Solar Panel Cost Guide in West Point, MS (2024 Update)
- West Point Solar Installation Cost: $18,670
- 25-Year Savings: $18,308
- Payback Period: 13.7 Years
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Average Cost of Solar Panels in West Point
We go over average solar pricing in West Point.
The average cost of a solar panel system in West Point is 3 per watt.Using this figure, a typical 8.5-kW system would cost about $18,670 before the 0 federal solar tax credit is applied.
These figures are only averages, and your own solar costs will look different based on factors unique to your home and what company you choose to go with.Despite the high upfront cost, the average West Point homeowner can save about $16,000 on their energy bills over 20 years, which is one of the positives of solar.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in West Point
| Year | Return on Investment |
|---|---|
| 1 years | $-17,050 |
| 3 years | $-13,809 |
| 5 years | $-10,568 |
| 7 years | $-7,327 |
| 9 years | $-4,086 |
| 11 years | $-846 |
| 13 years | $2,395 |
| 15 years | $5,636 |
| 17 years | $8,877 |
| 19 years | $12,118 |
| 21 years | $15,359 |
| 23 years | $18,599 |
| 25 years | $21,840 |
Top Solar Installers in West Point
Trying to put up solar panels yourself can be a challenging task, which is why hiring a solar installation company is a good option for many homeowners. Solar installers offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 West Point
Factors that Affect Solar Panel Costs in West Point
For many West Point homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in West Point, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,140.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like West Point, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in West Point to be too steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest.Though solar loans make going solar more accessible for West Point homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panels can play a part in determining the cost. West Point’s solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $10,305 | 14.3 years |
| 8 kW | $3.20 | $17,936 | $14,091 | 14.0 years |
| 10 kW | $3.14 | $21,980 | $18,053 | 13.7 years |
| 12 kW | $3.08 | $25,848 | $22,192 | 13.5 years |
| 14 kW | $3.01 | $29,541 | $26,506 | 13.2 years |
| 16 kW | $2.95 | $33,058 | $30,996 | 12.9 years |
| 18 kW | $2.89 | $36,399 | $35,661 | 12.6 years |
| 20 kW | $2.83 | $39,564 | $40,503 | 12.4 years |
How to Save on Solar Panels
There are a large number of companies to choose from in West Point, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Before you sign a contract with a solar company, make sure to read it through completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Solar Panel Brands: The type of solar panel you want to install plays a part in which company you should go with, since different companies provide different panels.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Warranty: If you care about the longevity of your solar energy system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 West Point, MS Solar Cost FAQs
How much does it cost to install solar panels in West Point?
This is a hard 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 extra solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in West Point?
A solar panel system isn’t free in West Point, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is it worth going solar in West Point?
Solar panels can be a good investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in West Point?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.