Solar Panel Cost Guide in La Grange, KY (2025 Update)
- La Grange Solar Installation Cost: $24,639
- 25-Year Savings: $24,918
- Payback Period: 15.1 Years
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Average Cost of Solar Panels in La Grange
Let’s take a look at the average cost of solar in La Grange.
The average cost of solar panels in La Grange is 4 per watt.The average solar panel system size in La Grange is around 9.6 kilowatts, meaning a cost of about $24,639 for a solar installation, or $35,234 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average La Grange homeowner. The price 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, after you've paid the initial cost of installation, the savings for most homeowners is quite rewarding, with a net average savings of about $17,000 over 20 years on power bills.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in La Grange
Year | Return on Investment |
---|---|
1 years | $-23,215 |
3 years | $-20,368 |
5 years | $-17,520 |
7 years | $-14,673 |
9 years | $-11,825 |
11 years | $-8,978 |
13 years | $-6,130 |
15 years | $-3,283 |
17 years | $-435 |
19 years | $2,412 |
21 years | $5,260 |
23 years | $8,107 |
25 years | $10,955 |
Top Solar Installers in La Grange
When switching to solar energy, many homeowners prefer to use a solar installer since overseeing your solar installation yourself can be a difficult project. Solar warranties and repairs are ordinarily included in the cost of installation when you go with a solar company as well, which can save you more money after your initial investment.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some nearby:
See all of the solar companies in La Grange
Factors that Affect Solar Panel Costs in La Grange
There are a number of factors that can play into your solar system 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
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $3,650. The brand of solar panels and equipment you choose is another factor that will greatly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are available from most installers in La Grange, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.While solar loans make adopting solar energy more accessible for La Grange homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in La Grange is the company you hire to install your solar panel system. As with choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that provide a range of services for different budgets.Additionally, some companies in La Grange are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $3.80 | $15,943 | $9,388 | 15.7 years |
8 kW | $3.72 | $20,849 | $12,927 | 15.4 years |
10 kW | $3.65 | $25,550 | $16,669 | 15.1 years |
12 kW | $3.58 | $30,047 | $20,616 | 14.8 years |
14 kW | $3.50 | $34,339 | $24,768 | 14.5 years |
16 kW | $3.43 | $38,427 | $29,124 | 14.2 years |
18 kW | $3.36 | $42,311 | $33,684 | 13.9 years |
20 kW | $3.29 | $45,990 | $38,449 | 13.6 years |
How to Save on Solar Panels
There are a lot of companies to choose from in La Grange, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: Read the contract terms carefully to make sure you understand the total cost, completion timeline rebates and warranties.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
EcoWatch's La Grange, KY Solar Cost FAQs
What is the average cost of installing solar panels in La Grange?
The average cost of solar panels in La Grange is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the real cost will depend on things like the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in La Grange?
Solar panels aren’t free in La Grange, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in La Grange?
Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in La Grange?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can 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.