Solar Panel Cost Guide in Ball, LA (2023 Update)
- Ball Solar Installation Cost: $18,224
- 25-Year Savings: $33,730
- Payback Period: 8.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Ball
Here's how much it might cost to make the switch to solar in Ball.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Ball, the average cost of solar panels is 2.57 per watt. Because a 10.1-kW system is needed to cover the energy consumption of a typical home in Ball, the average price of going solar will be about $18,224 after claiming the federal solar tax credit of 30%.
These figures are just averages, and the cost of going solar for you will most likely differ based on your specific situation and what company you want to go with. With typical savings of about $19,000 on energy bills over 20 years, many homeowners in Ball find going solar has a decent ROI.
To receive a free estimate from a highly rated solar installation company in Ball, you can click the button below.
Solar savings over time in Ball
| Year | Return on Investment |
|---|---|
| 1 years | $-16,146 |
| 3 years | $-11,989 |
| 5 years | $-7,833 |
| 7 years | $-3,677 |
| 9 years | $479 |
| 11 years | $4,636 |
| 13 years | $8,792 |
| 15 years | $12,948 |
| 17 years | $17,105 |
| 19 years | $21,261 |
| 21 years | $25,417 |
| 23 years | $29,574 |
| 25 years | $33,730 |
Top Solar Installers in Ball
DIY solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Using an installer can make converting to solar power much easier. The expertise that solar companies offer can be valuable as well, especially if you don't quite know what type of solar equipment would be right for your home.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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
Although the average cost of a solar system in Ball is $18,224, your final cost may differ. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. There are many different solar panel brands and the one you pick also affects the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. Plus, 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
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are offered by most installers in Ball, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also adds to your total costs, so it's crucial to include that in your estimate as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The final significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Ball, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. Additionally, some companies in Ball are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $19,548 | 9.1 years |
| 8 kW | $2.62 | $14,680 | $26,352 | 8.9 years |
| 10 kW | $2.57 | $17,990 | $33,300 | 8.8 years |
| 12 kW | $2.52 | $21,156 | $40,391 | 8.6 years |
| 14 kW | $2.47 | $24,179 | $47,627 | 8.4 years |
| 16 kW | $2.42 | $27,057 | $55,007 | 8.2 years |
| 18 kW | $2.36 | $29,791 | $62,530 | 8.1 years |
| 20 kW | $2.31 | $32,382 | $70,197 | 7.9 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can research your installer's reputation is by reading reviews.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 few different factors. Broadly speaking, it costs about $12,850 for a 5-kW system and $25,700 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Ball?
Solar panels aren't free in Ball, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will having solar panels impact my home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Ball is currently $156,077, which means you can expect a value of about $6,399 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Ball is a worthwhile investment.
How long do solar panels last in Ball?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can keep using 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.