Solar Panel Cost Guide in Bayou Cane, LA (2025 Update)
- Bayou Cane Solar Installation Cost: $26,315
- 25-Year Savings: $6,417
- Payback Period: 16.6 Years
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Average Cost of Solar Panels in Bayou Cane
Find out what the average cost of installing solar panels is in Bayou Cane.
While the national average of solar panels is $2.66 per watt, solar panels in Bayou Cane typically cost about 4.Because a 9.9-kW system is needed to cover the energy needs of a typical home in Bayou Cane, the average price of going solar will be about $26,315 after claiming the federal solar tax credit of 0.
The true price you pay can go above or below the average in Bayou Cane depending on a variety of factors, such as the type of solar panels you choose and the solar company you hire.But, after you've paid the initial cost of installation, the payback for most homeowners is usually good, with a net average savings of about $15,000 over 20 years on energy bills.
You can click the button below to get connected with a top solar installer in Bayou Cane that can help you get a more accurate cost estimate for your home.
Solar savings over time in Bayou Cane
| Year | Return on Investment |
|---|---|
| 1 years | $-25,006 |
| 3 years | $-22,387 |
| 5 years | $-19,768 |
| 7 years | $-17,150 |
| 9 years | $-14,531 |
| 11 years | $-11,913 |
| 13 years | $-9,294 |
| 15 years | $-6,676 |
| 17 years | $-4,057 |
| 19 years | $-1,439 |
| 21 years | $1,180 |
| 23 years | $3,798 |
| 25 years | $6,417 |
Top Solar Installers in Bayou Cane
DIY solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Taking advantage of an installer can make your switch to solar power much easier. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long run with their warranties, repair services and expert design.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
See all of the solar companies in Bayou Cane
Factors that Affect Solar Panel Costs in Bayou Cane
The cost of installing a solar system in Bayou Cane can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest 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
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. For that reason, it’s crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your energy bills. In addition, extra products, such as solar batteries, can bump up your total well above the Bayou Cane average.
Solar Financing Terms
Many homeowners find the average cost of solar in Bayou Cane to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest.However, the interest on solar loans also increases your total costs, so it’s vital to include that in your estimate as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Bayou Cane is the company you hire to install your PV system. Similar to choosing a company to install new cabinets, for example, there’s no shortage of solar installers that offer a range of services at different price points.Additionally, some companies in Bayou Cane know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. 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 | $3.95 | $16,598 | $7,376 | 17.3 years |
| 8 kW | $3.88 | $21,706 | $10,260 | 17.0 years |
| 10 kW | $3.80 | $26,600 | $13,357 | 16.6 years |
| 12 kW | $3.72 | $31,282 | $16,666 | 16.3 years |
| 14 kW | $3.65 | $35,750 | $20,189 | 16.0 years |
| 16 kW | $3.57 | $40,006 | $23,924 | 15.6 years |
| 18 kW | $3.50 | $44,050 | $27,872 | 15.3 years |
| 20 kW | $3.42 | $47,880 | $32,033 | 15.0 years |
How to Save on Solar Panels
There are numerous companies available in Bayou Cane, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
- Solar Panel Brands: Not all solar installers 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 go with.
- Reputation: Long-standing companies 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.
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, completion timeline incentives and warranties.
EcoWatch's Bayou Cane, LA Solar Cost FAQs
What is the average cost of installing solar panels in Bayou Cane?
This is a difficult question to answer precisely, because the cost depends on many 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 other solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to consider when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Is going solar worth it?
Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How long do solar panels last in Bayou Cane?
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 larger amount 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.