Solar Panel Cost Guide in Pascagoula, MS (2023 Update)
- Pascagoula Solar Installation Cost: $14,876
- 25-Year Savings: $29,528
- Payback Period: 8.4 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Pascagoula
See how much it might cost to go solar in Pascagoula.
In Pascagoula, solar panels cost about 2.64 per watt on average. To cover the typical energy needs of the average home in Pascagoula, most homeowners require a 8.1-kilowatt system. Using the figure above, a solar installation costs around $14,876, or $21,273 before the federal solar tax credit of 30% is applied.
Bear 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 your situation, like your household energy use and solar contractor. With typical savings of about $21,000 on power bills over 20 years, many homeowners in Pascagoula find going solar can pay off big.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Pascagoula
| 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 Pascagoula
Many homeowners decide to use a solar panel company since trying to install solar panels yourself can be hard. Companies can also provide access to various kinds of the best solar panels and help you choose which one will be right for your family.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in Pascagoula: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
When it comes to estimating the price of solar panels in Pascagoula, one of the most important 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 total cost can increase by about $2,640 for each additional kilowatt you need. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your power bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Pascagoula average.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a solid option because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years. Although solar loans make switching to solar energy more accessible for Pascagoula homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Pascagoula is the company you get to install your solar panel system. Similar to choosing a company to install new cabinets, for instance, you'll have many options for solar installers that provide a range of services at different costs. Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car 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 company 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 tips to keep in mind to help with your decision:
- Contract: Although reading through a contract can take a lot of time, it's important to do it thoroughly so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. While there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of options before deciding.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
- Warranty: Warranties that cover defective panels and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $13,200 for a 5-kW system and $26,400 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Pascagoula?
Leasing solar panels can be an appealing choice, because it typically comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,102.76 per year.
How long do solar panels last in Pascagoula?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.