Solar Panel Cost Guide in Ellisville, MS (2024 Update)

  • Ellisville Solar Installation Cost: $18,140
  • 25-Year Savings: $29,672
  • Payback Period: 10.1 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

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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 Ellisville

Find out how much it might cost to make the switch to solar in Ellisville.

The average cost of a solar system in Ellisville is 3 per watt.To cover the typical energy needs of the average home in Ellisville, most homeowners require a 8.3-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,140, or $25,940 before the federal solar tax credit of 0 is applied.

The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of making the switch to solar can vary quite a bit depending on several factors, such as how many panels you need, your energy consumption and what solar installer you go with.For many homeowners, the upfront cost of solar is worth paying. On average Ellisville homeowners see about $21,000 in savings on electricity bills over 20 years.

For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Ellisville

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 $1,968
13 years $5,624
15 years $9,280
17 years $12,936
19 years $16,592
21 years $20,249
23 years $23,905
25 years $27,561

Top Solar Installers in Ellisville

DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Using an installer can make converting to solar power much easier. The expertise that solar installers provide can be invaluable as well, particularly if you aren’t sure what brand of solar equipment would be right for your home.

If you’d like to go solar but still aren’t certain which solar installer to go with, here are our recommendations for providers near you:

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 Ellisville

Factors that Affect Solar Panel Costs in Ellisville

There are several criteria that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.

Solar Equipment

One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend around $3,140 per kilowatt in Ellisville.The brand of solar panels and equipment you choose is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on 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’s in your budget.

Solar Financing Terms

If paying for a solar system in cash is difficult, solar loans are an affordable route because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.Though solar loans make adopting solar energy more accessible for Ellisville homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

Finally, the company you get to install your solar system can impact your pricing. Ellisville’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Ellisville know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, 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 $3.27 $13,716 $18,944 10.5 years
8 kW $3.20 $17,936 $25,610 10.3 years
10 kW $3.14 $21,980 $32,452 10.1 years
12 kW $3.08 $25,848 $39,470 9.9 years
14 kW $3.01 $29,541 $46,664 9.7 years
16 kW $2.95 $33,058 $54,034 9.5 years
18 kW $2.89 $36,399 $61,579 9.3 years
20 kW $2.83 $39,564 $69,300 9.1 years

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:

  • Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely provide good-quality solar panel installation and expertise.
  • Warranty: If you’re worried about the endurance of your solar system, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
  • Contract: Read the contract terms carefully to make sure you understand the cost breakdown, project timeline incentives and warranties.
  • Installation Process: When going solar, it’s crucial to keep an open line of communication with your solar installer. Make sure you understand how the installation process will go and the completion timeline.

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 Ellisville, MS Solar Cost FAQs

What is the average cost of installing solar panels in Ellisville?

The average cost of solar panels in Ellisville is about $15,700 for a 5-kW system and $31,400 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.

Can you get solar panels for free in Ellisville?

A solar panel system isn’t free in Ellisville, 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 can help lower the cost.

How will installing solar panels impact my property value?

Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Ellisville is currently $180,068, so you can expect a value of about $7,383 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Ellisville is a worthwhile investment.

What solar power system size is right for my home?

To figure out what solar panel system size you need, you need to know 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.

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