total solar installation cost from your federal taxes. Available through 2032 with no dollar cap.

$500

Michigan State Incentive

Michigan offers a property tax exemption for solar installations.

Net Metering Policy: Full Retail

Top utility in Michigan: DTE Energy. View full incentives detail →

Solar Costs by City in Michigan

City Annual Savings Payback (yrs) Population Utility
Detroit$1,46010.5672,662DTE Energy
Grand Rapids$1,4609.3198,917Consumers Energy
Warren$1,46010.1134,873DTE Energy
Sterling Heights$1,4608.5134,346DTE Energy
Ann Arbor$1,4608.5123,851DTE Energy
Lansing$1,4609112,644Consumers Energy
Dearborn$1,4608.3109,976DTE Energy
Flint$1,4601095,538Consumers Energy
Livonia$1,46010.694,071DTE Energy
Westland$1,4609.382,578DTE Energy

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Quick Facts: Michigan

  • ⚡ Avg rate: $0.182/kWh
  • 🌞 Peak sun: 4.2 hrs/day
  • 🏭 Top utility: DTE Energy
  • 📋 Net metering: Full Retail
View all Michigan incentives →