Solar Panel Cost Guide in Yazoo City, MS (2024 Update)
- Yazoo City Solar Installation Cost: $18,359
- 25-Year Savings: $28,071
- Payback Period: 10.5 Years
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Average Cost of Solar Panels in Yazoo City
Here’s how much it might cost to go solar in Yazoo City.
The average cost of solar panels in Yazoo City is 3 per watt.Since a 8.4-kW system is needed to cover the energy costs of a typical home in Yazoo City, the average price of going solar will be about $18,359 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of going solar can vary depending on several factors, such as how many panels you need, your energy usage and what installation company you go with.With typical savings of about $20,000 on power bills over 20 years, many homeowners in Yazoo City find going solar can pay off big.
To receive a free estimate from a highly rated solar installation company in Yazoo City, you can click the button below.
Solar savings over time in Yazoo City
| Year | Return on Investment |
|---|---|
| 1 years | $-16,991 |
| 3 years | $-14,256 |
| 5 years | $-11,521 |
| 7 years | $-8,786 |
| 9 years | $-6,052 |
| 11 years | $-3,317 |
| 13 years | $-582 |
| 15 years | $2,153 |
| 17 years | $4,888 |
| 19 years | $7,623 |
| 21 years | $10,358 |
| 23 years | $13,093 |
| 25 years | $15,827 |
Top Solar Installers in Yazoo City
When switching to solar energy, many homeowners opt to use a solar installer since overseeing your solar installation yourself can be a time-consuming project. Plus, warranties and repairs from your solar panel company can protect your investment and reduce the cost of maintenance in the long run.
Working with a licensed solar installer can help your solar project go smoothly. Here are our recommendations:
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 Yazoo City
Factors that Affect Solar Panel Costs in Yazoo City
For many Yazoo City homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Yazoo City, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar system in Yazoo City, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can gauge by looking at past energy bills. Your overall cost can increase by about $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. However, higher efficiency could save you more over time on your energy bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Yazoo City average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are offered by most installers in Yazoo City, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you opt for to install your solar system can influence how much you pay. Yazoo City’s solar companies all have different labor costs and add varying upcharges to 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 specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 | $3.27 | $13,716 | $17,537 | 11.0 years |
| 8 kW | $3.20 | $17,936 | $23,735 | 10.8 years |
| 10 kW | $3.14 | $21,980 | $30,108 | 10.5 years |
| 12 kW | $3.08 | $25,848 | $36,657 | 10.3 years |
| 14 kW | $3.01 | $29,541 | $43,382 | 10.1 years |
| 16 kW | $2.95 | $33,058 | $50,282 | 9.9 years |
| 18 kW | $2.89 | $36,399 | $57,359 | 9.7 years |
| 20 kW | $2.83 | $39,564 | $64,612 | 9.5 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Warranty: If you’re worried 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.
- Solar Panel Brands: Different companies will have various brands and types of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Contract: When reading over your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
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 Yazoo City, MS Solar Cost FAQs
How much does it cost to install solar panels in Yazoo City?
The average cost of solar panels in Yazoo City 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 stuff such as the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase the value of your home?
Solar panels can increase your property’s value remarkably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
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 how much 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 get between 20 and 35 panels to account for 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.