Solar Panel Cost Guide in D'Iberville, MS (2024 Update)
- D'Iberville Solar Installation Cost: $17,602
- 25-Year Savings: $29,299
- Payback Period: 10.0 Years
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Average Cost of Solar Panels in D'Iberville
Find out how much it might cost to go solar in D'Iberville.
The average cost of solar panels in D'Iberville is 3 per watt.Using this figure, a typical 8.0-kW system would cost about $17,602 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy consumption, the type of solar panels you choose, your solar contractor and more.With average savings of about $21,000 on power bills over 20 years, many homeowners in D'Iberville find investing in solar can pay off big.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in D'Iberville
| Year | Return on Investment |
|---|---|
| 1 years | $-15,774 |
| 3 years | $-12,118 |
| 5 years | $-8,461 |
| 7 years | $-4,805 |
| 9 years | $-1,149 |
| 11 years | $2,507 |
| 13 years | $6,163 |
| 15 years | $9,819 |
| 17 years | $13,475 |
| 19 years | $17,131 |
| 21 years | $20,787 |
| 23 years | $24,443 |
| 25 years | $28,099 |
Top Solar Installers in D'Iberville
Trying to install solar panels by yourself can be a challenging project, which is why using a solar installation company is a good option for many homeowners. Some solar installers, particularly local ones, can help you better understand incentives in D'Iberville, optimizing your ROI.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
See all of the solar companies in D'Iberville
Factors that Affect Solar Panel Costs in D'Iberville
The cost of installing a solar system in D'Iberville can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,140. The type of solar panels and equipment you get is another factor that will largely impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Plus, solar equipment is more than just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are provided by most installers in D'Iberville, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also adds to your total costs, so it’s vital to include that in your estimate as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you go with to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar panel companies operating in D'Iberville, and each can charge varying amounts for labor and equipment.The size of the company can sometimes play the most considerable role in the cost of installation. 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 generally 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 | $19,325 | 10.4 years |
| 8 kW | $3.20 | $17,936 | $26,118 | 10.2 years |
| 10 kW | $3.14 | $21,980 | $33,087 | 10.0 years |
| 12 kW | $3.08 | $25,848 | $40,232 | 9.8 years |
| 14 kW | $3.01 | $29,541 | $47,553 | 9.6 years |
| 16 kW | $2.95 | $33,058 | $55,049 | 9.4 years |
| 18 kW | $2.89 | $36,399 | $62,722 | 9.2 years |
| 20 kW | $2.83 | $39,564 | $70,570 | 9.0 years |
How to Save on Solar Panels
The solar company you opt for will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, including:
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should secure and how long the project will take.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it 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: An all-inclusive, long-term warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
EcoWatch's D'Iberville, MS Solar Cost FAQs
What is the average cost of installing solar panels in D'Iberville?
The average cost of solar panels in D'Iberville is about $15,700 for a 5-kW system and $31,400 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in D'Iberville?
You can’t get solar panels for free in D'Iberville. 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 much can I save on energy bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout D'Iberville, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
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 needs 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 house 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.