Solar Panel Cost Guide in Jackson, WY (2024 Update)
- Jackson Solar Installation Cost: $36,731
- 25-Year Savings: $24,981
- Payback Period: 17.9 Years
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Average Cost of Solar Panels in Jackson
We go over average solar pricing in Jackson.
In Jackson, solar panels cost about 4 per watt on average.The average solar panel system size in Jackson is around 14.7 kilowatts, meaning a cost of about $36,731 for a solar installation, or $52,525 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Jackson homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.But, once you've paid the upfront cost of installation, the savings for most homeowners is quite fruitful, with a net average savings of about $14,000 over 20 years on utility bills.
You can click the button below to get connected with a vetted solar company in Jackson for a quote for your home.
Solar savings over time in Jackson
| Year | Return on Investment |
|---|---|
| 1 years | $-35,837 |
| 3 years | $-34,049 |
| 5 years | $-32,262 |
| 7 years | $-30,474 |
| 9 years | $-28,686 |
| 11 years | $-26,899 |
| 13 years | $-25,111 |
| 15 years | $-23,323 |
| 17 years | $-21,536 |
| 19 years | $-19,748 |
| 21 years | $-17,960 |
| 23 years | $-16,173 |
| 25 years | $-14,385 |
Top Solar Installers in Jackson
When switching to solar energy, many homeowners choose to go with a solar company since handling can be a difficult project. The expertise that solar installers offer can be valuable as well, especially if you aren’t sure what type of solar equipment you need.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
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
Outstanding Local Installer
ES Solar
- Representatives are experts on local policies
- Lifetime workmanship warranty
- Outstanding customer service
- No leases or PPAs
- Energy audits only available 12 months after installation
Solar Veteran
Creative Energies
- Certified B Corp
- Outstanding customer service
- Many years of experience
- Multitude of products and services
- No leases or PPAs
- Slightly expensive
See all of the solar companies in Jackson
Factors that Affect Solar Panel Costs in Jackson
The cost of installing a solar system in Jackson can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay about $3,580 per kilowatt in Jackson.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Jackson, 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
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are available from most installers in Jackson, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your all-in costs, so it’s crucial to keep that in mind as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The final key cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in Jackson, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Jackson are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.72 | $15,637 | $5,383 | 18.6 years |
| 8 kW | $3.65 | $20,449 | $7,578 | 18.2 years |
| 10 kW | $3.58 | $25,060 | $9,973 | 17.9 years |
| 12 kW | $3.51 | $29,471 | $12,569 | 17.5 years |
| 14 kW | $3.44 | $33,681 | $15,366 | 17.2 years |
| 16 kW | $3.37 | $37,690 | $18,363 | 16.8 years |
| 18 kW | $3.29 | $41,499 | $21,561 | 16.5 years |
| 20 kW | $3.22 | $45,108 | $24,959 | 16.1 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose considerably affects your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: Warranties that cover defective panels and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one indication of a quality company.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Installation Process: Make sure you’re on the same page with the company 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.
- Solar Panel Brands: Different companies carry different brands and types of panels. If you know you want a specific brand, make sure the solar company you’re considering has it.
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
Outstanding Local Installer
ES Solar
- Representatives are experts on local policies
- Lifetime workmanship warranty
- Outstanding customer service
- No leases or PPAs
- Energy audits only available 12 months after installation
Solar Veteran
Creative Energies
- Certified B Corp
- Outstanding customer service
- Many years of experience
- Multitude of products and services
- No leases or PPAs
- Slightly expensive
EcoWatch's Jackson, WY Solar Cost FAQs
How much does it cost to install solar panels in Jackson?
The average cost of solar panels in Jackson is about $17,900 for a 5-kW system and $35,800 for a 10-kW system before the ITC, but the actual 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.
Is it better to lease or buy solar panels in Jackson?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Can you sell solar power back to the grid in Jackson?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future utility bills.
How long do solar panels last in Jackson?
Even though 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 choose to replace them once you've had 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.