Cost & Savings Breakdown
Based on $150/month electric bill in Lansing
System Size
6.3 kW
Annual Production
7,565 kWh
Gross System Cost
$19,588
Federal Tax Credit (30%)
-$5,876
State Incentive
-$500
Net Cost
$13,212
Monthly Savings
$122
CO₂ Offset/yr
6,960 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityConsumers Energy
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit150% of annual consumption
Electricity Rate$0.193/kWh
Peak Sun Hours4.1 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 Lansing?
Solar in Lansing, Michigan costs approximately $19,588 for a 6.3 kW system. After the 30% federal tax credit, your net cost is about $13,212.
What is the solar payback period in Lansing?
The estimated payback period for solar in Lansing is 9 years, based on a $150/month electric bill and local sun hours of 4.1 hrs/day.
Does Consumers Energy offer net metering?
Consumers Energy offers Full Retail net metering. Full retail rate.