Does Michigan Have Any Solar Incentives?

Building Energy Independence with Solar Power in Michigan

As a leading Michigan solar company, Cardinal Power Systems is committed to helping residents build energy independence through the adoption of solar power. Whether you’re considering roof mounted solar, ground mounted solar installation, or off-grid power systems, we’re here to guide you through the process and benefits.

Solar Incentives in Michigan

Michigan may not have been at the forefront of the solar panel movement, but there are still great incentives available that make investing in solar panels worth it in the state.

Michigan Property Tax Exemption

In 2019, Governor Gretchen Whitmer signed a bipartisan bill that reinstated a property tax exemption for renewable energy systems in Michigan. This exemption means homeowners with solar won’t have to pay heightened property taxes, despite the increased value of their home.

Distributed Generation and Net Metering in Michigan

While Michigan has transitioned from net metering to distributed generation, existing net-metering customers were grandfathered in, receiving the net-metering rate for 10 years before they’ll have to switch to distributed generation.

Federal Solar Tax Credit

Don’t forget about federal solar incentives! With the Investment Tax Credit (ITC), you can reduce the cost of your PV solar energy system by 30 percent. This applies only to those who buy their PV system outright (either with a cash purchase or a solar loan).

Is It Worth Going Solar in Michigan?

The average residential solar panel system costs $13,769 in Michigan after you use the full federal solar investment tax credit (ITC). With the available incentives and the long-term savings on your energy bills, solar energy systems are more accessible and affordable for residents.

Conclusion

Building energy independence with solar power is a viable option for Michigan residents. As a Michigan solar company, Cardinal Power Systems is here to help you navigate the process and take advantage of the incentives available. Whether you’re considering roof mounted solar, ground mounted solar installation, or off-grid power systems, we’re here to help you make the switch to solar. Please give us a call any time at (800) 936-5386.