Solar Panel Cost Guide in Arabi, LA (2023 Update)
- Arabi Solar Installation Cost: $17,810
- 25-Year Savings: $26,940
- Payback Period: 9.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Arabi
Find out how much it might cost to install solar panels in Arabi.
In Arabi, solar panels cost about 2.57 per watt on average. Since a 9.9-kW system is needed to cover the energy needs of a typical home in Arabi, the average price of going solar will be about $17,810 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average Arabi homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. But, once you've paid the initial cost of installation, the ROI for most homeowners is typically rewarding, with a net average savings of about $17,000 over 20 years on power bills.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Arabi
Year | Return on Investment |
---|---|
1 years | $-16,500 |
3 years | $-13,882 |
5 years | $-11,263 |
7 years | $-8,645 |
9 years | $-6,026 |
11 years | $-3,408 |
13 years | $-789 |
15 years | $1,829 |
17 years | $4,448 |
19 years | $7,067 |
21 years | $9,685 |
23 years | $12,304 |
25 years | $14,922 |
Top Solar Installers in Arabi
When going solar, many homeowners choose to go with a solar company since DIY solar panel installation can be a challenging project. Local solar installation companies can also help you maximize your return on investment by walking you through any local incentives you can take advantage of and by offering warranties and repairs.
If you're searching for a solar company in Arabi, we've compiled 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
See all of the solar companies in Arabi
Factors that Affect Solar Panel Costs in Arabi
The cost of installing a solar system in Arabi 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 company you choose.
Solar Equipment
When it comes to estimating the price of a solar panel system in Arabi, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can gauge by looking at past electricity bills. Your total cost can increase by around $2,570 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Arabi, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a popular route because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. While solar loans make switching to solar energy more accessible for Arabi homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The last key cost factor you should consider is the installer you choose. Given the massive popularity of clean energy solutions in Arabi, you'll have many options to choose from, but each comes at different price points for labor and equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and go with the 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 | $15,896 | 10.3 years |
8 kW | $2.62 | $14,680 | $21,482 | 10.1 years |
10 kW | $2.57 | $17,990 | $27,212 | 9.9 years |
12 kW | $2.52 | $21,156 | $33,086 | 9.8 years |
14 kW | $2.47 | $24,179 | $39,105 | 9.6 years |
16 kW | $2.42 | $27,057 | $45,267 | 9.4 years |
18 kW | $2.36 | $29,791 | $51,573 | 9.2 years |
20 kW | $2.31 | $32,382 | $58,022 | 9.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The kind of solar panel you'd like plays a part in which company you should go with, since different companies have different panels.
- Contract: Even though 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.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Warranty: If you're worried about the endurance of your solar energy system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Arabi, LA Solar Cost FAQs
What is the average cost of installing solar panels in Arabi?
The average cost of solar panels in Arabi is about $12,850 for a 5-kW system and $25,700 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.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind 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 how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $904.04 per year.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house 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.