Cost & Savings Breakdown
Based on $150/month electric bill in Warren
System Size
7 kW
Annual Production
8,795 kWh
Gross System Cost
$21,715
Federal Tax Credit (30%)
-$6,514
State Incentive
-$500
Net Cost
$14,700
Monthly Savings
$122
CO₂ Offset/yr
8,092 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$0.166/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 Warren?
Solar in Warren, Michigan costs approximately $21,715 for a 7 kW system. After the 30% federal tax credit, your net cost is about $14,700.
What is the solar payback period in Warren?
The estimated payback period for solar in Warren is 10.1 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.