Solar Panel Cost Guide in Columbia, MS (2025 Update)
- Columbia Solar Installation Cost: $18,140
- 25-Year Savings: $30,589
- Payback Period: 9.9 Years
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Average Cost of Solar Panels in Columbia
See how much it might cost to make the switch to solar in Columbia.
The average cost of solar panels in Columbia is 3 per watt.Using this figure, a typical 8.3-kW system would cost about $18,140 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The true cost of making the switch to solar can vary depending on multiple factors, such as how many panels you need, your energy usage and what installation company you go with.But, after you've paid the initial cost of installation, the return on investment for most homeowners is usually good, with a net average savings of about $21,000 over 20 years on power bills.
To receive a free quote from a pre-vetted solar installation company in Columbia, you can click the button below.
Solar savings over time in Columbia
| Year | Return on Investment |
|---|---|
| 1 years | $-16,312 |
| 3 years | $-12,656 |
| 5 years | $-9,000 |
| 7 years | $-5,344 |
| 9 years | $-1,688 |
| 11 years | $1,969 |
| 13 years | $5,625 |
| 15 years | $9,281 |
| 17 years | $12,937 |
| 19 years | $16,593 |
| 21 years | $20,249 |
| 23 years | $23,905 |
| 25 years | $27,561 |
Top Solar Installers in Columbia
Although it's possible to install solar panels yourself, it requires extra labor and knowledge. Because of that, almost all homeowners choose to go with a solar panel installer. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run with their warranties, repair services and expert design.
Working with a vetted solar company can help you make the most of your investment in solar. Here are our recommendations:
See all of the solar companies in Columbia
Factors that Affect Solar Panel Costs in Columbia
Although the average cost of a solar system in Columbia is $18,140, your actual cost may differ. 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 crucial things to keep in mind.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend about $3,140 per kilowatt in Columbia.The model of solar panels and equipment you want is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are an affordable option because they reduce your upfront costs and allow you to pay for your system over five to seven years on average.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies in Columbia, and each can charge different amounts for labor and equipment.The company’s size can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because of more 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 discount 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 | $19,611 | 10.3 years |
| 8 kW | $3.20 | $17,936 | $26,500 | 10.1 years |
| 10 kW | $3.14 | $21,980 | $33,564 | 9.9 years |
| 12 kW | $3.08 | $25,848 | $40,804 | 9.7 years |
| 14 kW | $3.01 | $29,541 | $48,221 | 9.5 years |
| 16 kW | $2.95 | $33,058 | $55,813 | 9.3 years |
| 18 kW | $2.89 | $36,399 | $63,581 | 9.1 years |
| 20 kW | $2.83 | $39,564 | $71,524 | 8.9 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one sign of a quality company.
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
EcoWatch's Columbia, MS Solar Cost FAQs
What is the average cost of installing solar panels in Columbia?
This is a difficult question to answer exactly, because the cost depends on a variety of 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 other solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Columbia?
Solar panels aren’t free in Columbia, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Can you sell solar power back to the grid in Columbia?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future electricity bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage 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.