Solar Panel Cost Guide in Leland, MS (2025 Update)
- Leland Solar Installation Cost: $18,401
- 25-Year Savings: $27,366
- Payback Period: 10.7 Years
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Average Cost of Solar Panels in Leland
Let’s have a look at the average cost of solar panels in Leland.
The national average cost of solar panels is $2.66 per watt, but in Leland it’s 3 per watt.The average Leland homeowner needs a 8.4-kilowatt system, which would cost about $18,401 with the federal tax credit, or $26,313 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Leland homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.But, once you've paid the upfront cost of installation, the ROI for most homeowners is typically fruitful, with a net average savings of about $19,000 over 20 years on power bills.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Leland
| Year | Return on Investment |
|---|---|
| 1 years | $-17,033 |
| 3 years | $-14,298 |
| 5 years | $-11,564 |
| 7 years | $-8,829 |
| 9 years | $-6,094 |
| 11 years | $-3,359 |
| 13 years | $-624 |
| 15 years | $2,111 |
| 17 years | $4,846 |
| 19 years | $7,581 |
| 21 years | $10,315 |
| 23 years | $13,050 |
| 25 years | $15,785 |
Top Solar Installers in Leland
Many homeowners opt for a solar panel company since trying to put up solar panels on your own can be a labor-intensive endeavor. Some solar installers, especially local ones, can help you make the most of incentives in Leland, thereby optimizing your ROI.
If you’d like to start using solar energy but still aren’t sure which solar system installer to go with, here are our suggestions for providers in Leland:
See all of the solar companies in Leland
Factors that Affect Solar Panel Costs in Leland
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Leland: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Leland, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can determine by looking at past electricity bills. Your total cost can increase by around $3,140 for each additional kilowatt you need.There are many different solar panel brands and the one you pick also affects the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are an affordable route because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years.It’s wise 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 off the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Leland is the company you get to install your solar panel system. Similar to choosing a company to install new cabinets, for example, you’ll have many options for solar installers that provide a range of services at different costs.Companies that 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 find a company that has 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 | $16,986 | 11.2 years |
| 8 kW | $3.20 | $17,936 | $22,999 | 11.0 years |
| 10 kW | $3.14 | $21,980 | $29,188 | 10.7 years |
| 12 kW | $3.08 | $25,848 | $35,554 | 10.5 years |
| 14 kW | $3.01 | $29,541 | $42,095 | 10.3 years |
| 16 kW | $2.95 | $33,058 | $48,812 | 10.1 years |
| 18 kW | $2.89 | $36,399 | $55,704 | 9.9 years |
| 20 kW | $2.83 | $39,564 | $62,773 | 9.7 years |
How to Save on Solar Panels
The solar installer you choose will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should keep in mind, including:
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
- Contract: Even though reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- Installation Process: When making the switch to solar, it’s essential to keep an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the project completion timeline.
EcoWatch's Leland, MS Solar Cost FAQs
What is the average cost of installing solar panels in Leland?
The average cost of solar panels in Leland 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 consume.
Is it better to lease or buy solar panels in Leland?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Does Leland have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future utility bills.
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.