Solar Panel Cost Guide in Diamondhead, MS (2025 Update)
- Diamondhead Solar Installation Cost: $17,510
- 25-Year Savings: $27,822
- Payback Period: 10.3 Years
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Average Cost of Solar Panels in Diamondhead
Let’s have a look at the average cost of solar panels in Diamondhead.
The average cost of solar panels in Diamondhead is 3 per watt.To account for the typical energy usage of the average home in Diamondhead, most homeowners require a 8.0-kilowatt system. Using the figure above, a solar installation costs around $17,510, or $25,039 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy consumption, the type of solar panels you want, your solar contractor and more.For most homeowners, the upfront investment in solar panels is worth paying. On average Diamondhead homeowners see about $20,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Diamondhead that can help you get a more accurate cost estimate for your home.
Solar savings over time in Diamondhead
Year | Return on Investment |
---|---|
1 years | $-15,846 |
3 years | $-12,518 |
5 years | $-9,190 |
7 years | $-5,862 |
9 years | $-2,534 |
11 years | $794 |
13 years | $4,122 |
15 years | $7,450 |
17 years | $10,778 |
19 years | $14,106 |
21 years | $17,434 |
23 years | $20,762 |
25 years | $24,090 |
Top Solar Installers in Diamondhead
When going solar, many homeowners decide to hire a solar company since overseeing your solar installation yourself can be a difficult project. In addition, if you’d like to maximize your investment in solar power, going with a solar installer can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives and net metering programs.
Working with a professional solar company can help you make the most of your investment in solar. Here are our recommendations:
See all of the solar companies in Diamondhead
Factors that Affect Solar Panel Costs in Diamondhead
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that determine your overall cost in Diamondhead: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend about $3,140 per kilowatt in Diamondhead.The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Diamondhead to be too steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Diamondhead is the company you get to install your PV system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services for different budgets.Additionally, some companies in Diamondhead have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 | $3.27 | $13,716 | $18,327 | 10.7 years |
8 kW | $3.20 | $17,936 | $24,788 | 10.5 years |
10 kW | $3.14 | $21,980 | $31,425 | 10.3 years |
12 kW | $3.08 | $25,848 | $38,238 | 10.1 years |
14 kW | $3.01 | $29,541 | $45,226 | 9.9 years |
16 kW | $2.95 | $33,058 | $52,390 | 9.7 years |
18 kW | $2.89 | $36,399 | $59,730 | 9.5 years |
20 kW | $2.83 | $39,564 | $67,246 | 9.3 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose significantly influences your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: When making the switch to solar power, it’s important to keep an open line of communication with your solar installer. Confirm that you understand how the installation process works and the project completion timeline.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Solar Panel Brands: Different companies will offer different brands and types of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
EcoWatch's Diamondhead, MS Solar Cost FAQs
How much does it cost to install solar panels in Diamondhead?
This is a tough question to answer precisely, because the cost depends on many 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. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Diamondhead?
A solar panel system isn’t free in Diamondhead, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can solar panels eliminate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,068.10 per year.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption 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.