Solar Panels Cost $5.9k-$17k in Gogebic County, MI | November, 2024
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How much do solar panels cost in Gogebic County, MI in 2024?
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In Gogebic County, MI in November, 2024 you will spend about $4.24/W to get a solar system.
Utilizing this price per watt, you can conclude that for every 1000 watts (1 kW) of solar power capacounty will require an investment of $4,240 for installation. When you deduct the 30% federal tax credit, the cost of a 5 kW solar installation in Gogebic County typically comes out to around $14,840. Please note that a more powerful system may be necessary to satisfy your energy demands.
To the left,select your area to see the typical roof size and the average maximum capacity of solar panels for homes in your county. Below is a summary of the costs, payback period, and 20-year average savings for a 5 kW system installed in your county.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Gogebic County: $14,840US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Gogebic County: 15 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Gogebic County: $-1,189US Average: $16,169
Solar Potential in Gogebic County
Estimated system size and solar electricity production per median viable roof in Gogebic County.
Roof size 644sq. ft.
Capacity 9kW DC
Electricity 9.7kkWh AC per yr.
Electricity Costs in Gogebic County, MI & What that Means for Your Solar Panel Pricing
The monthly kWh usage for a Gogebic County energy consumer is 574, with an average electric bill of 83.38. These figures also encompasse apartments and other smaller homes with lower energy needs.
In November 2024, Gogebic County, MI's mean electricity rate is 14.52¢ per kWh.
Before any incentives, a 6 kW solar installation costs around $25,440, with a 30% tax credit, this drops to $17,808.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Gogebic County
Displayed on the left side, you'll see a detailed pricing structure of the various sizes of solar panel systems installed in Gogebic County. The initial cost for bigger solar systems is higher, but they also offer higher electricity savings and higher income tax credits.
Check the solar panel cost calculator to the right and below to see the cost and benefit details calculated from an average $83.38 electric bill in Gogebic County. Personalized results can be achieved by changing the $83.38 to your typical bill amount.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $410 a year
Est. Price
$5,936
Savings from a 2kWthis system
Est. yearly production 2,734 kWh
Est. monthly savings $34
Full payback in 6 years
Environmental Impacts
Reduces CO2 emissions by 1.63 tons a year
Equivalent to planting 75 trees a year
Equivalent to driving 4,029 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $615 a year
Est. Price
$8,904
Savings from a 3kWthis system
Est. yearly production 4,101 kWh
Est. monthly savings $51
Full payback in 9 years
Environmental Impacts
Reduces CO2 emissions by 2.44 tons a year
Equivalent to planting 112 trees a year
Equivalent to driving 6,043 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $820 a year
Est. Price
$11,872
Savings from a 4kWthis system
Est. yearly production 5,468 kWh
Est. monthly savings $68
Full payback in 12 years
Environmental Impacts
Reduces CO2 emissions by 3.26 tons a year
Equivalent to planting 150 trees a year
Equivalent to driving 8,057 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,025 a year
Est. Price
$14,840
Savings from a 5kWthis system
Est. yearly production 6,835 kWh
Est. monthly savings $83
Full payback in 15 years
Environmental Impacts
Reduces CO2 emissions by 3.95 tons a year
Equivalent to planting 182 trees a year
Equivalent to driving 9,784 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,230 a year
Est. Price
$17,808
Savings from a 6kWthis system
Est. yearly production 8,202 kWh
Est. monthly savings $83
Full payback in 18 years
Environmental Impacts
Reduces CO2 emissions by 3.95 tons a year
Equivalent to planting 182 trees a year
Equivalent to driving 9,784 mi less a year
Gogebic County Solar Panel Installation Incentives & Rebates | 2024
Rural farmers and small business owners could have between 80% and 100% of their photovoltaic or wind turbine installation expenses covered by the REAP Grant. If you believe you might qualify, we suggest utilizing our REAP Grant eligibility tool to verify.
The federal government offers a 30% tax credit for residential solar systems, which makes solar appealing and feasible for a variety of homeowners. A variety of state and local incentives are available to support the use of solar energy.
