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Is Going Solar Worth It in Michigan? Why Michigan Solar Leads and Power is Leading the Great Lakes State.

by | Apr 1, 2023 | Solar Leads

Michigan has always been a state that is proud of its innovations and progress, from its early days as a French trading post to its current position as a leader in home solar energy. This is especially evident in the state’s rapidly expanding solar industry.

So, is going solar in Michigan worthwhile? Yes, is the short answer. However, we must carefully examine the state’s past and present solar landscape to comprehend why fully.

Michigan has always had a solid connection to energy. Michigan has always been at the forefront of energy innovation, beginning as a major coal producer and continuing as a leader in renewable energy. The state’s long history has also made it an ideal location for residential solar power.

In any case, in addition to Michigan’s set of experiences makes it a great spot to go sun oriented. Installing solar panels on your home is now more accessible and affordable than ever, thanks to numerous state and federal incentives.

Homeowners who install solar panels on their property receive a 30% tax credit through the Solar Investment Tax Credit (ITC) at the federal level. Since this credit will decrease over time, the best time to take advantage of it and save money on your solar installation is now.

Michigan provides solar homeowners with several state-specific incentives in addition to federal ones. Among these incentives are a state tax credit of up to $5,000 for residential solar buildings and a property tax exemption for the value added by your solar installation.

But Michigan is a great place to go solar for more reasons than just the incentives. Michigan is home to a few significant service organizations that have focused on expanding their utilization of sustainable power sources. The solar industry’s expansion is also significantly aided by the state’s utility companies.

DTE CleanVision MIGreenPower is one of these businesses, and by 2030, it wants to get at least 25% of its energy from renewable sources. Another major Michigan utility company, Consumers Energy, has pledged to generate 40% of its energy from renewable sources by 2040.

Michigan’s kWh rates are so competitive with those of other states because of these commitments from the state’s utility companies. Michigan’s average retail electricity price is lower than the national average, as stated by the U.S. Energy Information Administration.

But Michigan is a great place to go solar for more reasons than the lower kWh rates. There are several additional benefits to going solar in the Great Lakes State.

The state’s abundant sunshine is one of these benefits. Despite its reputation for cold and snowy winters, Michigan gets a surprising amount of sun every year. This indicates that your solar panels can still generate electricity on days with overcast or cloudy skies.

The state’s net metering program is another reason to go solar in Michigan. With this program, solar panel owners can turn their homes into miniature power plants by selling any excess electricity they generate to their utility company. Over time, this could help you save a lot of money on your energy bills.

You obviously need to hire a reputable solar company to install your panels to get the most out of these advantages. Fortunately, Michigan is home to many sun-based organizations committed to giving excellent establishments and uncommon client support.

Contact Invention Solar for MI solar leads. Solar leads are one of the most critical factors in these solar companies’ success. Targeted marketing campaigns generate solar leads by providing helpful information about homeowners interested in going solar.

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