Solar Panel Cost Guide in Brookhaven, MS (2025 Update)
- Brookhaven Solar Installation Cost: $18,302
- 25-Year Savings: $25,708
- Payback Period: 11.1 Years
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Average Cost of Solar Panels in Brookhaven
Let’s take a look at the average cost of solar panels in Brookhaven.
The national average cost of solar panels is $2.66 per watt, but in Brookhaven it’s 3 per watt.Since a 8.3-kW system is needed to cover the energy consumption of a typical home in Brookhaven, the average price of going solar will be about $18,302 after claiming the federal solar tax credit of 0.
These figures are just estimates, and the cost of going solar for you will most likely vary based on your energy needs and what company you go with.For most homeowners, the upfront cost of solar panels is worth paying. On average Brookhaven homeowners see about $19,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Brookhaven for a quote for your home.
Solar savings over time in Brookhaven
Year | Return on Investment |
---|---|
1 years | $-16,934 |
3 years | $-14,199 |
5 years | $-11,464 |
7 years | $-8,730 |
9 years | $-5,995 |
11 years | $-3,260 |
13 years | $-525 |
15 years | $2,210 |
17 years | $4,945 |
19 years | $7,680 |
21 years | $10,415 |
23 years | $13,149 |
25 years | $15,884 |
Top Solar Installers in Brookhaven
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Going with a solar panel installer can make your switch to solar power much easier. A solar installer can also help save you money over the lifespan of your system by offering 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 nearby:
See all of the solar companies in Brookhaven
Factors that Affect Solar Panel Costs in Brookhaven
Even though the average cost of a solar system in Brookhaven is $18,302, your actual cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the cost of solar panels in Brookhaven, 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 total cost can increase by around $3,140 for each additional kilowatt you need.The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your energy bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Brookhaven average.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That’s why many Brookhaven homeowners choose to finance their solar panel systems to make paying for solar more affordable.However, the interest on solar loans also increases your all-in costs, so it’s crucial to take that into consideration as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Brookhaven, you’ll have many options to choose from, but each comes at various price points for labor and equipment.The size of the company can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have greater resources and better 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 down 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 | $3.27 | $13,716 | $15,897 | 11.6 years |
8 kW | $3.20 | $17,936 | $21,548 | 11.4 years |
10 kW | $3.14 | $21,980 | $27,374 | 11.1 years |
12 kW | $3.08 | $25,848 | $33,376 | 10.9 years |
14 kW | $3.01 | $29,541 | $39,555 | 10.7 years |
16 kW | $2.95 | $33,058 | $45,909 | 10.5 years |
18 kW | $2.89 | $36,399 | $52,438 | 10.2 years |
20 kW | $2.83 | $39,564 | $59,144 | 10.0 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Contract: Look through the contract terms closely to make sure you understand the cost breakdown, completion timeline incentives and warranties.
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should secure and how long the project will take.
- 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 model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of offerings before making your decision.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a quality company.
EcoWatch's Brookhaven, MS Solar Cost FAQs
What is the average cost of installing solar panels in Brookhaven?
This is a hard question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $15,700 for a 5-kW system and $31,400 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Are solar panels free in Brookhaven?
You can’t get solar panels for free in Brookhaven. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
How will installing solar panels impact my home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Brookhaven is currently $168,896, so you could be looking at a value of about $6,925 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Brookhaven is a worthwhile investment.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.