Different utilities and government entities in Michigan provide 17 solar rebate and incentive initiatives.
Solar incentives in MIIncentive Description Value
Michigan Saves - Home Energy Loan Program
Value:Up to $30,000
Single-family homes or multifamily properties up to four units may be eligible for special financing on energy efficiency improvements through the Michigan Saves Home Energy Loan Program (HELP). Eligible projects range from energy efficient lighting to new residential solar photovoltaic systems (up to 20 kW). Available principal for a HELP loan ranges from $1,000 to $30,000. Repayment plans range from 12 - 120 months. Interest rates will vary but typically range from 4.25 - 6.99%. To apply, proof of property ownership and standard credit checks are required. Applicants should have a minimum FICO credit score of 640, and a maximum debt to income ratio of 1:2. Additional information is available from the Michigan Saves website.
Michigan Saves - Business Energy Financing
Value:Up to $1,000,000
Small businesses, nonprofits, and owners of multifamily or public-sector buildings in Michigan may be eligible for special financing on energy efficiency improvements through the Michigan Saves Business Energy Financing Program (BEFP). BEFP loans carry special interest rates and repayment terms. Eligible projects range from energy efficient lighting to new solar, wind, or geothermal energy devices. Interested property owners may consult the Michigan Saves website for additional information and to download a pre-approval checklist. The website also contains a directory of lending partners that service BEFP loans.
Interconnection Standards
Value:Varies
Distributed generation and interconnection have been standardized by the Michigan Public Service Commission since 2003. Each energy system connected to the state grid will be assigned into one of five "categories" based on rated capacity. Systems at each level must follow recognized standards such as those set by IEEE or UL. Interconnection fees and application review turnaround will depend on the system's level. Customers must carry at least $1 million of liability insurance coverage on energy systems between 1 to 5 MW by law. Though external disconnect switches are not required centrally, utilities may request that they be installed prior to interconnection. After successful connection, customers will own any renewable energy credits they generate and may sell them to the utility at their discretion.
City of Ann Arbor - Green Power Purchasing
Value:Varies
The city of Ann Arbor is working toward a long-term goal of sourcing 100% of its energy from renewable means. Four initiatives support this goal, including community-choice power purchasing agreements, solar/wind system incentive programs, establishing community solar microgrids, and converting retired landfills into solar farms. Additional information is available from the Ann Arbor website.
Renewable Energy Standard
Value:Varies
Michigan requires private/municipal utilities and electric retailers/cooperatives to submit Renewable Energy Plans detailing their compliance with the state's portfolio standards. By 2021, 15% of each company's electricity should be sourced from renewable means. Eligible technologies include solar PV, wind, biomass, solid waste, and currently-operational hydroelectric systems (new hydro does not count toward the standard). Compliance is measured through a renewable energy credit system pegging electrical capacity to a dollar value. The standard law includes "bonus credit" provisions which a utility may earn for exceeding their standard quota or using an in-demand renewable technology. Additional information is available from the Michigan state website.
Refundable Payroll Tax Credit
Value:Varies
The NextEnergy Zone is located on the Wayne State University Detroit campus. The area is a Renaissance Zone, allowing renewable energy companies and institutions who locate inside to receive certain tax incentives. Incentives specific to the NextEnergy Zone include indirect payroll tax credits for a company's employees, provided they work directly with renewable energy manufacturing or R&D. Credit amount is equal to an employee's salary times their state income tax rate as a percentage. Should credit exceed liability, a refund will be issued for the remainder of the credit amount. Additional information is available through the NextEnergy Authority website.
Low-Income and Energy Efficiency Fund (LIEEF)
Value:Varies
The Low Income and Energy Efficiency Fund (LIEEF) is a public benefits fund in Michigan. LIEEF is supported by the state's three largest power companies through monthly consumer surcharges. Rather than supporting incentive or rebate programs, LIEEF funding supports request-for-proposal programs and grant initiatives to support low-income Michiganders in adopting on-site renewable energy or making other energy efficiency improvements. Additional information is available from the Michigan Public Service Commission, which administers the fund.
