Solar Panel Cost Guide in Ocean Springs, MS (2025 Update)
- Ocean Springs Solar Installation Cost: $17,701
- 25-Year Savings: $26,633
- Payback Period: 10.1 Years
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Average Cost of Solar Panels in Ocean Springs
We go over average solar pricing in Ocean Springs.
The average cost of a solar system in Ocean Springs is 3 per watt.Using this figure, a typical 8.1-kW system would cost about $17,701 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of making the switch to solar can vary depending on multiple factors, such as how many panels you need, your energy usage and what company you go with.For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Ocean Springs see about $21,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a vetted solar company in Ocean Springs that can help you get a more accurate cost estimate for your home.
Solar savings over time in Ocean Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-15,928 |
| 3 years | $-12,381 |
| 5 years | $-8,834 |
| 7 years | $-5,288 |
| 9 years | $-1,741 |
| 11 years | $1,806 |
| 13 years | $5,353 |
| 15 years | $8,899 |
| 17 years | $12,446 |
| 19 years | $15,993 |
| 21 years | $19,539 |
| 23 years | $23,086 |
| 25 years | $26,633 |
Top Solar Installers in Ocean Springs
Installing solar panels on your own can be a time-consuming undertaking, which is why using a solar installation company is a good option for many homeowners. In addition, if you’d like to maximize your investment in solar energy, going with a solar installer can help with that as well. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives and net metering programs.
If you’d like to start using solar energy but still aren’t sure which solar company to go with, here are our suggestions for providers nearby:
See all of the solar companies in Ocean Springs
Factors that Affect Solar Panel Costs in Ocean Springs
While the average cost of a solar system in Ocean Springs is $17,701, your actual cost may be higher or lower than that. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
When it comes to estimating the cost of a solar system in Ocean Springs, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can figure out by looking at past power bills. Your overall cost can increase by around $3,140 for each additional kilowatt you need.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your energy bills. Additionally, add-on products, like solar batteries, can bring your total well above the Ocean Springs average.
Solar Financing Terms
Many homeowners find the average cost of solar in Ocean Springs to be too steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in paying more over time due to interest.While solar loans make going solar more accessible for Ocean Springs homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Ocean Springs is the company you hire to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, you’ll have many options for solar installers that provide a range of services at different price points.Additionally, some companies in Ocean Springs are more knowledgeable 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 end up saving you 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 | $3.27 | $13,716 | $18,922 | 10.5 years |
| 8 kW | $3.20 | $17,936 | $25,581 | 10.3 years |
| 10 kW | $3.14 | $21,980 | $32,416 | 10.1 years |
| 12 kW | $3.08 | $25,848 | $39,427 | 9.9 years |
| 14 kW | $3.01 | $29,541 | $46,613 | 9.7 years |
| 16 kW | $2.95 | $33,058 | $53,976 | 9.5 years |
| 18 kW | $2.89 | $36,399 | $61,514 | 9.3 years |
| 20 kW | $2.83 | $39,564 | $69,228 | 9.1 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose greatly influences your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: When reading through your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Solar Panel Brands: The model of solar panel you’d like plays a part in which installer you should go with, since different companies provide different panels.
- Warranty: If you’re worried about the endurance of your solar energy system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
EcoWatch's Ocean Springs, MS Solar Cost FAQs
How much does it cost to install solar panels in Ocean Springs?
The average cost of solar panels in Ocean Springs is about $15,700 for a 5-kW system and $31,400 for a 10-kW system before the ITC, but the actual 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.
Can you get solar panels for free in Ocean Springs?
A solar panel system isn’t free in Ocean Springs, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.