Is solar worth it in 49507 (Grand Rapids, MI)?

With an average payback period of 10.4 years and 25-year savings of $34,475, solar panels in Grand Rapids, Michigan are a solid investment.

How much do solar panels cost in 49507?

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

How much solar electricity does 49507 get?

Grand Rapids receives 4.35 kWh/m²/day of solar irradiance. A 6kW system in zip code 49507 produces approximately 7,621 kWh per year.

Solar Panel ROI in 49507

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

2.4x ROI Score

10.4 yrs Payback Period

$1,379/yr Annual Savings

$34,475 25-Year Savings

Your savings estimate

$ /mo bill

Annual savings $1,379

Payback 10.4 yrs

25-yr savings $34,475

Solar Calculator for 49507 (Grand Rapids)

Adjust values to see your personalized solar ROI estimate for Grand Rapids, Michigan.

System Size

System Cost

Electricity Rate

$ /kWh

Solar Irradiance

4.35 kWh/m²/day

Based on NREL data for Grand Rapids, MI

ROI Score 2.4x

Annual Production 7,621 kWh

Annual Savings $1,379

Payback Period 10.4 years

25-Year Savings $34,475

After 30% ITC $10,080

Solar Data for 49507 – Grand Rapids, MI

Solar Irradiance 4.35 kWh/m²/day -12.3% 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 7,621 kWh 6kW system estimate

Grand Rapids's 4.35 kWh/m²/day is 12.3% 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 Grand Rapids, 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 Grand Rapids.

49507 vs Michigan Average

Solar Irradiance

49507: 4.35 MI avg: 4.44

Payback Period

49507: 10.4 yrs MI avg: 10.4 yrs

Annual Savings

49507: $1,379 MI avg: $1,383

25-Year Savings

49507: $34,475 MI avg: $34,575

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

Nearby Zip Codes — Solar Comparison

48911 Lansing, MI 2.4x ROI 10.4 yr payback 48601 Saginaw, MI 2.4x ROI 10.5 yr payback 48503 Flint, MI 2.4x ROI 10.4 yr payback 46406 Gary, IN 1.9x ROI 12.9 yr payback 60202 Evanston, IL 2.1x ROI 11.9 yr payback