Solar Panel Cost Guide in Ball, LA (2024 Update)
- Ball Solar Installation Cost: $26,944
- 25-Year Savings: $33,731
- Payback Period: 13.0 Years
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Average Cost of Solar Panels in Ball
Let’s have a look at the average cost of solar panels in Ball.
In Ball, solar panels cost about 4 per watt on average.Using this figure, a typical 10.1-kW system would cost about $26,944 before the 0 federal solar tax credit is applied.
The actual price you pay can go above or below the average in Ball based on a variety of factors, such as the model of solar panels you choose and the solar installer you hire.But, after you've paid the initial cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $19,000 over 20 years on energy bills.
Click the button below to get connected to a vetted solar company in your area for a personalized quote.
Solar savings over time in Ball
| Year | Return on Investment |
|---|---|
| 1 years | $-25,367 |
| 3 years | $-22,211 |
| 5 years | $-19,056 |
| 7 years | $-15,901 |
| 9 years | $-12,746 |
| 11 years | $-9,590 |
| 13 years | $-6,435 |
| 15 years | $-3,280 |
| 17 years | $-125 |
| 19 years | $3,031 |
| 21 years | $6,186 |
| 23 years | $9,341 |
| 25 years | $12,496 |
Top Solar Installers in Ball
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Hiring a solar panel installer can make swapping over to solar power much easier. Another benefit of going with a solar company is that they can help you optimize your return of investment by lowering your future costs of repairs and replacements with the help of warranties and giving you information on local incentives you can take advantage of.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some near you:
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 Ball
Factors that Affect Solar Panel Costs in Ball
The cost of installing a solar system in Ball can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,800.There are many different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Ball provide solar loans, which reduce your upfront costs of installing a solar system.However, the interest on solar loans also adds to your all-in costs, so it’s crucial to keep that in mind as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can influence how much it costs. Ball’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that 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 at a higher cost. It’s best to do some research and find a company that offers the products, warranties and services you’re looking for and also is 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 | $3.95 | $16,598 | $14,175 | 13.5 years |
| 8 kW | $3.88 | $21,706 | $19,326 | 13.2 years |
| 10 kW | $3.80 | $26,600 | $24,690 | 13.0 years |
| 12 kW | $3.72 | $31,282 | $30,266 | 12.7 years |
| 14 kW | $3.65 | $35,750 | $36,055 | 12.4 years |
| 16 kW | $3.57 | $40,006 | $42,057 | 12.2 years |
| 18 kW | $3.50 | $44,050 | $48,272 | 11.9 years |
| 20 kW | $3.42 | $47,880 | $54,699 | 11.7 years |
How to Save on Solar Panels
There are many companies to choose from in Ball, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Before you sign a contract with a solar installer, be sure to read it through completely so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Warranty: Warranties that cover defective panels and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a good company.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what needs to be done before your solar panel system is 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 Ball, LA Solar Cost FAQs
How much does it cost to install solar panels in Ball?
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 be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Ball?
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.
Do solar panels increase your home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Ball is currently $167,768, so you could be looking at a value of about $6,878 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Ball is a fruitful investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.