Solar Panel Cost Guide in Picayune, MS (2025 Update)
- Picayune Solar Installation Cost: $18,172
- 25-Year Savings: $30,019
- Payback Period: 10.0 Years
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Average Cost of Solar Panels in Picayune
See how much it might cost to make the switch to solar in Picayune.
The national average cost of solar panels is $2.66 per watt, but in Picayune it’s 3 per watt.To cover the typical energy usage of the average home in Picayune, most homeowners require a 8.3-kilowatt system. Using the figure above, a solar installation costs about $18,172, or $25,986 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of making the switch to solar can vary quite a bit based on a few factors, such as how many panels you need, your energy consumption and what solar installer you go with.With typical savings of about $21,000 on energy bills over 20 years, many homeowners in Picayune find investing in solar has a decent ROI.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Picayune
| Year | Return on Investment |
|---|---|
| 1 years | $-16,399 |
| 3 years | $-12,852 |
| 5 years | $-9,305 |
| 7 years | $-5,758 |
| 9 years | $-2,212 |
| 11 years | $1,335 |
| 13 years | $4,882 |
| 15 years | $8,428 |
| 17 years | $11,975 |
| 19 years | $15,522 |
| 21 years | $19,069 |
| 23 years | $22,615 |
| 25 years | $26,162 |
Top Solar Installers in Picayune
When going solar, many homeowners prefer to use a solar company since installing a solar system yourself can be a challenging project. Since solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
If you’d like to switch to solar energy but still aren’t certain which solar system company to go with, here are our suggestions for providers near you:
See all of the solar companies in Picayune
Factors that Affect Solar Panel Costs in Picayune
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that determine your overall cost in Picayune: 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 cost of a solar system in Picayune, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can figure out by looking at past electricity bills. Your total cost can increase by around $3,140 for each additional kilowatt you need.The kind of solar equipment you choose can increase or decrease your cost 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, higher efficiency could save you more over time on your energy bills. Additionally, extra products, like solar batteries, can bring your total well above the Picayune average.
Solar Financing Terms
Many homeowners find the average cost of solar in Picayune to be prohibitively steep, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in higher prices over time because of interest.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you can only 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 remarkably.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of renewable energy solutions in Picayune, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.The size of the company can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $19,158 | 10.4 years |
| 8 kW | $3.20 | $17,936 | $25,896 | 10.2 years |
| 10 kW | $3.14 | $21,980 | $32,810 | 10.0 years |
| 12 kW | $3.08 | $25,848 | $39,899 | 9.8 years |
| 14 kW | $3.01 | $29,541 | $47,165 | 9.6 years |
| 16 kW | $2.95 | $33,058 | $54,606 | 9.4 years |
| 18 kW | $2.89 | $36,399 | $62,223 | 9.2 years |
| 20 kW | $2.83 | $39,564 | $70,016 | 9.0 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose greatly affects 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:
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should secure and what the project timeline is.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies offer different brands and kinds of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
EcoWatch's Picayune, MS Solar Cost FAQs
How much does it cost to install solar panels in Picayune?
The average cost of solar panels in Picayune 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 stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Picayune?
Leasing solar panels can be an appealing choice, because it usually 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 tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Does Picayune have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future utility bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the average daily 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 install 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.