Cost & Savings Breakdown
Based on $150/month electric bill in Dearborn
System Size
5.8 kW
Annual Production
7,264 kWh
Gross System Cost
$17,934
Federal Tax Credit (30%)
-$5,380
State Incentive
-$500
Net Cost
$12,054
Monthly Savings
$122
CO₂ Offset/yr
6,683 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityDTE Energy
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit150% of annual consumption
Electricity Rate$0.201/kWh
Peak Sun Hours4.3 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$500
Michigan State Incentive — Michigan offers a property tax exemption for solar installations.
Common Questions
How much does solar cost in Dearborn?
Solar in Dearborn, Michigan costs approximately $17,934 for a 5.8 kW system. After the 30% federal tax credit, your net cost is about $12,054.
What is the solar payback period in Dearborn?
The estimated payback period for solar in Dearborn is 8.3 years, based on a $150/month electric bill and local sun hours of 4.3 hrs/day.
Does DTE Energy offer net metering?
DTE Energy offers Full Retail net metering. Full retail rate.