Solar Panel Cost Guide in Berwick, LA (Mar 2023)
- Berwick Solar Installation Cost: $17,846
- 25-Year Savings: $25,726
- Payback Period: 10.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Berwick
Let's take a look at the average cost of solar in Berwick.
The average cost of solar panels in Berwick is 2.57 per watt. The average solar panel system size in Berwick is around 9.9 kilowatts, meaning a cost of about $17,846 for a solar installation, or $25,520 before the 30% federal solar tax credit is applied.
These figures are only averages, and the cost of going solar for you may differ based on factors unique to your home and what company you want to go with. With typical savings of about $17,000 on electricity bills over 20 years, many homeowners in Berwick find investing in solar can be quite rewarding.
You can click the button below to get connected with a vetted solar installer in Berwick for a quote for your home.
Solar savings over time in Berwick
| Year | Return on Investment |
|---|---|
| 1 years | $-16,103 |
| 3 years | $-12,617 |
| 5 years | $-9,132 |
| 7 years | $-5,646 |
| 9 years | $-2,160 |
| 11 years | $1,326 |
| 13 years | $4,811 |
| 15 years | $8,297 |
| 17 years | $11,783 |
| 19 years | $15,269 |
| 21 years | $18,754 |
| 23 years | $22,240 |
| 25 years | $25,726 |
Top Solar Installers in Berwick
Although you can install solar panels yourself, it takes extra energy and knowledge. For that reason, almost all homeowners choose to hire a solar panel installer. Plus, if you aren't sure what brand of solar panels and equipment you need, a solar installer can help you find the right equipment for you after a site survey and consultation.
If you're searching for a solar installer in Berwick, the EcoWatch team has organized a list of our top suggestions here:
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Berwick
Factors that Affect Solar Panel Costs in Berwick
Although the average cost of a solar system in Berwick is $17,846, your final cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay about $2,570 per kilowatt in Berwick. There are many different solar panel brands and the one you choose also changes the cost. Typically, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you choose can affect your total cost. If you just 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 panels out of pocket can be financially overwhelming. Solar loans are provided by most installers in Berwick, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar company you choose to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Berwick, and each can charge different amounts for labor and equipment. Additionally, some companies in Berwick know more about local solar incentives and can help you take advantage of 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 | $2.67 | $11,226 | $15,125 | 10.7 years |
| 8 kW | $2.62 | $14,680 | $20,455 | 10.4 years |
| 10 kW | $2.57 | $17,990 | $25,928 | 10.2 years |
| 12 kW | $2.52 | $21,156 | $31,546 | 10.0 years |
| 14 kW | $2.47 | $24,179 | $37,307 | 9.8 years |
| 16 kW | $2.42 | $27,057 | $43,212 | 9.6 years |
| 18 kW | $2.36 | $29,791 | $49,261 | 9.4 years |
| 20 kW | $2.31 | $32,382 | $55,454 | 9.2 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose greatly influences your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: The brand of solar panel you want to install plays a role in which company you should opt for, since different companies provide different panels.
- Contract: Read the contract terms carefully to make sure you understand the overall cost, project timeline rebates and warranties.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely offer good-quality solar panel installation and expertise.
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Berwick, LA Solar Cost FAQs
How much does it cost to install solar panels in Berwick?
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. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Berwick?
Leasing solar panels can be an appealing choice, because it often comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
How much can I save on electricity bills after switching to solar?
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 $878.36 per year.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.