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Solar PV · Michigan

Solar Panel Cost in Michigan (2026)

Planning-range installed cost for residential solar PV in Michigan, adjusted for state labor multipliers and PVWatts production yield. 25D federal credit expired 2025-12-31; state and utility programs still apply.

Mid installed cost · 7 kW system · Michigan

$24,255

Range $18,375–$33,075 gross

Cost basics

Mid $/W
$3.46
Range $/W
$2.63–$4.73
State labor multiplier
1.05×
PV specific yield
1250 kWh/kW/yr

Production & payback

7 kW annual production
8,750 kWh
Local electricity rate
$0.18/kWh
Annual bill displaced
$1,610/yr
Simple payback (mid)
15.1 yr

25D federal credit (30%) expired 2025-12-31. State and utility programs may shorten payback. Net-metering successor tariff (NEM 3.0 in CA, similar in HI, AZ, NY) reduces export value.

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