Solar Panel Cost Guide in Jackson, LA (Mar 2023)
- Jackson Solar Installation Cost: $18,080
- 25-Year Savings: $27,107
- Payback Period: 10.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Jackson
We break down average solar pricing in Jackson.
The national average cost of solar panels is $2.66 per watt, but in Jackson it's 2.57 per watt. The average Jackson homeowner needs a 10.1-kilowatt system, which would cost about $18,080 with the federal tax credit, or $25,854 before the 30% tax credit is applied.
These figures are just estimates, and your own solar costs may differ based on the amount of energy your home requires and what company you want to go with. For most homeowners, the upfront cost of solar is worth paying. On average Jackson homeowners see about $17,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a vetted solar company in Jackson that can help you get a more accurate cost estimate for your home.
Solar savings over time in Jackson
| Year | Return on Investment |
|---|---|
| 1 years | $-16,272 |
| 3 years | $-12,657 |
| 5 years | $-9,042 |
| 7 years | $-5,428 |
| 9 years | $-1,813 |
| 11 years | $1,802 |
| 13 years | $5,417 |
| 15 years | $9,032 |
| 17 years | $12,647 |
| 19 years | $16,262 |
| 21 years | $19,877 |
| 23 years | $23,492 |
| 25 years | $27,107 |
Top Solar Installers in Jackson
When making the switch to solar, many homeowners choose to use a solar installation company since handling can be a challenging project. Another perk of going with a solar company is that they can help you optimize your return of investment by bringing down your future costs of repairs and replacements with the help of warranties and informing you of local incentives you can take advantage of.
If you're on the hunt for a solar installer in Jackson, we've organized a list of our top suggestions here:
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 want to invest in solar. There are a few primary factors that determine your overall cost in Jackson: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That's why it's important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. There are several different solar panel brands and the one you pick also changes the cost. In many cases, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you choose can affect your total cost. If you just 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 energy bills over many years, but they can also be a significant investment. That's why many Jackson homeowners opt to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also adds to your all-in costs, so it's crucial to keep that in mind as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you hire to handle your switch to clean energy can play a part in your total costs. There are about 3 solar installation companies in Jackson, and each can charge different amounts for labor and equipment. The size of the company can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.67 | $11,226 | $15,747 | 10.4 years |
| 8 kW | $2.62 | $14,680 | $21,284 | 10.2 years |
| 10 kW | $2.57 | $17,990 | $26,965 | 10.0 years |
| 12 kW | $2.52 | $21,156 | $32,790 | 9.8 years |
| 14 kW | $2.47 | $24,179 | $38,758 | 9.6 years |
| 16 kW | $2.42 | $27,057 | $44,871 | 9.4 years |
| 18 kW | $2.36 | $29,791 | $51,128 | 9.2 years |
| 20 kW | $2.31 | $32,382 | $57,528 | 9.0 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases provide good-quality solar panel installation and expertise.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Even though reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of options before deciding.
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Jackson, LA Solar Cost FAQs
How much does it cost to install solar panels in Jackson?
The average cost of solar panels in Jackson is about $12,850 for a 5-kW system and $25,700 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact the value of my home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Jackson is currently $88,900, so you could be looking at a value of about $3,645 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Jackson is a worthwhile investment.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.