Solar Panel Cost Guide in Hattiesburg, MS (2024 Update)
- Hattiesburg Solar Installation Cost: $18,141
- 25-Year Savings: $30,548
- Payback Period: 9.9 Years
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Average Cost of Solar Panels in Hattiesburg
Find out what the average cost of solar panel installation is in Hattiesburg.
The average cost of a solar panel system in Hattiesburg is 3 per watt.Because a 8.3-kW system is needed to cover the energy usage of a typical home in Hattiesburg, the average price of going solar will be about $18,141 after claiming the federal solar tax credit of 0.
The true cost of your system can be above or below the average in Hattiesburg depending on a few factors, such as the brand of solar panels you choose and the solar contractor you hire.Many homeowners find installing solar panels is a sound investment. The average homeowner in Hattiesburg can save about $21,000 on their power bills over 20 years.
Click the button below to get connected to a reputable solar company in Hattiesburg for a customized quote.
Solar savings over time in Hattiesburg
| Year | Return on Investment |
|---|---|
| 1 years | $-16,316 |
| 3 years | $-12,665 |
| 5 years | $-9,014 |
| 7 years | $-5,363 |
| 9 years | $-1,712 |
| 11 years | $1,939 |
| 13 years | $5,590 |
| 15 years | $9,241 |
| 17 years | $12,892 |
| 19 years | $16,543 |
| 21 years | $20,194 |
| 23 years | $23,845 |
| 25 years | $27,495 |
Top Solar Installers in Hattiesburg
Installing solar panels yourself can be a challenging undertaking, which is why getting a solar installer is a good option for many homeowners. Plus, if you’d like to maximize your investment in solar power, using a solar company can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives and net metering programs.
If you’d like to make the switch to solar but still aren’t certain which solar system installer to go with, here are our suggestions for providers near you:
Best National Provider
SunPower
- 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
- 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 Hattiesburg
Factors that Affect Solar Panel Costs in Hattiesburg
There are many criteria that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,140. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive 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. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That’s why many Hattiesburg homeowners opt to finance their solar panel systems to make going solar more affordable.When estimating your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you hire to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar panel companies in Hattiesburg, and each can charge varying amounts for labor and equipment.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and go with the company that offers the products, warranties and services you want and also fits within your budget.
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 | $19,580 | 10.3 years |
| 8 kW | $3.20 | $17,936 | $26,458 | 10.1 years |
| 10 kW | $3.14 | $21,980 | $33,512 | 9.9 years |
| 12 kW | $3.08 | $25,848 | $40,742 | 9.7 years |
| 14 kW | $3.01 | $29,541 | $48,148 | 9.5 years |
| 16 kW | $2.95 | $33,058 | $55,730 | 9.3 years |
| 18 kW | $2.89 | $36,399 | $63,487 | 9.1 years |
| 20 kW | $2.83 | $39,564 | $71,420 | 8.9 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 brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The kind of solar panel you’d like plays a role in which company you should go with, since different companies offer different panels.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should secure and how long the project will take.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated 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 satisfied reviews from previous customers.
Best National Provider
SunPower
- 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
- 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 Hattiesburg, MS Solar Cost FAQs
How much does it cost to install solar panels in Hattiesburg?
The average cost of solar panels in Hattiesburg 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 stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Is it worth going solar in Hattiesburg?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can take a 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 install 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.