Is Solar Worth It in Lansing, MI?
A data-driven analysis based on Lansing's electricity rates, sun exposure, and available incentives.
Yes, Solar Is Worth It in Lansing
With a 8.2-year payback and 325% ROI, solar is an excellent investment in Lansing.
8.2 years
Payback Period
$44,106
25-Year Savings
325%
Return on Investment
$13,566
Net System Cost
$138
Monthly Savings
$1,656
Annual Savings
6.8 kW
System Size
$775
Home Value Boost
Why Solar Works in Lansing
- +High electricity rates (18¢/kWh) mean bigger savings
- +Full net metering — get retail credit for excess energy
- +Estimated $775 increase in home value
- +30% federal tax credit reduces upfront cost significantly
- +Protection against future electricity rate increases (avg 3%/year)
Considerations
- -Lower sun exposure (3.8 peak hours/day) reduces production
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