Solar Panel Cost Guide in Moss Point, MS (Mar 2023)
- Moss Point Solar Installation Cost: $14,876
- 25-Year Savings: $29,528
- Payback Period: 8.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Moss Point
Let's take a look at the average cost of solar panels in Moss Point.
Although the national average of solar panels is $2.66 per watt, solar panels in Moss Point typically cost around 2.64. The average solar panel system size in Moss Point is around 8.1 kilowatts, meaning a cost of about $14,876 for a solar installation, or $21,273 before the 30% federal solar tax credit is applied.
The true price you pay can go above or below the average in Moss Point depending on several factors, such as the brand of solar panels you choose and the solar installer you hire. With typical savings of about $21,000 on power bills over 20 years, many homeowners in Moss Point find installing solar panels has a decent ROI.
You can click the button below to get connected with a pre-vetted solar installer in Moss Point for a quote for your home.
Solar savings over time in Moss Point
| Year | Return on Investment |
|---|---|
| 1 years | $-13,100 |
| 3 years | $-9,548 |
| 5 years | $-5,996 |
| 7 years | $-2,443 |
| 9 years | $1,109 |
| 11 years | $4,661 |
| 13 years | $8,214 |
| 15 years | $11,766 |
| 17 years | $15,318 |
| 19 years | $18,871 |
| 21 years | $22,423 |
| 23 years | $25,976 |
| 25 years | $29,528 |
Top Solar Installers in Moss Point
Although you can install solar panels by yourself, it takes extra energy and knowledge. For that reason, most people choose a solar panel installer. Plus, if you aren't sure what kind of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.
If you'd like to switch to solar energy but still aren't sure which solar company to go with, here are our suggestions for providers near you:
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 Moss Point
Factors that Affect Solar Panel Costs in Moss Point
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that affect your total cost in Moss Point: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
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 largely based on your home's energy usage, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $2,640 for each additional kilowatt you need. Some solar 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. Plus, if you have a small roof or you don't have a lot of 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
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in Moss Point, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable. You'll have to consider the long-term cost of loans, including the total 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 securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Moss Point, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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
Since the kind of solar panels and the installer you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Even though reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project completion timeline.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Moss Point, MS Solar Cost FAQs
What is the average cost of installing solar panels in Moss Point?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $13,200 for a 5-kW system and $26,400 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on energy bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Moss Point, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.