Solar Panel Cost Guide in Pontotoc, MS (2025 Update)
- Pontotoc Solar Installation Cost: $18,941
- 25-Year Savings: $18,083
- Payback Period: 13.9 Years
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Average Cost of Solar Panels in Pontotoc
Let’s have a look at the average cost of solar panels in Pontotoc.
The average cost of a solar panel system in Pontotoc is 3 per watt.To cover the typical energy usage of the average home in Pontotoc, most homeowners require a 8.6-kilowatt system. Using the figure above, a solar installation costs around $18,941, or $27,086 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy needs, the type of solar system you choose, your solar contractor and more.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Pontotoc can save about $16,000 on their electricity bills over 20 years.
You can click the button below to get connected with a top solar company in Pontotoc for a quote for your home.
Solar savings over time in Pontotoc
Year | Return on Investment |
---|---|
1 years | $-17,343 |
3 years | $-14,148 |
5 years | $-10,953 |
7 years | $-7,757 |
9 years | $-4,562 |
11 years | $-1,367 |
13 years | $1,829 |
15 years | $5,024 |
17 years | $8,219 |
19 years | $11,415 |
21 years | $14,610 |
23 years | $17,806 |
25 years | $21,001 |
Top Solar Installers in Pontotoc
Installing solar panels on your own can be a stressful undertaking, which is why hiring a solar installation company is a good option for many homeowners. Some solar installers, particularly local ones, can help you take advantage of incentives in Pontotoc, therefore optimizing your ROI.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
See all of the solar companies in Pontotoc
Factors that Affect Solar Panel Costs in Pontotoc
The cost of installing a solar system in Pontotoc can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $3,140 per kilowatt in Pontotoc.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Pontotoc, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Pontotoc homeowners opt to finance their solar panel systems to make going solar more affordable.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 more than the original cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
Finally, the company you hire to install your solar panel system can play a role in determining how much you pay. Pontotoc’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that 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 decide on the company that offers the products, warranties and services you’re looking for and also fit into 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 | $9,963 | 14.5 years |
8 kW | $3.20 | $17,936 | $13,635 | 14.2 years |
10 kW | $3.14 | $21,980 | $17,483 | 13.9 years |
12 kW | $3.08 | $25,848 | $21,508 | 13.6 years |
14 kW | $3.01 | $29,541 | $25,708 | 13.4 years |
16 kW | $2.95 | $33,058 | $30,084 | 13.1 years |
18 kW | $2.89 | $36,399 | $34,635 | 12.8 years |
20 kW | $2.83 | $39,564 | $39,363 | 12.5 years |
How to Save on Solar Panels
The solar company you go with will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, including:
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: It’s important to read through your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can look into your installer’s reputation is by reading reviews.
EcoWatch's Pontotoc, MS Solar Cost FAQs
How much does it cost to install solar panels in Pontotoc?
The average cost of solar panels in Pontotoc is about $15,700 for a 5-kW system and $31,400 for a 10-kW system before the ITC, but the real cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Pontotoc?
A solar panel system isn’t free in Pontotoc, 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 you can take advantage of.
Is going solar worth it?
Solar panels can be a beneficial investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
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 uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.
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.