Solar Panel Cost Guide in Kosciusko, MS (Mar 2023)
- Kosciusko Solar Installation Cost: $15,523
- 25-Year Savings: $24,734
- Payback Period: 9.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Kosciusko
We go over average solar pricing in Kosciusko.
While the national average of solar panels is $2.66 per watt, solar panels in Kosciusko generally cost about 2.64. The average solar panel system size in Kosciusko is around 8.4 kilowatts, meaning a cost of about $15,523 for a solar installation, or $22,198 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of going solar can vary depending on several factors, such as how many panels you need, your energy usage and what installation company you go with. With average savings of about $18,000 on electricity bills over 20 years, many homeowners in Kosciusko find installing solar panels can pay off big.
Click the button below to get connected to a top solar company in your area for a customized quote.
Solar savings over time in Kosciusko
| Year | Return on Investment |
|---|---|
| 1 years | $-13,913 |
| 3 years | $-10,692 |
| 5 years | $-7,472 |
| 7 years | $-4,251 |
| 9 years | $-1,031 |
| 11 years | $2,190 |
| 13 years | $5,410 |
| 15 years | $8,631 |
| 17 years | $11,852 |
| 19 years | $15,072 |
| 21 years | $18,293 |
| 23 years | $21,513 |
| 25 years | $24,734 |
Top Solar Installers in Kosciusko
Although you can install solar panels by yourself, it requires extra effort and handiness. For that reason, most people choose to go with a solar panel installer. Plus, if you're not certain what brand of solar panels and equipment you need, a solar installer can help you find the right equipment for you after a site survey and consultation.
Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Kosciusko
Factors that Affect Solar Panel Costs in Kosciusko
There are a number of factors that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend around $2,640 per kilowatt in Kosciusko. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Kosciusko, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Kosciusko homeowners choose to finance their solar panel systems to offset upfront costs. However, the interest on solar loans also increases your overall costs, so it's crucial to consider that as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar installation company you choose will impact your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Kosciusko have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 | $2.75 | $11,532 | $17,238 | 10.0 years |
| 8 kW | $2.69 | $15,080 | $23,279 | 9.8 years |
| 10 kW | $2.64 | $18,480 | $29,469 | 9.6 years |
| 12 kW | $2.59 | $21,732 | $35,806 | 9.4 years |
| 14 kW | $2.53 | $24,837 | $42,291 | 9.2 years |
| 16 kW | $2.48 | $27,794 | $48,924 | 9.1 years |
| 18 kW | $2.43 | $30,603 | $55,705 | 8.9 years |
| 20 kW | $2.38 | $33,264 | $62,633 | 8.7 years |
How to Save on Solar Panels
The solar panel company you go with will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Although there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can verify your installer's reputation is by reading reviews.
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Installation Process: When making the switch to solar energy, it's essential to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the project timeline.
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 $13,200 for a 5-kW system and $26,400 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Kosciusko?
You can't get solar panels for free in Kosciusko. However, you may still be able to afford 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.
Is it worth going solar in Kosciusko?
Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already pretty low, solar panels might not be for you.
How long do solar panels last in Kosciusko?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.