Going solar in Mississippi
In Mississippi, an average home needs a 10kW solar system in order cover most of their electricity needs. Given the average residential price-per-watt of $3.14 in Mississippi, a 10kW system can cost around $31,400 depending on applicable rebates and other factors.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Mississippi: $15,700US Average: $18,171
Average Payback Period The number of years until you break even on the solar investment.
Mississippi: 8 yearsUS Average: 11 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Mississippi: $22,004US Average: $14,760