How Many Solar Panels To Run A Home In Michigan

As of sep 2020 the average cost of solar panels in michigan is 2 66 per watt making a typical 6000 watt 6 kw solar system 11 797 after claiming the 26 federal solar tax credit now available.

How many solar panels to run a home in michigan.

This analysis is for a 5 kw photo voltaic system exposed to the average sunlight conditions of michigan. On a cost per watt w basis a solar panel installation in michigan ranges in price from 2 69 to 3 65. A 3kw solar system which consists of 12 panels can produce an average of 4 200 kwh per year. In the example above you would need 24 solar panels to account for 80 of your average consumption 29 6 kwh daily usage divided by 1 24 kwh per panel.

Updated june 25 2020 a typical american home will need 14 36 solar panels to cover their power bill and at least 227 square feet of rooftop space to accommodate the solar panels. Michigan is expected to use 120 twh per year in 2030. Although there are sunnier states than michigan the average electricity price is around 0 14 kwh which is above the national average. How long does it take to earn back your initial investment in solar panels.

You will need a roof space of about 194 sq ft for a 3kw system. To reach a 100 solar electrical grid would require 2 4 of michigan s land area to host 108 gw of installed capacity. The state of michigan ranks 18th in terms of employment relating to solar power. The solar panels installed by powerhome solar come with a 25 year manufacturer s warranty giving you peace of mind for the long haul.

The price of installing solar panels in michigan has declined by 32 in the past five years making it more affordable than ever. You will need. This is higher than the average price of residential solar power systems across the united states which is currently 2 60 per watt. Solar panel cost data michigan 2020 updated.

This makes solar power a sound investment because every unit of energy produced is worth more than the average price of electricity in the us. Likewise if you wanted to account for 100 of your daily kwh consumption you would need 30 solar panels 37 kwh daily usage divided by 1 24 kwh per panel. Currently michigan residents pay an average of 0 14 kwh for electricity which is above the national average. A 5kw solar system which consists of 20 panels can produce an average of 7 000 kwh per year.

Michigan had over 176 mw of solar capacity in 2019. The average cost of a solar panel installation in michigan ranges from 13 472 to 18 228. Solar panels are a worthwhile expense in michigan already but they re likely to gain even more value over time as the cost of traditional energy sources continue to increase throughout the state.