Solar Panel Cost Guide in Amite City, LA (2023 Update)
- Amite City Solar Installation Cost: $17,942
- 25-Year Savings: $24,313
- Payback Period: 10.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Amite City
Find out what the average cost of installing solar panels is in Amite City.
In Amite City, solar panels cost about 2.57 per watt on average. To account for the typical energy usage of the average home in Amite City, most homeowners require a 10.0-kilowatt system. Using the per-watt figure above, a solar installation costs around $17,936, or $25,648 before the federal solar tax credit of 30% is applied.
The true price you pay can be above or below the average in Amite City based on a variety of factors, such as the model of solar panels you choose and the solar company you hire. For most homeowners, the upfront cost of solar power is worth paying. On average homeowners in Amite City see about $16,000 in savings on energy bills over 20 years.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Amite City
| Year | Return on Investment |
|---|---|
| 1 years | $-16,633 |
| 3 years | $-14,015 |
| 5 years | $-11,396 |
| 7 years | $-8,778 |
| 9 years | $-6,159 |
| 11 years | $-3,540 |
| 13 years | $-922 |
| 15 years | $1,697 |
| 17 years | $4,315 |
| 19 years | $6,934 |
| 21 years | $9,552 |
| 23 years | $12,171 |
| 25 years | $14,789 |
Top Solar Installers in Amite City
When switching to solar energy, many homeowners opt to go with a solar company since DIY solar panel installation can be a time-consuming project. Local solar installers can also help you optimize your return on investment by assisting with any local incentives you can benefit from and by providing warranties and repairs.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
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 Amite City
Factors that Affect Solar Panel Costs in Amite City
There are several factors that can determine your 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 cost of solar panels varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,570. There are several different solar panel brands and the one you pick also affects the cost. Typically, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are offered by most installers in Amite City, which can lower, or in some cases eliminate, your upfront costs to make solar more affordable. While solar loans make going solar more accessible for Amite City homeowners, they can also increase the total you pay for your system due to interest. 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 consideration when trying to evaluate the cost of solar for your home or business in Amite City is the company you choose to install your PV system. As with choosing a company to build a deck or pool, for instance, there's no shortage of solar installers that offer a range of services at different price points. Additionally, some companies in Amite City know more 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 help you save 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 | $2.67 | $11,226 | $14,194 | 11.0 years |
| 8 kW | $2.62 | $14,680 | $19,214 | 10.8 years |
| 10 kW | $2.57 | $17,990 | $24,377 | 10.6 years |
| 12 kW | $2.52 | $21,156 | $29,684 | 10.4 years |
| 14 kW | $2.47 | $24,179 | $35,135 | 10.2 years |
| 16 kW | $2.42 | $27,057 | $40,730 | 10.0 years |
| 18 kW | $2.36 | $29,791 | $46,469 | 9.8 years |
| 20 kW | $2.31 | $32,382 | $52,352 | 9.6 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Warranty: If you're worried about the durability of your solar panels, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: Read the contract terms closely to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can check your installer's reputation is by reading reviews.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of options before making your decision.
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 Amite City, LA Solar Cost FAQs
How much does it cost to install solar panels in Amite City?
This is a difficult question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $12,850 for a 5-kW system and $25,700 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How much can I save on power bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Amite City, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Amite City?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.