Solar Panel Cost Guide in Moss Point, MS (2023 Update)
- Moss Point Solar Installation Cost: $14,882
- 25-Year Savings: $29,522
- Payback Period: 8.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Moss Point
Find out how much it might cost to go solar in Moss Point.
In Moss Point, solar panels cost about 2.64 per watt on average. Because a 8.1-kW system is needed to cover the energy costs of a typical home in Moss Point, the average price of going solar will be about $14,876 after claiming the federal solar tax credit of 30%.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy consumption, the type of solar system you choose, your solar contractor and more. Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Moss Point can save about $21,000 on their power bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Moss Point
| Year | Return on Investment |
|---|---|
| 1 years | $-13,054 |
| 3 years | $-9,398 |
| 5 years | $-5,742 |
| 7 years | $-2,086 |
| 9 years | $1,570 |
| 11 years | $5,226 |
| 13 years | $8,882 |
| 15 years | $12,538 |
| 17 years | $16,194 |
| 19 years | $19,850 |
| 21 years | $23,507 |
| 23 years | $27,163 |
| 25 years | $30,819 |
Top Solar Installers in Moss Point
Many homeowners opt for a solar installer since trying to install solar panels by yourself can be a lot of work. Plus, if you aren't sure what kind of solar panels and equipment you may need, a solar expert can help you find the right equipment for you after a site survey and consultation.
Working with a vetted solar company can make going solar easier. 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
See all of the solar companies in Moss Point
Factors that Affect Solar Panel Costs in Moss Point
The cost of installing a solar system in Moss Point can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the price of solar panels in Moss Point, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can figure out by looking at past energy bills. Your overall cost can increase by about $2,640 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Moss Point, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Moss Point to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to higher prices over time due to interest. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panel system can influence your pricing. Moss Point's solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $21,551 | 8.7 years |
| 8 kW | $2.69 | $15,080 | $29,031 | 8.5 years |
| 10 kW | $2.64 | $18,480 | $36,658 | 8.4 years |
| 12 kW | $2.59 | $21,732 | $44,433 | 8.2 years |
| 14 kW | $2.53 | $24,837 | $52,356 | 8.0 years |
| 16 kW | $2.48 | $27,794 | $60,427 | 7.9 years |
| 18 kW | $2.43 | $30,603 | $68,645 | 7.7 years |
| 20 kW | $2.38 | $33,264 | $77,012 | 7.5 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:
- Installation Process: One of the most important things 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 acquire and what the project timeline is.
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Solar Panel Brands: The model of solar panel you'd like to install plays a role in which company you should opt for, since different companies have access to different panels.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Moss Point, MS Solar Cost FAQs
How much does it cost to install solar panels in Moss Point?
The average cost of solar panels in Moss Point 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 such as the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Moss Point?
Leasing solar panels can be an option if you can't afford to pay upfront or secure 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 savings from going solar.
Can solar panels significantly reduce my energy bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Moss Point, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of 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 buy between 20 and 35 panels to cover 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.