Solar Panel Cost Guide in Crystal Springs, MS (2023 Update)
- Crystal Springs Solar Installation Cost: $15,389
- 25-Year Savings: $25,315
- Payback Period: 9.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Crystal Springs
We break down average solar pricing in Crystal Springs.
In Crystal Springs, solar panels cost about 2.64 per watt on average. To cover the typical energy usage 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 $15,394, or $22,013 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average Crystal Springs homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. For many homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $19,000 in savings on energy bills over 20 years.
To receive a free quote from a vetted solar installer in Crystal Springs, you can click the button below.
Solar savings over time in Crystal Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-15,254 |
| 3 years | $-14,982 |
| 5 years | $-14,711 |
| 7 years | $-14,439 |
| 9 years | $-14,168 |
| 11 years | $-13,897 |
| 13 years | $-13,625 |
| 15 years | $-13,354 |
| 17 years | $-13,083 |
| 19 years | $-12,811 |
| 21 years | $-12,540 |
| 23 years | $-12,269 |
| 25 years | $-11,997 |
Top Solar Installers in Crystal Springs
When making the switch to solar, many homeowners choose to go with a solar company since installing a solar system yourself can be a challenging project. A solar installer can also help save you money in the long run by providing warranties, repairs and system component replacements.
If you'd like to make the switch to solar but still aren't certain which solar system company to go with, here are our recommendations for providers in Crystal Springs:
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 Crystal Springs
Factors that Affect Solar Panel Costs in Crystal Springs
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that will push your cost above or below the average in Crystal Springs: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
When it comes to estimating the price of solar panels in Crystal Springs, one of the most crucial 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 determine by looking at past power bills. Your overall cost can increase by around $2,640 for each additional kilowatt you need. There are many different solar panel brands and the one you pick also affects the cost. In many cases, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you want to install 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
Solar panels can save you money on power bills over time, but they can also be a significant investment. That's why many Crystal Springs homeowners choose to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also increases your overall costs, so it's crucial to include that in your estimate as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panels can affect your pricing. Crystal Springs' solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Crystal Springs know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $17,796 | 9.8 years |
| 8 kW | $2.69 | $15,080 | $24,023 | 9.6 years |
| 10 kW | $2.64 | $18,480 | $30,399 | 9.5 years |
| 12 kW | $2.59 | $21,732 | $36,922 | 9.3 years |
| 14 kW | $2.53 | $24,837 | $43,593 | 9.1 years |
| 16 kW | $2.48 | $27,794 | $50,412 | 8.9 years |
| 18 kW | $2.43 | $30,603 | $57,379 | 8.7 years |
| 20 kW | $2.38 | $33,264 | $64,494 | 8.5 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. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can check your installer's reputation is by reading reviews.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
- Contract: When reading over your solar installer'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 the company going out of business.
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 Crystal Springs, MS Solar Cost FAQs
What is the average cost of installing solar panels in Crystal Springs?
The average cost of solar panels in Crystal Springs is about $13,200 for a 5-kW system and $26,400 for a 10-kW system before the ITC, but the actual cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Crystal Springs?
You can't get solar panels for free in Crystal Springs. 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 want to own your solar panels, you can finance them with a solar loan.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of 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.