Solar Panel Cost Guide in Amite City, LA (Mar 2023)
- Amite City Solar Installation Cost: $17,936
- 25-Year Savings: $24,319
- Payback Period: 10.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Amite City
Let's have a look at the average cost of 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 2.57 per watt. Because a 10.0-kW system is needed to cover the energy needs of a typical home in Amite City, the average price of going solar will be about $17,936 after claiming the federal solar tax credit of 30%.
The true cost of your system can go higher or lower than the average in Amite City based on several factors, such as the model of solar panels you choose and the solar company you hire. Many homeowners find going solar is a fruitful investment. The average homeowner in Amite City can save around $16,000 on their electricity bills over 20 years.
To get a free quote from a highly rated solar company in Amite City, you can click the button below.
Solar savings over time in Amite City
| Year | Return on Investment |
|---|---|
| 1 years | $-16,246 |
| 3 years | $-12,865 |
| 5 years | $-9,485 |
| 7 years | $-6,105 |
| 9 years | $-2,724 |
| 11 years | $656 |
| 13 years | $4,037 |
| 15 years | $7,417 |
| 17 years | $10,798 |
| 19 years | $14,178 |
| 21 years | $17,558 |
| 23 years | $20,939 |
| 25 years | $24,319 |
Top Solar Installers in Amite City
Although it's possible to install solar panels by yourself, it involves extra effort and handiness. Because of that, most homeowners choose a solar panel installer. Some solar installers, particularly local ones, can help you take advantage of incentives in Amite City, optimizing your ROI.
If you're looking for a solar company in Amite City, we've organized a list of our top suggestions here:
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 depends on several factors. The most significant one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The size of the solar energy system you need, 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 nearly $2,570. The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a solid choice because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also adds to your overall costs, so it's vital to consider that as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you select will impact your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and choose a company that has the products, warranties and services you're looking for and also fits within your budget.
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
The solar company you choose will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, including:
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Contract: Though reading through a contract can be tedious, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: The type of solar panel you need plays a part in which installer you should choose, since different companies provide different panels.
- Warranty: If you care about the durability of your solar panels, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 $12,850 for a 5-kW system and $25,700 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $847.34 per year.
How often do you have to replace solar panels?
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.