Are looking to avoid the upfront costs of a solar installation, leasing might be right for you. When you lease a solar panel system, the solar company installs the equipment and still owns it, but you pay a monthly fee for the electricity the system generates. Power purchase agreement (PPA): Much like a solar lease, a PPA allows you to avoid upfront costs and instead pay for the electricity your system generates on a monthly basis. If you’re going the PPA route, make sure your installer has a solid track record of maintaining systems they own. We’ve also got information to help you understand the federal solar tax credit, and your state’s solar easement provisions, solar energy system stormwater and land use considerations, as well as access to clean energy financing programs and creative financing options offered by local Michigan utilities. Solar panel costs and rebates in Detroit As the largest city in Michigan, Detroit also offers a variety of rebates, tax credits, and incentives for residential solar panels. Detroit homeowners who install solar panels can receive a variety of incentives to make going solar more affordable. To help you understand all the rebates you’re entitled to, EnergySage has compiled a list of Michigan solar incentives and rebates. It’s time to power your home with solar in Michigan As a Michigan homeowner, you have a unique opportunity to go solar. The state has put in place a number of policies that support solar energy, and it is known for its abundant solar resources. Going solar is a great way to reduce your carbon footprint and lower your electric bills. By installing solar panels, you can generate your own clean energy instead of buying it from your local utility company. You’ll be joining the many forward-thinking Michiganders who are already leading the way to a more sustainable future.
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