Solar Panel Cost Guide in Jackson, MO (2023 Update)
- Jackson Solar Installation Cost: $13,008
- 25-Year Savings: $19,314
- Payback Period: 10.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Jackson
Let's have a look at the average cost of solar in Jackson.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Jackson, the typical cost of a solar system is 2.59 per watt. The average Jackson homeowner needs a 7.2-kilowatt system, which would cost about $12,999 with the federal tax credit, or $18,589 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of going solar can vary depending on multiple factors, such as how many panels you need, your energy consumption and what solar installer you go with. Many homeowners find installing a solar panel system is a fruitful investment. The average homeowner in Jackson can save about $17,000 on their energy bills over 20 years.
Click the button below to get connected to a vetted solar company in your area for a customized quote.
Solar savings over time in Jackson
| Year | Return on Investment |
|---|---|
| 1 years | $-12,900 |
| 3 years | $-12,685 |
| 5 years | $-12,469 |
| 7 years | $-12,254 |
| 9 years | $-12,038 |
| 11 years | $-11,823 |
| 13 years | $-11,607 |
| 15 years | $-11,392 |
| 17 years | $-11,176 |
| 19 years | $-10,961 |
| 21 years | $-10,745 |
| 23 years | $-10,530 |
| 25 years | $-10,314 |
Top Solar Installers in Jackson
Many homeowners opt for a solar panel company since trying to put up solar panels by yourself can be time-consuming. Plus, if you aren't sure what kind of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.
Working with a licensed solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Jackson
Factors that Affect Solar Panel Costs in Jackson
Although the average cost of a solar system in Jackson is $12,999, your final cost may be above or below the average. There are many factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
When it comes to estimating the price of a solar system in Jackson, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can gauge by looking at past electricity bills. Your overall cost can increase by around $2,590 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Jackson, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That's why many Jackson homeowners opt to finance their solar panel systems to make paying for solar more affordable. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you get to install your solar system can impact your pricing. Jackson's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.69 | $11,313 | $15,716 | 10.5 years |
| 8 kW | $2.64 | $14,794 | $21,245 | 10.3 years |
| 10 kW | $2.59 | $18,130 | $26,919 | 10.1 years |
| 12 kW | $2.54 | $21,321 | $32,738 | 9.9 years |
| 14 kW | $2.49 | $24,367 | $38,702 | 9.7 years |
| 16 kW | $2.43 | $27,268 | $44,811 | 9.5 years |
| 18 kW | $2.38 | $30,023 | $51,065 | 9.3 years |
| 20 kW | $2.33 | $32,634 | $57,464 | 9.1 years |
How to Save on Solar Panels
There are many companies to choose from in Jackson, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
- Warranty: If you're worried about the endurance of your solar system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely offer good-quality solar panel installation and expertise.
- Contract: Though reading through a contract can take a lot of time, 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.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Jackson, MO Solar Cost FAQs
What is the average cost of installing solar panels in Jackson?
The average cost of solar panels in Jackson is about $12,950 for a 5-kW system and $25,900 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Jackson?
Leasing solar panels can be an option if you can't afford to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
How much can I save on energy bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Jackson, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
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 how much sunlight your roof gets. You can take a 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.