Solar Panel Cost Guide in Blanchard, LA (2023 Update)
- Blanchard Solar Installation Cost: $18,364
- 25-Year Savings: $26,483
- Payback Period: 10.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Blanchard
Let's take a look at the average cost of solar panels in Blanchard.
While the national average of solar panels is $2.66 per watt, solar panels in Blanchard typically cost around 2.57. The average solar panel system size in Blanchard is around 10.2 kilowatts, meaning a cost of about $18,368 for a solar installation, or $26,266 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Blanchard homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. With average savings of about $17,000 on electricity bills over 20 years, many homeowners in Blanchard find investing in solar has a decent ROI.
To receive a free quote from a pre-vetted solar installer in Blanchard, you can click the button below.
Solar savings over time in Blanchard
| Year | Return on Investment |
|---|---|
| 1 years | $-16,828 |
| 3 years | $-13,757 |
| 5 years | $-10,685 |
| 7 years | $-7,614 |
| 9 years | $-4,543 |
| 11 years | $-1,471 |
| 13 years | $1,600 |
| 15 years | $4,671 |
| 17 years | $7,743 |
| 19 years | $10,814 |
| 21 years | $13,885 |
| 23 years | $16,957 |
| 25 years | $20,028 |
Top Solar Installers in Blanchard
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Hiring an installer can make swapping over to solar power much easier. Plus, if you're unsure 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'd like to go solar but still aren't sure which solar company to go with, here are our suggestions for providers in Blanchard:
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 Blanchard
Factors that Affect Solar Panel Costs in Blanchard
The cost of installing a solar system in Blanchard can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include the equipment you choose, 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 installing solar panels. Because of that, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. The type of solar panels and equipment you want is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Further, solar equipment goes beyond just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that's in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are offered by most installers in Blanchard, which can lower, or in some cases eliminate, your upfront costs to make solar more affordable. When considering your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Blanchard, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials 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 | $2.67 | $11,226 | $15,134 | 10.6 years |
| 8 kW | $2.62 | $14,680 | $20,467 | 10.4 years |
| 10 kW | $2.57 | $17,990 | $25,943 | 10.2 years |
| 12 kW | $2.52 | $21,156 | $31,564 | 10.0 years |
| 14 kW | $2.47 | $24,179 | $37,328 | 9.8 years |
| 16 kW | $2.42 | $27,057 | $43,237 | 9.6 years |
| 18 kW | $2.36 | $29,791 | $49,289 | 9.4 years |
| 20 kW | $2.31 | $32,382 | $55,485 | 9.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: Though reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: Different companies carry various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you're considering has it.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
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 Blanchard, LA Solar Cost FAQs
How much does it cost to install solar panels in Blanchard?
The average cost of solar panels in Blanchard is about $12,850 for a 5-kW system and $25,700 for a 10-kW system before the ITC, but the actual cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider aside from cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase your property value?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can take a 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 buy 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.