Solar Panel Cost Guide in Pascagoula, MS (2024 Update)
- Pascagoula Solar Installation Cost: $17,701
- 25-Year Savings: $26,893
- Payback Period: 10.0 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Pascagoula
Here’s how much it might cost to go solar in Pascagoula.
Although the national average of solar panels is $2.66 per watt, solar panels in Pascagoula typically cost around 3.The average Pascagoula homeowner needs a 8.1-kilowatt system, which would cost about $17,701 with the federal tax credit, or $25,312 before the 0 tax credit is applied.
These figures are only averages, and how much solar costs for you will most likely look different based on your specific situation and what company you want to go with.With typical savings of about $21,000 on power bills over 20 years, many homeowners in Pascagoula find going solar can pay off big.
Click the button below to get connected to a reputable solar installer in your area for a customized estimate.
Solar savings over time in Pascagoula
Year | Return on Investment |
---|---|
1 years | $-15,917 |
3 years | $-12,350 |
5 years | $-8,782 |
7 years | $-5,215 |
9 years | $-1,647 |
11 years | $1,920 |
13 years | $5,488 |
15 years | $9,056 |
17 years | $12,623 |
19 years | $16,191 |
21 years | $19,758 |
23 years | $23,326 |
25 years | $26,893 |
Top Solar Installers in Pascagoula
Trying to install solar panels on your own can be a challenging undertaking, which is why using a solar installation company is a good option for many homeowners. Another perk of using a solar company is that they can help you maximize your return of investment by bringing down your future costs of repairs and replacements because of warranties and giving you information on local incentives you can take advantage of.
If you're on the hunt for a solar installer in Pascagoula, the EcoWatch team has organized a list of our top suggestions here:
Best National Provider
SunPower
- 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
- 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 Pascagoula
Factors that Affect Solar Panel Costs in Pascagoula
Although the average cost of a solar system in Pascagoula is $17,701, your final cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,140.The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Pascagoula provide solar loans, which reduce your upfront costs of installing a solar system.While solar loans make adopting solar energy more accessible for Pascagoula homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The remaining key cost factor you should consider is the installer you choose. Given the massive popularity of clean energy solutions in Pascagoula, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Pascagoula have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $19,367 | 10.4 years |
8 kW | $3.20 | $17,936 | $26,175 | 10.2 years |
10 kW | $3.14 | $21,980 | $33,158 | 10.0 years |
12 kW | $3.08 | $25,848 | $40,317 | 9.8 years |
14 kW | $3.01 | $29,541 | $47,652 | 9.6 years |
16 kW | $2.95 | $33,058 | $55,163 | 9.4 years |
18 kW | $2.89 | $36,399 | $62,849 | 9.2 years |
20 kW | $2.83 | $39,564 | $70,712 | 9.0 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Pascagoula, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. Two 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 satisfied reviews from past customers.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the project completion timeline.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, project completion timeline rebates and warranties.
Best National Provider
SunPower
- 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
- 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 Pascagoula, MS Solar Cost FAQs
What is the average cost of installing solar panels in Pascagoula?
The average cost of solar panels in Pascagoula 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 kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Pascagoula?
Leasing solar panels can be an appealing choice, as it commonly 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 incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Do solar panels increase your property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Pascagoula is currently $132,645, so you can expect a value of about $5,438 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Pascagoula is a worthwhile investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.