Best 5 Solar Companies in Grand Rapids, MI

How To Choose the Best Solar Company in Grand Rapids

The cost and performance of solar panels often depend on the solar company that mounted them. Make your choice based on the following key factors.

Licensing and Training

Michigan law has a de facto licensing requirement for solar photovoltaic installers. In other words, the law doesn't explicitly require solar installers to be licensed, but workers dealing with electrical wiring jobs do need a license. Solar thermal systems must be installed by a licensed mechanical contractor. Solar providers can also obtain certifications from trade groups and standards organizations. The most recognized ones in the industry come from the North American Board of Certified Energy Practitioners. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.

Cost of Solar Panels in Grand Rapids

The kind of solar panels you purchase determines how much power you can generate. Monocrystalline panels and high-quality and give you the best performance but cost more upfront. Polycrystalline panels work with a tried-and-true mechanism and cost less, but produce less power. Thin-film panels aren't meant for large home installations, but they're excellent for small projects like sheds and RVs.

If you'd like to charge an electric car or use your solar power in inclement weather, you can pay extra for add-ons. By selecting the right components, you can make your panel array more productive and convenient to use. Not all solar contractors provide these add-ons, so look for a contractor that installs them if it's essential for you.

If you're a resident of Grand Rapids and want a five-kilowatt solar energy system, you could expect to pay about $20,300 for parts and installation. Find more information on specific component and solar panel costs in the table.

Financing Solar Energy in Grand Rapids

Choosing the best financing plan will impact your overall solar system cost and possible savings. Common payment options include power purchase agreements, leases, loans, and cash payments. Though it involves a large up-front payment, cash is the most cost-effective choice because it doesn't accrue interest and qualifies you for incentives. Solar loans are the second most effective option. As with a car or home loan, you'll pay a monthly rate towards system ownership, including interest. You can still apply for money-saving solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases allow you to use your panels for a set monthly rate, while PPAs let you pay only for the energy you use, akin to an electric bill. Both options disqualify you for solar incentives and don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Ask each business you're evaluating about the payment options it offers. A team member can help you determine the best option for your budget.

The table below lists the average payback periods for different capacities of solar systems in Grand Rapids.

You can claim a 26% federal solar tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, local governments and utilities may have their own financing plans and rebates that could reduce your total cost even more.