Solar Panel Cost Guide in Batesville, MS (2023 Update)
- Batesville Solar Installation Cost: $15,893
- 25-Year Savings: $22,785
- Payback Period: 10.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Batesville
Let's have a look at the average cost of solar panels in Batesville.
The average cost of a solar panel system in Batesville is 2.64 per watt. The average Batesville homeowner needs a 8.6-kilowatt system, which would cost about $15,893 with the federal tax credit, or $22,727 before the 30% tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy consumption, the type of solar system you want, your solar contractor and more. With typical savings of about $17,000 on electricity bills over 20 years, many homeowners in Batesville find installing solar panels can be quite rewarding.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Batesville
| Year | Return on Investment |
|---|---|
| 1 years | $-14,346 |
| 3 years | $-11,251 |
| 5 years | $-8,157 |
| 7 years | $-5,063 |
| 9 years | $-1,969 |
| 11 years | $1,126 |
| 13 years | $4,220 |
| 15 years | $7,314 |
| 17 years | $10,408 |
| 19 years | $13,502 |
| 21 years | $16,597 |
| 23 years | $19,691 |
| 25 years | $22,785 |
Top Solar Installers in Batesville
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. Taking advantage of a solar company can make converting to solar power much easier. Some solar companies, particularly local ones, can help you make the most of incentives in Batesville, therefore optimizing your ROI.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some nearby:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Batesville
Factors that Affect Solar Panel Costs in Batesville
There are a number of factors that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. The type of solar equipment you choose can increase or decrease your cost 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, more efficient panels could save you more over time on your energy bills. Additionally, extra products, like solar batteries, can bring your total well above the Batesville average.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are an affordable option because they cut back your upfront costs and let you pay for your system over five to seven years on average. Although solar loans make adopting solar energy more accessible for Batesville homeowners, they can also raise 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 avoid paying as much in interest.
Solar Panel Installation Company
The solar panel installation company you select will play a role in your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor. Some companies 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 find a company that has the products, warranties and services you want 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 | $2.75 | $11,532 | $15,443 | 10.7 years |
| 8 kW | $2.69 | $15,080 | $20,887 | 10.5 years |
| 10 kW | $2.64 | $18,480 | $26,478 | 10.3 years |
| 12 kW | $2.59 | $21,732 | $32,217 | 10.1 years |
| 14 kW | $2.53 | $24,837 | $38,104 | 9.9 years |
| 16 kW | $2.48 | $27,794 | $44,139 | 9.7 years |
| 18 kW | $2.43 | $30,603 | $50,322 | 9.5 years |
| 20 kW | $2.38 | $33,264 | $56,652 | 9.2 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Batesville, MS Solar Cost FAQs
How much does it cost to install solar panels in Batesville?
The average cost of solar panels in Batesville is about $13,200 for a 5-kW system and $26,400 for a 10-kW system before the ITC, but the real cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Batesville?
Solar panels can be a beneficial investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage 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.