Solar Panel Cost Guide in Picayune, MS (Feb 2023)
- Picayune Solar Installation Cost: $15,283
- 25-Year Savings: $30,015
- Payback Period: 8.4 Years
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Top Solar Installers in Picayune
Although you can install solar panels yourself, it involves extra time and handiness. For that reason, most homeowners choose a solar panel installer. A solar company can also help save you money over time by providing warranties, repairs and component replacements.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in Picayune
Factors that Affect Solar Panel Costs in Picayune
The cost of installing a solar system in Picayune can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend around $2,640 per kilowatt in Picayune. There are many different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Picayune homeowners opt to finance their solar panel systems to offset upfront costs. Even though solar loans make adopting solar energy more accessible for Picayune homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you go with to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies in Picayune, and each can charge varying amounts for labor and equipment. Larger national companies generally have lower costs, but some local companies keep up with 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 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||$21,342||8.8 years|
|8 kW||$2.69||$15,080||$28,752||8.6 years|
|10 kW||$2.64||$18,480||$36,310||8.4 years|
|12 kW||$2.59||$21,732||$44,015||8.3 years|
|14 kW||$2.53||$24,837||$51,869||8.1 years|
|16 kW||$2.48||$27,794||$59,870||7.9 years|
|18 kW||$2.43||$30,603||$68,019||7.8 years|
|20 kW||$2.38||$33,264||$76,316||7.6 years|
How to Save on Solar Panels
Since the brand 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 things to keep in mind to help with your decision:
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should secure and what the project timeline is.
- Contract: Review the contract terms thoroughly to make sure you understand the total cost, completion timeline rebates and warranties.
- Solar Panel Brands: Different companies will have various brands and kinds of panels. If you want a specific brand, make sure the solar company you're considering has it.
EcoWatch's Picayune, MS Solar Cost FAQs
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.