Solar Panel Cost Guide in Crystal Springs, MS (2024 Update)

  • Crystal Springs Solar Installation Cost: $18,304
  • 25-Year Savings: $25,315
  • Payback Period: 11.2 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Crystal Springs

See how much it might cost to switch to solar power in Crystal Springs.

While the national average of solar panels is $2.66 per watt, solar panels in Crystal Springs generally cost about 3.To cover the typical energy needs of the average home in Crystal Springs, most homeowners require a 8.3-kilowatt system. Using the per-watt figure above, a solar installation costs about $18,304, or $26,175 before the federal solar tax credit of 0 is applied.

Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy use, the type of solar system you want to get, your solar contractor and more.For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Crystal Springs see about $19,000 in savings on energy bills over 20 years.

To calculate your potential savings and connect with a local solar company, click the button below.

Solar savings over time in Crystal Springs

Year Return on Investment
1 years $-16,936
3 years $-14,201
5 years $-11,467
7 years $-8,732
9 years $-5,997
11 years $-3,262
13 years $-527
15 years $2,208
17 years $4,943
19 years $7,678
21 years $10,412
23 years $13,147
25 years $15,882

Top Solar Installers in Crystal Springs

When switching to solar energy, many homeowners decide to go with a solar installer since DIY solar panel installation can be a difficult project. Companies can also provide access to various kinds of the best solar panels and help you decide which one will be best for you.

You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some in Crystal Springs:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
3.2

  • 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 Crystal Springs

Factors that Affect Solar Panel Costs in Crystal Springs

The cost of installing a solar system in Crystal Springs can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.

Solar Equipment

When it comes to estimating the cost of solar panels in Crystal Springs, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can gauge by looking at past energy bills. Your total cost can increase by around $3,140 for each additional kilowatt you need.The type 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. On the other hand, more efficient panels could save you more in the long run on your energy bills. In addition, add-on products, such as solar batteries, can bring your total well above the Crystal Springs average.

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 Crystal Springs homeowners choose to finance their solar panel systems to make going solar more affordable.Though solar loans make adopting solar energy more accessible for Crystal Springs homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The solar installer you choose to handle your switch to green energy can play a role in your total costs. There are about 3 solar panel companies in Crystal Springs, and each can charge varying amounts for labor and equipment.Companies that only sell high-quality, high-efficiency and high-price products — 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 choose a company that provides 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 $3.27 $13,716 $15,612 11.7 years
8 kW $3.20 $17,936 $21,167 11.5 years
10 kW $3.14 $21,980 $26,899 11.2 years
12 kW $3.08 $25,848 $32,806 11.0 years
14 kW $3.01 $29,541 $38,889 10.8 years
16 kW $2.95 $33,058 $45,148 10.6 years
18 kW $2.89 $36,399 $51,583 10.3 years
20 kW $2.83 $39,564 $58,194 10.1 years

How to Save on Solar Panels

The solar installer you opt for will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, including:

  • Reputation: Companies that have been in business for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
  • Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
  • Contract: When reading through your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
  • Solar Panel Brands: Different companies have various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
3.2

  • 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 Crystal Springs, MS Solar Cost FAQs

What is the average cost of installing solar panels in Crystal Springs?

This is a tough question to answer exactly, 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 be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.

Is it better to lease or buy solar panels in Crystal Springs?

Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property 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 bang for your buck from going solar.

How much can I save on power bills after installing solar panels?

It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Crystal Springs, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.

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 decreases 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.

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.

Follow us