Solar Panel Cost Guide in Kosciusko, MS (2024 Update)
- Kosciusko Solar Installation Cost: $18,454
- 25-Year Savings: $24,742
- Payback Period: 11.5 Years
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Average Cost of Solar Panels in Kosciusko
Find out what the average cost of a solar system is in Kosciusko.
In Kosciusko, solar panels cost about 3 per watt on average.The average Kosciusko homeowner needs a 8.4-kilowatt system, which would cost about $18,454 with the federal tax credit, or $26,389 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of solar panels you want, your solar contractor and more.For most homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $18,000 in savings on energy bills over 20 years.
To receive a free estimate from a top solar installer in Kosciusko, you can click the button below.
Solar savings over time in Kosciusko
| Year | Return on Investment |
|---|---|
| 1 years | $-17,087 |
| 3 years | $-14,352 |
| 5 years | $-11,617 |
| 7 years | $-8,882 |
| 9 years | $-6,147 |
| 11 years | $-3,412 |
| 13 years | $-677 |
| 15 years | $2,058 |
| 17 years | $4,792 |
| 19 years | $7,527 |
| 21 years | $10,262 |
| 23 years | $12,997 |
| 25 years | $15,732 |
Top Solar Installers in Kosciusko
Many homeowners choose to use a solar panel company since figuring out how to install solar panels yourself can be a labor-intensive endeavor. The expertise that solar companies offer can be valuable as well, particularly if you don’t quite know what brand of solar equipment would be right for your home.
If you’d like to make the switch to solar but still aren’t sure which solar panel installer to go with, here are our recommendations for providers in Kosciusko:
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 Kosciusko
Factors that Affect Solar Panel Costs in Kosciusko
There are several factors that can affect 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 significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,140. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your power bills. In addition, extra products, such as solar batteries, can bump up your total well above the Kosciusko average.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a popular route because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can influence the cost. Kosciusko’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays 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 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 down 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 | $3.27 | $13,716 | $15,054 | 11.9 years |
| 8 kW | $3.20 | $17,936 | $20,423 | 11.7 years |
| 10 kW | $3.14 | $21,980 | $25,969 | 11.5 years |
| 12 kW | $3.08 | $25,848 | $31,690 | 11.2 years |
| 14 kW | $3.01 | $29,541 | $37,587 | 11.0 years |
| 16 kW | $2.95 | $33,058 | $43,660 | 10.8 years |
| 18 kW | $2.89 | $36,399 | $49,909 | 10.5 years |
| 20 kW | $2.83 | $39,564 | $56,333 | 10.3 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Different companies carry different brands and kinds of panels. If you know you want a specific brand, make sure the solar company you’re considering has it.
- Reputation: Your solar installer should have a good 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 good reviews from past customers.
- Warranty: If you’re worried about the longevity of your solar system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
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 Kosciusko, MS Solar Cost FAQs
How much does it cost to install solar panels in Kosciusko?
The average cost of solar panels in Kosciusko 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 stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Kosciusko?
Solar panels aren’t free in Kosciusko, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is it worth going solar in Kosciusko?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How long do solar panels last in Kosciusko?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.
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.