Solar Panel Cost Guide in Amite City, LA (2024 Update)
- Amite City Solar Installation Cost: $26,530
- 25-Year Savings: $24,313
- Payback Period: 15.7 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Amite City
Here’s how much it might cost to install solar panels in Amite City.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Amite City, the typical cost of a solar system is 4 per watt.The average Amite City homeowner needs a 10.0-kilowatt system, which would cost about $26,530 with the federal tax credit, or $37,938 before the 0 tax credit is applied.
How much you pay can go higher or lower than the average in Amite City depending on several factors, such as the type of solar panels you choose and the solar installer you hire.For most homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $16,000 in savings on utility bills over 20 years.
To receive a free estimate from a highly rated solar installation company in Amite City, you can click the button below.
Solar savings over time in Amite City
| Year | Return on Investment |
|---|---|
| 1 years | $-25,220 |
| 3 years | $-22,602 |
| 5 years | $-19,983 |
| 7 years | $-17,365 |
| 9 years | $-14,746 |
| 11 years | $-12,128 |
| 13 years | $-9,509 |
| 15 years | $-6,891 |
| 17 years | $-4,272 |
| 19 years | $-1,654 |
| 21 years | $965 |
| 23 years | $3,583 |
| 25 years | $6,202 |
Top Solar Installers in Amite City
Many homeowners choose to hire a solar panel installer since installing solar panels on your own can be challenging. A solar installer can also help save you money in the long run by offering warranties, repairs and part replacements.
There are a number of licensed solar professionals that can help you install your solar system. Here are our suggestions:
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 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
The cost of installing a solar system in Amite City can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend about $3,800 per kilowatt in Amite City.There are many different solar panel brands and the one you choose also changes the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Amite City to be too expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in a higher cost over time due to interest.However, the interest on solar loans also adds to your total costs, so it’s important to take that into consideration as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The last significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of sustainable energy solutions in Amite City, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.You may see national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.95 | $16,598 | $8,822 | 16.3 years |
| 8 kW | $3.88 | $21,706 | $12,188 | 16.0 years |
| 10 kW | $3.80 | $26,600 | $15,767 | 15.7 years |
| 12 kW | $3.72 | $31,282 | $19,559 | 15.4 years |
| 14 kW | $3.65 | $35,750 | $23,563 | 15.1 years |
| 16 kW | $3.57 | $40,006 | $27,781 | 14.8 years |
| 18 kW | $3.50 | $44,050 | $32,211 | 14.4 years |
| 20 kW | $3.42 | $47,880 | $36,854 | 14.1 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose considerably impacts your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: When looking through your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
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 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
What is the average cost of installing solar panels in Amite City?
The average cost of solar panels in Amite City is about $19,000 for a 5-kW system and $38,000 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 consume.
Should I lease or buy solar panels in Amite City?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Can you sell solar power back to the grid in Amite City?
Most states have net metering programs of some kind. Through these, you can get paid for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.