Solar Panel Cost Guide in Leland, MS (2023 Update)
- Leland Solar Installation Cost: $15,471
- 25-Year Savings: $27,366
- Payback Period: 9.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Leland
We break down average solar pricing in Leland.
Although the national average of solar panels is $2.66 per watt, solar panels in Leland generally cost about 2.64. The average solar panel system size in Leland is around 8.4 kilowatts, meaning a cost of about $15,468 for a solar installation, or $22,119 before the 30% federal solar 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 consumption, the type of solar panels you want, your solar contractor and more. But, once you've paid the initial cost of installation, the return on investment for most homeowners is usually rewarding, 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 company, click the button below.
Solar savings over time in Leland
| Year | Return on Investment |
|---|---|
| 1 years | $-15,328 |
| 3 years | $-15,042 |
| 5 years | $-14,757 |
| 7 years | $-14,471 |
| 9 years | $-14,186 |
| 11 years | $-13,900 |
| 13 years | $-13,614 |
| 15 years | $-13,329 |
| 17 years | $-13,043 |
| 19 years | $-12,758 |
| 21 years | $-12,472 |
| 23 years | $-12,187 |
| 25 years | $-11,901 |
Top Solar Installers in Leland
Although you can install solar panels yourself, it requires extra time and knowledge. Because of that, most homeowners choose a solar panel installer. The expertise that solar companies offer can be helpful as well, particularly if you don't quite know what kind of solar equipment would be right for your home.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some nearby:
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 Leland
Factors that Affect Solar Panel Costs in Leland
Cost is often one of the most important factors for homeowners wanting to invest 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 go over each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That's why it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Leland, where sunlight is abundant, efficiency can quickly pay off. Plus, 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
Most solar installers in Leland provide solar loans, which reduce the initial cost of installing solar. However, the interest on solar loans also adds to your total costs, so it's crucial to keep that in mind as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Leland, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. Some companies only sell high-quality, high-efficiency and high-price products — 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 offers the products, warranties and services you want and also fit into 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 | $2.75 | $11,532 | $19,170 | 9.4 years |
| 8 kW | $2.69 | $15,080 | $25,855 | 9.2 years |
| 10 kW | $2.64 | $18,480 | $32,688 | 9.0 years |
| 12 kW | $2.59 | $21,732 | $39,670 | 8.8 years |
| 14 kW | $2.53 | $24,837 | $46,799 | 8.7 years |
| 16 kW | $2.48 | $27,794 | $54,076 | 8.5 years |
| 18 kW | $2.43 | $30,603 | $61,500 | 8.3 years |
| 20 kW | $2.38 | $33,264 | $69,073 | 8.1 years |
How to Save on Solar Panels
The company that does your solar system 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:
- Contract: It's important to read your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
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 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 $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 certain factors like the type 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?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and how much direct sunlight your roof gets.
How many solar panels should I get to power my home?
To figure out what solar panel system size 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 generally produce about 250 to 400 watt-hours per hour, the average household 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.