Solar Panel Cost Guide in La Grange, KY (2024 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.
Currently, the national average cost of solar panels is $2.66 per watt. However, in La Grange, the average cost of solar panels 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.
Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of solar system you want to get, your solar contractor and more.But, once you've paid the initial cost of installation, the payback for most homeowners is quite rewarding, with a net average savings of about $17,000 over 20 years on electricity bills.
To get a free estimate from a highly rated solar installer in La Grange, you can 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 making the switch to solar, many homeowners decide to go with a solar installer since putting up solar panels yourself can be a challenging project. Another good thing about using a vetted solar installer is that it'll provide warranties and free repairs, which help protect your solar system over time.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:
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
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 La Grange
Factors that Affect Solar Panel Costs in La Grange
For many La Grange homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in La Grange, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you’ll pay, which we'll go over below.
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 energy your household uses, the larger your system will likely need to be. You can expect to pay about $3,650 per kilowatt in La Grange.The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are an affordable route because they reduce your upfront costs and allow you to pay for your system over five to seven years on average.When considering your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies in La Grange, and each can charge varying amounts for labor and equipment.The company’s size sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger companies.
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
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. While 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 make sure you peruse their list of options before deciding.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years in most cases offer high-quality solar panel installation and expertise.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 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 actual 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?
You can’t get solar panels for free in La Grange. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in La Grange?
Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already fairly 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 are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can decide to replace them after having 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.