Solar Panel Cost Guide in Jackson, WY (2024 Update)
- Jackson Solar Installation Cost: $36,731
- 25-Year Savings: $24,981
- Payback Period: 17.9 Years
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Average Cost of Solar Panels in Jackson
We go over average solar pricing in Jackson.
The average cost of a solar system in Jackson is 4 per watt.The average solar panel system size in Jackson is around 14.7 kilowatts, meaning a cost of about $36,731 for a solar installation, or $52,525 before the 0 federal solar tax credit is applied.
How much you pay can go above or below the average in Jackson based on a few factors, such as the model of solar panels you choose and the solar installer you hire.Even with the high upfront cost, the average Jackson homeowner can save about $14,000 on their power bills over 20 years, which is one of the positives of solar.
To receive a free estimate from a vetted solar company in Jackson, you can click the button below.
Solar savings over time in Jackson
| Year | Return on Investment |
|---|---|
| 1 years | $-35,837 |
| 3 years | $-34,049 |
| 5 years | $-32,262 |
| 7 years | $-30,474 |
| 9 years | $-28,686 |
| 11 years | $-26,899 |
| 13 years | $-25,111 |
| 15 years | $-23,323 |
| 17 years | $-21,536 |
| 19 years | $-19,748 |
| 21 years | $-17,960 |
| 23 years | $-16,173 |
| 25 years | $-14,385 |
Top Solar Installers in Jackson
When switching to solar energy, many homeowners decide to use a solar company since installing a solar system yourself can be a challenging project. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and system component replacements.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some in Jackson:
Outstanding Local Installer
ES Solar
- Representatives are experts on local policies
- Lifetime workmanship warranty
- Outstanding customer service
- No leases or PPAs
- Energy audits only available 12 months after installation
Solar Veteran
Creative Energies
- Certified B Corp
- Outstanding customer service
- Many years of experience
- Multitude of products and services
- No leases or PPAs
- Slightly expensive
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 Jackson
Factors that Affect Solar Panel Costs in Jackson
Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that determine your overall cost in Jackson: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production need 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 $3,580.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your electric bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Jackson average.
Solar Financing Terms
Most solar installers in Jackson have solar loans, which reduce the initial cost of installing solar.While solar loans make adopting solar energy more accessible for Jackson homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The last major cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Jackson, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that offers the products, warranties and services you’re looking for and also fits within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.72 | $15,637 | $5,383 | 18.6 years |
| 8 kW | $3.65 | $20,449 | $7,578 | 18.2 years |
| 10 kW | $3.58 | $25,060 | $9,973 | 17.9 years |
| 12 kW | $3.51 | $29,471 | $12,569 | 17.5 years |
| 14 kW | $3.44 | $33,681 | $15,366 | 17.2 years |
| 16 kW | $3.37 | $37,690 | $18,363 | 16.8 years |
| 18 kW | $3.29 | $41,499 | $21,561 | 16.5 years |
| 20 kW | $3.22 | $45,108 | $24,959 | 16.1 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a quality company.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. While there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of options before deciding.
Outstanding Local Installer
ES Solar
- Representatives are experts on local policies
- Lifetime workmanship warranty
- Outstanding customer service
- No leases or PPAs
- Energy audits only available 12 months after installation
Solar Veteran
Creative Energies
- Certified B Corp
- Outstanding customer service
- Many years of experience
- Multitude of products and services
- No leases or PPAs
- Slightly expensive
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 Jackson, WY Solar Cost FAQs
What is the average cost of installing solar panels in Jackson?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $17,900 for a 5-kW system and $35,800 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Jackson?
Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The downside 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 maximize your savings.
Can you sell solar power back to the grid in Jackson?
Each state has some form 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?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.