Solar Panel Cost Guide in Bayou Vista, LA (2024 Update)
- Bayou Vista Solar Installation Cost: $26,426
- 25-Year Savings: $26,089
- Payback Period: 15.0 Years
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Average Cost of Solar Panels in Bayou Vista
See how much it might cost to go solar in Bayou Vista.
The national average cost of solar panels is $2.66 per watt, but in Bayou Vista it’s 4 per watt.Since a 9.9-kW system is needed to cover the energy consumption of a typical home in Bayou Vista, the average price of going solar will be about $26,426 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average Bayou Vista homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find adopting solar power is a solid investment. The average homeowner in Bayou Vista can save about $17,000 on their power bills over 20 years.
Click the button below to get connected to a top solar installer in Bayou Vista for a personalized quote.
Solar savings over time in Bayou Vista
Year | Return on Investment |
---|---|
1 years | $-24,848 |
3 years | $-21,693 |
5 years | $-18,538 |
7 years | $-15,383 |
9 years | $-12,227 |
11 years | $-9,072 |
13 years | $-5,917 |
15 years | $-2,762 |
17 years | $394 |
19 years | $3,549 |
21 years | $6,704 |
23 years | $9,859 |
25 years | $13,015 |
Top Solar Installers in Bayou Vista
When switching to solar energy, many homeowners opt to use a solar company since installing a solar system yourself can be a challenging project. Some solar installers, especially local ones, can help you better understand incentives in Bayou Vista, thereby optimizing your ROI.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some nearby:
See all of the solar companies in Bayou Vista
Factors that Affect Solar Panel Costs in Bayou Vista
There are many criteria that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
When it comes to estimating the cost of solar panels in Bayou Vista, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can gauge by looking at past energy bills. Your overall cost can increase by about $3,800 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Bayou Vista, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Bayou Vista to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to paying more over time due to interest.When figuring out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Bayou Vista is the company you hire to install your solar system. Similar to choosing a company to build a deck or pool, for example, there are plenty of solar installers that offer a range of services for different budgets.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $9,952 | 15.6 years |
8 kW | $3.88 | $21,706 | $13,695 | 15.3 years |
10 kW | $3.80 | $26,600 | $17,650 | 15.0 years |
12 kW | $3.72 | $31,282 | $21,819 | 14.7 years |
14 kW | $3.65 | $35,750 | $26,200 | 14.4 years |
16 kW | $3.57 | $40,006 | $30,794 | 14.1 years |
18 kW | $3.50 | $44,050 | $35,601 | 13.8 years |
20 kW | $3.42 | $47,880 | $40,621 | 13.5 years |
How to Save on Solar Panels
The solar installer you choose will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:
- Contract: When reading through your solar installer’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one indication of a good company.
EcoWatch's Bayou Vista, LA Solar Cost FAQs
How much does it cost to install solar panels in Bayou Vista?
The average cost of solar panels in Bayou Vista is about $19,000 for a 5-kW system and $38,000 for a 10-kW system before the ITC, but the real cost will depend on things like the model 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 certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located 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 $885.01 per year.
How many solar panels should I get to power my home?
To figure out how many solar panels 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 usually produce about 250 to 400 watt-hours per hour, the average home 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.