City of Grand Rapids - Green Building Requirements for Municipal Buildings
Value:Varies
Grand Rapids has adopted a local green building ordinance for municipal facilities. New public buildings and remodeling projects which affect at least 10,000 square feet or cost $1 million must meet or exceed LEED Silver certification or an equivalent standard. Existing buildings should draft plans to implement LEED-friendly improvements and "best practices", including procuring ENERGY STAR certified appliances and building materials when necessary. Additional information is available from the city website.
Michigan Accelerating Technologies (MATch) Energy Grant
Value:Varies
Michigan Accelerating Technology (MAT) is a grant program managed by the state's NextEnergy authority. Through MAT, businesses and educational institutions that receive federal grants supporting energy sustainability or alternative transportation research may be eligible to have their awards matched at the state level. Grant recipients may be eligible to contract some services to the NextEnergy Authority (for example, statistical analysis and supply chain research.) Additional information is available from the NextEnergy website.
Energy Efficiency in State Buildings
Value:Varies
Michigan first established a mandatory renewable portfolio standard in 2008. The standard required at least 25% of the state's energy to be sourced from renewable means by 2015. The standard was part of a larger restructuring law which also established green construction standards for new state buildings, energy efficiency "best practices" for existing buildings, and a new agency to regulate wind power in the state. Additional information is available from the federal Energy Codes database.
Net Metering
Value:Varies
Private/municipal utilities and electric cooperatives in Michigan are required to offer "inflow-outflow" tariff program participation to new renewable energy and distributed generation customers. This program serves as the successor to traditional net metering, which is expected to be phased out in full by 2028. Under an inflow-outflow contract, customers are technically billed for all electricity they generate, including excess generation (EG) sent to the grid. Rather than paying for all generated energy, however, they will only owe the cost of their "nettable energy" in that cycle. Nettable energy is equal to total power generated at the standard billed cost minus EG at a different "credit rate." As with net metering, should generation exceed consumption, any remaining bill credits will be applied to subsequent cycles. Additional information is available from the Michigan state website.
City of Lansing - Green Power Purchasing Policy
Value:Varies
Lansing has established its own renewable portfolio standard goals. The city was required to source 20% of its energy from renewable means by 2020 and 50% by 2030. Additional measures set goals for reducing energy use by 10% in city buildings. Additional information is available from the Lansing municipal website.
Alternative-Energy Personal Property Tax Exemption
Value:Varies
The NextEnergy Zone is located on the Wayne State University Detroit campus. The area is a Renaissance Zone, allowing renewable energy companies and institutions who locate inside to receive certain tax incentives. Incentives specific to the NextEnergy Zone include property tax exemptions on renewable energy systems, alternative vehicles, and corporate belongings. Eligible property must be completely new to Michigan; real estate does not qualify for exemptions. Additional information is available through the NextEnergy Authority website.
Solar Contractor Licensing
Value:Varies
Special licenses are available for installation/repair contractors of solar thermal systems in Michigan. Certified HVAC contractors do not need a separate license to install solar devices. To obtain a solar thermal license, applicants should have three years of experience as a journeyman and pass an exam. A trade school diploma counts as one year of experience. There is currently no special licensure for solar photovoltaic contractors. Solar contractors of any specialty may need to subcontract certain plumbing or electrical work. Additional information is available through the Interstate Renewable Energy Council.
Lean and Green Michigan PACE
Value:Varies
Lean and Green Michigan is a statewide property-assessed clean energy (PACE) program that offers special financing for energy efficiency improvements and equipment. Multi-family residential and commercial property owners alike may consult with PACE representatives to design a competitive loan with a private lending partner. Effectively, funding comes from the government; repayment will therefore take the form of a tax lien senior to the property's mortgage. Single-family homes are ineligible for PACE funding due to regulatory concerns from the FHFA. Fannie Mae and Freddie Mac cannot take ownership of a mortgage with an active PACE lien. Interested property owners should visit the Lean and Green Michigan website.
