Solar Panels Cost 13k-21k in Jackson, MS | November, 2024

Solar Panels Cost $13k-$21k in Jackson, MS | November, 2024

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How much do solar panels cost in Jackson, MS in 2024?

In November, 2024, the current price per watt of solar in Jackson, MS is $3.14/W.

So, solar panel installations will cost you about $3,140 per 1 kW (or 1000 watts) of generation capacity. In Jackson, the cost of a 5 kW panel install is typically $10,990, after the 30% federal tax credit. However, please keep in mind that a higher capacity system might be required to satisfy your energy demands.

On the left side, choose your county to find the typical roof size and the maximum capacity of solar panels for homes in your area. Below, you can see an analysis of the price, payback period and 20 year average savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Jackson: $10,990US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Jackson: 6 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Jackson: $22,933US Average: $16,169

Solar Potential in Jackson

Estimated system size and solar electricity production per median viable roof in
Jackson.

Roof size 822sq. ft.
Capacity 11.5kW DC
Electricity 14.3kkWh AC per yr.

Electricity Costs in Jackson, MS & What that Means for Your Solar Panel Pricing

The monthly electricity usage for a typical Jackson household is 1,214 kWh, with a standard bill of $160.97. These figures include apartments and smaller residences with typically reduced energy demand.

In November 2024, Jackson, MS's average electricity rate amounts to 13.26¢ per kWh.

For the typical energy consumer in Jackson, a system size of 10 kW or more is necessary to satisfy their entire power usage requirements. After incentives, a 10 kW solar system will cost around $21,980.

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Average solar panel costs by system size in Jackson

Shown on the left and below is the cost analysis for multiple sizes of solar panel systems set up in Jackson. While a more extensive solar installation has a larger expense, it also provides higher electricity savings and larger income tax credits.

Look at the solar panel cost calculator below and to the right to see the cost and benefit details derived from an average $160.97 electric bill in Jackson. To get personalized results, change the $160.97 to reflect your average electricity payment.

System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,182 a year
Est. Price
$13,188
Savings from a 6kWthis system
  • Est. yearly production 9,089 kWh
  • Est. monthly savings $98
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.95 tons a year
  • Equivalent to planting 181 trees a year
  • Equivalent to driving 9,765 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,379 a year
Est. Price
$15,386
Savings from a 7kWthis system
  • Est. yearly production 10,604 kWh
  • Est. monthly savings $115
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 4.6 tons a year
  • Equivalent to planting 211 trees a year
  • Equivalent to driving 11,393 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,575 a year
Est. Price
$17,584
Savings from a 8kWthis system
  • Est. yearly production 12,119 kWh
  • Est. monthly savings $131
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 5.26 tons a year
  • Equivalent to planting 242 trees a year
  • Equivalent to driving 13,020 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,772 a year
Est. Price
$19,782
Savings from a 9kWthis system
  • Est. yearly production 13,634 kWh
  • Est. monthly savings $148
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 5.92 tons a year
  • Equivalent to planting 272 trees a year
  • Equivalent to driving 14,648 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,969 a year
Est. Price
$21,980
Savings from a 10kWthis system
  • Est. yearly production 15,149 kWh
  • Est. monthly savings $161
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 6.45 tons a year
  • Equivalent to planting 296 trees a year
  • Equivalent to driving 15,967 mi less a year

Are solar panels worth it in Mississippi?

If you expect to live in your home beyond the time it takes to recoup your solar investment, adding solar panels in Jackson is an excellent decision. Installing a 5 kW solar system in Jackson, MS will, on average, save you $27,642.8 over 20 years, and you can expect to break even in about 6 years.

The cost of not having solar panels in Jackson, MS

Forgoing solar panels or an alternative backup energy source results in you'll miss out on the savings highlighted above and be fully dependent on your electric utility for power. Recent news stories have shown that complete dependence on your utility is not always ideal.

The average number of outages per customer per year for utilities in Jackson has been 1.51 recently. The average duration of each outage is 266.29 minutes. During severe events like aging infrastructure, thunderstorms or planned maintenance, these times can grow significantly longer.

A solar panel system, with or without a backup battery, could help mitigate the effects of future outages you might experience.

Power Outages

Currently, 0 customers are being tracked in Hinds County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Jackson, MS?

Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt decreases as the system size increases. Individuals often find that installing a solar system that can replace their electric bill is highly beneficial. This strategy results in greater savings.

Make & Model - Similar to other industries, the solar energy sector features a range of solar panel and mounting equipment brands and designs. Considering the particular system preferences an contractor might have, selecting a highly rated company is critical. Superior quality makes and models generally lead to a more positive long-term experience for buyers.

Solar Panel Type - There are valid reasons why monocrystalline panels are now the industry standard. Although the cost is higher, they yield more energy. Many installers use these kinds of panels.

Your Property - No two homes or properties are the same. Elements such as trees, irregular terrain, or other challenges might complicate the installation process. Most solar installers today leverage satellite imagery to evaluate your home and include these factors into the initial cost estimate.

Labor Rates - The varied employee wages paid by companies cause costs that consumers eventually bearing . It is frequently observed that businesses with higher wages receive superior reviews for their services and customer service.

Permitting & Interconnection - Your final installation cost will be influenced by local permitting and utility interconnection fees, which change by area. Good installers will factor these costs into your first quotes to prevent unexpected expenses.

See what solar panels cost in other MS cities

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Who are the best solar installers in Jackson?

Eagle Solar and Light

Birmingham, AL(205) 202-2208

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Solar Alternatives

New Orleans, LA(504) 294-3650

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Reparation of solar arrays.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Silver Sun Solar

Deltona, FL(407) 832-42452

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Auditing of energy requirements for independent energy generation.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Auditing of energy requirements for independent energy generation.
  • Installation of solar arrays.

LightEdison

Denver, CO(888) 966-6377

Services

  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Auditing of energy requirements for independent energy generation.
  • Consulting on all things solar related.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Reparation of solar arrays.

Jackson, MS Solar Panel Cost FAQs

  • As of November, 2024, the average solar panel installation cost in Jackson, MS has reached $3.14/W. A 5 kW solar panel system will cost you around $10,990 in Jackson, MS after the federal tax credit is applied.

  • Homeowners in Mississippi can take advantage of 0 different rebates and incentives from a variety of utility companies and government agencies. Additionally, almost everyone is entitled to the 30% federal income tax credit.

  • Even though paying cash provides the most savings, there are now several financing options for solar panels that also are cost-effective. Installers typically partner with financing companies and will include this information into your initial quotes.

  • Yes, homeowners in Jackson, MS generally see a payback time of 6 years for 5 kW solar panel systems, with electricity savings averaging $27,642.8 over a 20-year period.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-11-04