Solar Panel Cost Guide in Yazoo City, MS (2023 Update)
- Yazoo City Solar Installation Cost: $15,435
- 25-Year Savings: $28,071
- Payback Period: 8.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Yazoo City
We break down average solar pricing in Yazoo City.
In Yazoo City, solar panels cost about 2.64 per watt on average. Since a 8.3-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 $15,431 after claiming the federal solar tax credit of 30%.
These figures are just estimates, and your own solar costs may differ based on your specific situation and what company you go with. Many homeowners find going solar is a rewarding investment. The average homeowner in Yazoo City can save around $20,000 on their energy bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Yazoo City for a quote for your home.
Solar savings over time in Yazoo City
| Year | Return on Investment |
|---|---|
| 1 years | $-15,290 |
| 3 years | $-15,000 |
| 5 years | $-14,710 |
| 7 years | $-14,420 |
| 9 years | $-14,130 |
| 11 years | $-13,840 |
| 13 years | $-13,550 |
| 15 years | $-13,260 |
| 17 years | $-12,970 |
| 19 years | $-12,680 |
| 21 years | $-12,390 |
| 23 years | $-12,100 |
| 25 years | $-11,810 |
Top Solar Installers in Yazoo City
When switching to solar energy, many homeowners opt to hire a solar installation company since DIY solar panel installation can be a challenging project. Local solar installation companies can also help you optimize your return on investment by walking you through any local incentives and by offering warranties and repairs.
If you'd like to switch to solar energy but still aren't certain which solar panel company to go with, here are our suggestions for providers in Yazoo City:
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
There are several criteria that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. The 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 in the long run on your energy bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Yazoo City average.
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 Yazoo City homeowners choose to finance their solar panel systems to offset upfront costs. While solar loans make adopting solar energy more accessible for Yazoo City homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you select will affect your total cost to make the switch to solar energy. Different companies will charge different amounts for the equipment and labor. Some companies 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 cost more. It's best to do some research and decide on the company that has the products, warranties and services you want 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 | $2.75 | $11,532 | $19,721 | 9.2 years |
| 8 kW | $2.69 | $15,080 | $26,591 | 9.0 years |
| 10 kW | $2.64 | $18,480 | $33,608 | 8.9 years |
| 12 kW | $2.59 | $21,732 | $40,773 | 8.7 years |
| 14 kW | $2.53 | $24,837 | $48,086 | 8.5 years |
| 16 kW | $2.48 | $27,794 | $55,546 | 8.3 years |
| 18 kW | $2.43 | $30,603 | $63,155 | 8.2 years |
| 20 kW | $2.38 | $33,264 | $70,912 | 8.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Although reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to install your solar system. Another way you can check your installer's reputation is by reading reviews.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Even though there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of offerings before deciding.
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
What is the average cost of installing solar panels in Yazoo City?
The average cost of solar panels in Yazoo City is about $13,200 for a 5-kW system and $26,400 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Yazoo City?
Leasing solar panels can be an appealing choice, as it commonly comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
Does Yazoo City have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can be compensated for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home 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.