Solar Panel Cost Guide in Vicksburg, MS (2025 Update)
- Vicksburg Solar Installation Cost: $18,207
- 25-Year Savings: $15,979
- Payback Period: 10.5 Years
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Average Cost of Solar Panels in Vicksburg
See how much it might cost to go solar in Vicksburg.
The average cost of a solar panel system in Vicksburg is 3 per watt.The average Vicksburg homeowner needs a 8.3-kilowatt system, which would cost about $18,207 with the federal tax credit, or $26,036 before the 0 tax credit is applied.
These figures are only estimates, and the cost of going solar for you will most likely differ based on the amount of energy your home requires and what company you want to go with.For many homeowners, the upfront cost of solar power is worth paying. On average Vicksburg homeowners see about $20,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a highly rated solar company in your area for a personalized quote.
Solar savings over time in Vicksburg
| Year | Return on Investment |
|---|---|
| 1 years | $-16,840 |
| 3 years | $-14,105 |
| 5 years | $-11,370 |
| 7 years | $-8,635 |
| 9 years | $-5,900 |
| 11 years | $-3,166 |
| 13 years | $-431 |
| 15 years | $2,304 |
| 17 years | $5,039 |
| 19 years | $7,774 |
| 21 years | $10,509 |
| 23 years | $13,244 |
| 25 years | $15,979 |
Top Solar Installers in Vicksburg
Many homeowners choose to hire a solar installer since installing solar panels yourself can be a labor-intensive endeavor. Solar companies provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
See all of the solar companies in Vicksburg
Factors that Affect Solar Panel Costs in Vicksburg
For many Vicksburg homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Vicksburg, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it’s crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your power bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Vicksburg average.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a solid route because they decrease your upfront costs and allow you to pay for your system over five to seven years on average.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’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can play a role in determining your pricing. Vicksburg’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and decide on the company that provides the products, warranties and services you want and also is 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 | $17,597 | 11.0 years |
| 8 kW | $3.20 | $17,936 | $23,815 | 10.7 years |
| 10 kW | $3.14 | $21,980 | $30,208 | 10.5 years |
| 12 kW | $3.08 | $25,848 | $36,777 | 10.3 years |
| 14 kW | $3.01 | $29,541 | $43,522 | 10.1 years |
| 16 kW | $2.95 | $33,058 | $50,443 | 9.9 years |
| 18 kW | $2.89 | $36,399 | $57,540 | 9.7 years |
| 20 kW | $2.83 | $39,564 | $64,812 | 9.5 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Different companies carry different brands and kinds of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
- Contract: It’s important to read your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the best you can get in the business, and offering such a warranty is one sign of a quality company.
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
EcoWatch's Vicksburg, MS Solar Cost FAQs
What is the average cost of installing solar panels in Vicksburg?
This is a tough question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $15,700 for a 5-kW system and $31,400 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider other than cost when buying solar panels?
The initial cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Does Vicksburg have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future utility bills.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use them at a lower efficiency.
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.