Is solar worth it in 48390 (Walled Lake, MI)?

With an average payback period of 10.4 years and 25-year savings of $34,650, solar panels in Walled Lake, Michigan are a solid investment.

How much do solar panels cost in 48390?

The average cost of a 6kW residential solar system in Walled Lake, Michigan is $14,400 before incentives. The federal 30% Investment Tax Credit reduces this to about $10,080.

How much solar electricity does 48390 get?

Walled Lake receives 4.37 kWh/m²/day of solar irradiance. A 6kW system in zip code 48390 produces approximately 7,656 kWh per year.

Solar Panel ROI in 48390

Walled Lake, Michigan — Is solar worth it here? Here's what the data says.

2.4x ROI Score

10.4 yrs Payback Period

$1,386/yr Annual Savings

$34,650 25-Year Savings

Your savings estimate

$ /mo bill

Annual savings $1,386

Payback 10.4 yrs

25-yr savings $34,650

Solar Calculator for 48390 (Walled Lake)

Adjust values to see your personalized solar ROI estimate for Walled Lake, Michigan.

System Size

System Cost

Electricity Rate

$ /kWh

Solar Irradiance

4.37 kWh/m²/day

Based on NREL data for Walled Lake, MI

ROI Score 2.4x

Annual Production 7,656 kWh

Annual Savings $1,386

Payback Period 10.4 years

25-Year Savings $34,650

After 30% ITC $10,080

Solar Data for 48390 – Walled Lake, MI

Solar Irradiance 4.37 kWh/m²/day -11.9% vs national avg

vs Michigan Avg +0.2% State avg: 4.44 kWh/m²/day

Electricity Rate $0.181/kWh Michigan average rate

Annual Production 7,656 kWh 6kW system estimate

Walled Lake's 4.37 kWh/m²/day is 11.9% below the national average. At $0.181/kWh, the 10.4-year payback is moderate. Tax credits and incentives can shorten it meaningfully.

Solar Incentives for Walled Lake, Michigan

★

Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $14,400 system, that's $4,320 back.

★

Net Metering

Most Michigan utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

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Michigan State Programs

Check with the Michigan energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in Walled Lake.

48390 vs Michigan Average

Solar Irradiance

48390: 4.37 MI avg: 4.44

Payback Period

48390: 10.4 yrs MI avg: 10.4 yrs

Annual Savings

48390: $1,386 MI avg: $1,383

25-Year Savings

48390: $34,650 MI avg: $34,575

See the full Michigan solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

48235 Detroit, MI 2.4x ROI 10.4 yr payback 48073 Royal Oak, MI 2.4x ROI 10.4 yr payback 48227 Detroit, MI 2.4x ROI 10.4 yr payback 48201 Detroit, MI 2.4x ROI 10.4 yr payback 48503 Flint, MI 2.4x ROI 10.4 yr payback