Solar Panel Cost Guide in Arabi, LA (2024 Update)
- Arabi Solar Installation Cost: $26,333
- 25-Year Savings: $26,940
- Payback Period: 14.7 Years
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Average Cost of Solar Panels in Arabi
Find out how much it might cost to go solar in Arabi.
While the national average of solar panels is $2.66 per watt, solar panels in Arabi typically cost around 4.To account for the typical energy needs of the average home in Arabi, most homeowners require a 9.9-kilowatt system. Using the figure above, a solar installation costs around $26,333, or $37,656 before the federal solar tax credit of 0 is applied.
These figures are only averages, and how much solar costs for you will most likely look different based on your energy needs and what company you choose to go with.Despite the significant initial cost, the average Arabi homeowner can save around $17,000 on their power bills over 20 years, which is one of the benefits of solar.
You can click the button below to get connected with a top solar installer in Arabi for a quote for your home.
Solar savings over time in Arabi
| Year | Return on Investment |
|---|---|
| 1 years | $-25,024 |
| 3 years | $-22,405 |
| 5 years | $-19,787 |
| 7 years | $-17,168 |
| 9 years | $-14,550 |
| 11 years | $-11,931 |
| 13 years | $-9,313 |
| 15 years | $-6,694 |
| 17 years | $-4,076 |
| 19 years | $-1,457 |
| 21 years | $1,161 |
| 23 years | $3,780 |
| 25 years | $6,399 |
Top Solar Installers in Arabi
Although you can install solar panels yourself, it involves extra labor and expertise. That's one of the reasons most people choose a solar panel installer. Another good thing about choosing a reliable solar installer is that it'll provide warranties and free repairs, which help protect your solar investment.
If you're searching for a solar installer in Arabi, the EcoWatch team has organized a list of our top suggestions here:
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 Arabi
Factors that Affect Solar Panel Costs in Arabi
For many Arabi homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Arabi, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.There are a lot of different solar panel brands and the one you choose also changes the cost. Typically, the brands that are more efficient tend to also cost more. In addition, the type of equipment you want to install 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
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are available from most installers in Arabi, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable.When figuring out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The last significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Arabi, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $10,523 | 15.3 years |
| 8 kW | $3.88 | $21,706 | $14,456 | 15.0 years |
| 10 kW | $3.80 | $26,600 | $18,602 | 14.7 years |
| 12 kW | $3.72 | $31,282 | $22,961 | 14.4 years |
| 14 kW | $3.65 | $35,750 | $27,533 | 14.1 years |
| 16 kW | $3.57 | $40,006 | $32,317 | 13.8 years |
| 18 kW | $3.50 | $44,050 | $37,314 | 13.5 years |
| 20 kW | $3.42 | $47,880 | $42,524 | 13.2 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Before signing a contract with a solar company, make sure to read it through completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases offer quality solar panel installation and expertise.
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 Arabi, LA Solar Cost FAQs
How much does it cost to install solar panels in Arabi?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $19,000 for a 5-kW system and $38,000 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase the value of your home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Arabi is currently $229,900, so you can expect a value of about $9,426 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Arabi is a fruitful investment.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them once you've had 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.