Solar Panel Cost Guide in Batesville, MS (2025 Update)
- Batesville Solar Installation Cost: $18,910
- 25-Year Savings: $22,780
- Payback Period: 12.2 Years
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Average Cost of Solar Panels in Batesville
Find out what the average cost of solar panels are in Batesville.
While the national average of solar panels is $2.66 per watt, solar panels in Batesville typically cost around 3.The average Batesville homeowner needs a 8.6-kilowatt system, which would cost about $18,910 with the federal tax credit, or $27,041 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of installing solar panels can vary depending on a few factors, such as how many panels you need, your energy consumption and what installation company you go with.Even with the large upfront cost, the average Batesville homeowner can save about $17,000 on their electricity bills over 20 years, which is one of the advantages of solar.
For a free 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 | $-17,542 |
| 3 years | $-14,807 |
| 5 years | $-12,072 |
| 7 years | $-9,337 |
| 9 years | $-6,603 |
| 11 years | $-3,868 |
| 13 years | $-1,133 |
| 15 years | $1,602 |
| 17 years | $4,337 |
| 19 years | $7,072 |
| 21 years | $9,807 |
| 23 years | $12,542 |
| 25 years | $15,276 |
Top Solar Installers in Batesville
Although it's possible to install solar panels on your own, it takes extra effort and know-how. Because of that, the majority of homeowners choose to go with a solar panel installer. The expertise that solar companies provide can be helpful as well, particularly if you don’t quite know what type of solar equipment you need.
If you're looking for a solar company in Batesville, the EcoWatch team has put together a list of our top suggestions here:
See all of the solar companies in Batesville
Factors that Affect Solar Panel Costs in Batesville
For many Batesville homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Batesville, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of 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 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 $3,140.There are a lot of different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. 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
Many homeowners find the average cost of solar in Batesville to be prohibitively expensive, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in a higher cost over time due to interest.It’s wise to include 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 the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The solar installation company you pick will influence your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $13,259 | 12.7 years |
| 8 kW | $3.20 | $17,936 | $18,031 | 12.5 years |
| 10 kW | $3.14 | $21,980 | $22,978 | 12.2 years |
| 12 kW | $3.08 | $25,848 | $28,101 | 12.0 years |
| 14 kW | $3.01 | $29,541 | $33,400 | 11.7 years |
| 16 kW | $2.95 | $33,058 | $38,875 | 11.5 years |
| 18 kW | $2.89 | $36,399 | $44,526 | 11.2 years |
| 20 kW | $2.83 | $39,564 | $50,352 | 11.0 years |
How to Save on Solar Panels
There are a lot of companies available in Batesville, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you opt for.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the gold standard in the business, and offering such a warranty is one indication of a good company.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
EcoWatch's Batesville, MS Solar Cost FAQs
How much does it cost to install solar panels in Batesville?
This is a hard question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $15,700 for a 5-kW system and $31,400 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Batesville?
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 savings from going solar.
Is it worth going solar in Batesville?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
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 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.