Solar Panel Cost Guide in Ellisville, MS (2023 Update)
- Ellisville Solar Installation Cost: $15,246
- 25-Year Savings: $29,678
- Payback Period: 8.5 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Ellisville
We go over average solar pricing in Ellisville.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Ellisville, the average cost of a solar system is 2.64 per watt. The average solar panel system size in Ellisville is around 8.2 kilowatts, meaning a cost of about $15,246 for a solar installation, or $21,802 before the 30% federal solar tax credit is applied.
These figures are just estimates, and the cost of going solar for you will differ based on factors unique to your home and what company you want to go with. Many homeowners find going solar is a fruitful investment. The average homeowner in Ellisville can save around $21,000 on their energy bills over 20 years.
You can click the button below to get connected with a vetted solar company in Ellisville that can help you get a more accurate cost estimate for your home.
Solar savings over time in Ellisville
| Year | Return on Investment |
|---|---|
| 1 years | $-13,449 |
| 3 years | $-9,855 |
| 5 years | $-6,261 |
| 7 years | $-2,667 |
| 9 years | $927 |
| 11 years | $4,520 |
| 13 years | $8,114 |
| 15 years | $11,708 |
| 17 years | $15,302 |
| 19 years | $18,896 |
| 21 years | $22,490 |
| 23 years | $26,084 |
| 25 years | $29,678 |
Top Solar Installers in Ellisville
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Taking advantage of a solar company can make your swap to solar power much easier. The payback period on an investment in solar panels will vary depending on factors like your location and energy use, but going with a solar company can shorten it. Your provider will be able to help you get the most out of incentives available in your area.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some near you:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Ellisville
Factors that Affect Solar Panel Costs in Ellisville
Although the average cost of a solar system in Ellisville is $15,246, your actual cost may be above or below the average. There are many factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,640. There are several different solar panel brands and the one you choose also affects the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are offered by most installers in Ellisville, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar company you hire to handle your switch to clean energy can play a role in your total costs. There are about 3 solar installation companies in Ellisville, and each can charge varying amounts for labor and equipment. The company's size sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger companies.
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 | $21,128 | 8.8 years |
| 8 kW | $2.69 | $15,080 | $28,466 | 8.7 years |
| 10 kW | $2.64 | $18,480 | $35,952 | 8.5 years |
| 12 kW | $2.59 | $21,732 | $43,586 | 8.3 years |
| 14 kW | $2.53 | $24,837 | $51,368 | 8.1 years |
| 16 kW | $2.48 | $27,794 | $59,298 | 8.0 years |
| 18 kW | $2.43 | $30,603 | $67,375 | 7.8 years |
| 20 kW | $2.38 | $33,264 | $75,600 | 7.6 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. Two 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 past customers.
- Contract: When looking over your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- 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.
- Solar Panel Brands: Different companies carry different brands and types of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 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 $13,200 for a 5-kW system and $26,400 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
Cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Ellisville?
Most states have net metering programs of some kind. Through these, you can be compensated for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home requires 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.