Renewable Energy Program Grants
Value:Varies
Funding for renewable energy grants and initiatives may be provided by the Michigan Energy Office. Grants support educational programs for local governments and businesses on renewable energy adoption. Communities may obtain personalized feasibility studies or examine prototype equipment. Additional information is available from the Michigan Agency for Energy website.
Renewable Energy Renaissance Zones
Value:Varies
"Renaissance Zones" are clearly designated locations in Michigan in which renewable energy developers may qualify for special tax incentives. Qualifying facilities will earn a 15-year property tax abatement and are exempt from state corporate, education, and income taxes, along with some local taxes. Eligible construction includes new solar, wind, or biomass facilities. Capital construction for institutions researching or manufacturing renewable energy products may also qualify for exemptions. Applications for Renaissance Zone incentives will consider potential economic impact. Additional information is available from the Michigan Economic Development Corporation website.
Are solar panels worth it in Gogebic County, MI?
For homeowners in Gogebic County intending to stay beyond the payback period of their solar system, solar panels are the best choice. With a 5 kW solar system in Gogebic County, MI, the average savings over a 20 period is $5,171.2, with break even generally occurring at 15 years.
The cost of not having solar panels in Gogebic County, MI
Without solar panels or another backup power source, you miss out on the savings highlighted previously and are entirely on your electric utility for electricity. Full reliance on your utility provider is not always ideal, as recent examples in the news have highlighted.
On average, customers in Gogebic County have encountered 0.97 utility outages per year in recent times. Usually, outages have an average duration of 129.66 minutes. However, during critical events like wildlife damage, aging infrastructure or lightning strikes, these times can extend dramatically.
Take a look at the component below to see the number of current electricity customers without power in Gogebic County.
Whether or not it includes a backup battery, a solar panel system could mitigate the effects of future power interruptions you might experience.
Power Outages
Currently, 0 customers are being tracked in Gogebic County.
What impacts the cost of solar panels in Gogebic County, MI?
Your Energy Needs - Investing in larger solar panel systems costs more upfront, but the price per watt is lowered as the system size increases. It is often beneficial for individuals to set up a solar system that can make enough electricity to fully cover their electric bill, which results in substantial savings.
Make & Model - Similar to other products, solar panels and mounting equipment are offered in a wide variety of makes and models. The installer’s preference for system makes it essential to choose a reputable installer. Investing in superior quality makes and models can result in a much better long-term experience for the buyer.
Solar Panel Type - For valid reasons, monocrystalline panels have emerged as the standard in the industry. Although the cost is more, they yield more energy. The majority of installers use these types of panels.
Your Property - Each property and residence is unique. Issues like trees, uneven landscapes, or other impediments may add to the complexity of the installation. Using satellite images, solar installers these days can assess your home and factor in these considerations into the preliminary cost estimate.
Labor Rates - Differences in employee wages across companies lead to expenses that are borne by the consumers. Companies that invest in higher wages usually see higher reviews for their services and customer service.
Permitting & Interconnection - Your installation cost will be affected by area-specific permitting and utility interconnection fees. Good local installers will incorporate these figures into your first estimates to avoid any surprises.
See what solar panels cost in other Gogebic County cities
Auditing of energy requirements for independent energy generation.
Consulting on all things solar related.
Gogebic County, MI Solar Panel Cost FAQs
The typical cost per watt for solar panels in Gogebic County, MI as of November, 2024 is $4.24/W. For a 5 kW solar panel system, the total cost in Gogebic County, MI after federal tax credits is around $14,840.
If you live in Michigan, you can find 17 rebates and incentives through different utilities and government agencies. Moreover, the 30% federal tax credit is accessible to nearly everyone.
Cash payments yield the highest savings, yet several financing options now available for solar panels are financially beneficial as well. Financing options are frequently available through installers and will be detailed in your initial quotes.
Yes, homeowners in Gogebic County, MI can expect 5 kW solar panels to pay off in 15 years, with an estimated $5,171.2 in electricity savings during a 20-year span.
Savings from 
Environmental Impacts 
