Solar Panel Cost Guide in Pascagoula, MS (2024 Update)
- Pascagoula Solar Installation Cost: $17,701
- 25-Year Savings: $26,893
- Payback Period: 10.0 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Pascagoula
Here’s how much it might cost to go solar in Pascagoula.
In Pascagoula, solar panels cost about 3 per watt on average.Using this figure, a typical 8.1-kW system would cost about $17,701 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Pascagoula homeowners. 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.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Pascagoula can save about $21,000 on their power bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Pascagoula
| Year | Return on Investment |
|---|---|
| 1 years | $-15,917 |
| 3 years | $-12,350 |
| 5 years | $-8,782 |
| 7 years | $-5,215 |
| 9 years | $-1,647 |
| 11 years | $1,920 |
| 13 years | $5,488 |
| 15 years | $9,056 |
| 17 years | $12,623 |
| 19 years | $16,191 |
| 21 years | $19,758 |
| 23 years | $23,326 |
| 25 years | $26,893 |
Top Solar Installers in Pascagoula
Although it's possible to install solar panels by yourself, it requires extra time and know-how. That's why almost all homeowners choose to hire a solar panel installer. Some solar companies, particularly local ones, can help you take advantage of incentives in Pascagoula, optimizing your ROI.
If you’d like to make the switch to solar but still aren’t certain which solar panel company to go with, here are our recommendations 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
See all of the solar companies in Pascagoula
Factors that Affect Solar Panel Costs in Pascagoula
There are several criteria that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,140.The type of solar panels and equipment you get is another factor that will largely influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Pascagoula to be too steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area offers financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to higher prices over time due to interest.When considering your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you choose will affect your total cost to make the switch to solar energy. Different companies will charge different amounts for the equipment and labor.Some companies 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 with an above-average cost. It’s best to do some research and choose a company that has the products, warranties and services you’re looking for 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 | $19,367 | 10.4 years |
| 8 kW | $3.20 | $17,936 | $26,175 | 10.2 years |
| 10 kW | $3.14 | $21,980 | $33,158 | 10.0 years |
| 12 kW | $3.08 | $25,848 | $40,317 | 9.8 years |
| 14 kW | $3.01 | $29,541 | $47,652 | 9.6 years |
| 16 kW | $2.95 | $33,058 | $55,163 | 9.4 years |
| 18 kW | $2.89 | $36,399 | $62,849 | 9.2 years |
| 20 kW | $2.83 | $39,564 | $70,712 | 9.0 years |
How to Save on Solar Panels
The solar panel company you go with will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, such as:
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely provide quality solar panel installation and expertise.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
- Warranty: If you’re concerned about the endurance of your solar panel system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
- 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.
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 Pascagoula, MS Solar Cost FAQs
What is the average cost of installing solar panels in Pascagoula?
The average cost of solar panels in Pascagoula 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 things 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 Pascagoula?
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 property 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 financial benefits from going solar.
How will installing solar panels impact how much my home is worth?
Solar panels can increase your property’s value significantly as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
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 needs 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 house 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.