Solar Panel Cost Guide in Biloxi, MS (2024 Update)

  • Biloxi Solar Installation Cost: $17,602
  • 25-Year Savings: $30,587
  • Payback Period: 9.7 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Biloxi

Find out what the average cost of solar panel installation is in Biloxi.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Biloxi, the typical cost of solar panels is 3 per watt.To cover the typical energy usage of the average home in Biloxi, most homeowners require a 8.0-kilowatt system. Using the per-watt figure above, a solar installation costs about $17,602, or $25,171 before the federal solar tax credit of 0 is applied.

The prices above are just estimates to give you an idea of how much a solar panel system could cost. The actual cost of installing solar panels can vary depending on several factors, such as how many panels you need, your energy usage and what solar installer you go with.For many homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Biloxi see about $22,000 in savings on energy bills over 20 years.

For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Biloxi

Year Return on Investment
1 years $-15,774
3 years $-12,118
5 years $-8,461
7 years $-4,805
9 years $-1,149
11 years $2,507
13 years $6,163
15 years $9,819
17 years $13,475
19 years $17,131
21 years $20,787
23 years $24,443
25 years $28,099

Top Solar Installers in Biloxi

Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Going with a solar panel installer can make your switch to solar power much easier. The expertise that solar installers offer can be invaluable as well, particularly if you aren’t sure what type of solar equipment you need.

You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some near you:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
3.2

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Biloxi

Factors that Affect Solar Panel Costs in Biloxi

The cost of installing a solar system in Biloxi can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.

Solar Equipment

The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,140. There are several different solar panel brands and the one you pick also changes the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Biloxi homeowners choose to finance their solar panel systems to make going solar more affordable.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.

Solar Panel Installation Company

The solar installer you hire to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies operating in Biloxi, and each can charge varying amounts for labor and equipment.Larger national companies usually have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $3.27 $13,716 $20,289 10.1 years
8 kW $3.20 $17,936 $27,404 9.9 years
10 kW $3.14 $21,980 $34,695 9.7 years
12 kW $3.08 $25,848 $42,161 9.5 years
14 kW $3.01 $29,541 $49,803 9.3 years
16 kW $2.95 $33,058 $57,622 9.1 years
18 kW $2.89 $36,399 $65,616 8.9 years
20 kW $2.83 $39,564 $73,785 8.7 years

How to Save on Solar Panels

Since the kind of solar panels and the installation company you choose significantly influences your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:

  • Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
  • Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline incentives and warranties.
  • Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
  • Solar Panel Brands: Different companies offer various brands and models of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
3.2

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Biloxi, MS Solar Cost FAQs

How much does it cost to install solar panels in Biloxi?

The average cost of solar panels in Biloxi is about $15,700 for a 5-kW system and $31,400 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you consume.

Is it better to lease or buy solar panels in Biloxi?

Leasing solar panels can be an attractive choice, as it often comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.

Can you sell solar power back to the grid in Biloxi?

Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.

How often do you have to replace solar panels?

Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can keep using them at a lower efficiency.

Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.

Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.

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