Solar Panel Cost Guide in Bossier City, LA (2023 Update)
- Bossier City Solar Installation Cost: $18,368
- 25-Year Savings: $26,823
- Payback Period: 10.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Bossier City
Find out what the average cost of a solar system is in Bossier City.
Although the national average of solar panels is $2.66 per watt, solar panels in Bossier City generally cost around 2.57. To cover the typical energy usage of the average home in Bossier City, most homeowners require a 10.2-kilowatt system. Using the figure above, a solar installation costs about $18,368, or $26,266 before the federal solar tax credit of 30% is applied.
The true cost of your system can be above or below the average in Bossier City based on a variety of factors, such as the kind of solar panels you choose and the solar contractor you hire. Many homeowners find going solar is a sound investment. The average homeowner in Bossier City can save about $17,000 on their power bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Bossier City
| Year | Return on Investment |
|---|---|
| 1 years | $-16,560 |
| 3 years | $-12,945 |
| 5 years | $-9,330 |
| 7 years | $-5,714 |
| 9 years | $-2,099 |
| 11 years | $1,516 |
| 13 years | $5,132 |
| 15 years | $8,747 |
| 17 years | $12,362 |
| 19 years | $15,978 |
| 21 years | $19,593 |
| 23 years | $23,208 |
| 25 years | $26,823 |
Top Solar Installers in Bossier City
Trying to put up solar panels on your own can be a challenging project, which is why hiring a solar installation company is a good option for many homeowners. Some solar installers, particularly local ones, can help you better understand incentives in Bossier City, therefore optimizing your ROI.
If you're on the hunt for a solar company in Bossier City, the EcoWatch team has compiled a list of our top suggestions here:
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 Bossier City
Factors that Affect Solar Panel Costs in Bossier City
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Bossier City: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay about $2,570 per kilowatt in Bossier City. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Bossier City, 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
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are provided by most installers in Bossier City, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible. Although solar loans make adopting solar energy more accessible for Bossier City homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you hire to handle your switch to clean energy can play a part in your total costs. There are about 3 solar panel companies in Bossier City, and each can charge different amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $15,322 | 10.6 years |
| 8 kW | $2.62 | $14,680 | $20,717 | 10.4 years |
| 10 kW | $2.57 | $17,990 | $26,256 | 10.2 years |
| 12 kW | $2.52 | $21,156 | $31,939 | 10.0 years |
| 14 kW | $2.47 | $24,179 | $37,766 | 9.8 years |
| 16 kW | $2.42 | $27,057 | $43,737 | 9.6 years |
| 18 kW | $2.36 | $29,791 | $49,852 | 9.4 years |
| 20 kW | $2.31 | $32,382 | $56,110 | 9.1 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose greatly impacts 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:
- Contract: Though reading through a contract can take a lot of time, it's important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Warranty: If you're worried about the longevity of your solar energy system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Although there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of offerings before making your decision.
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 Bossier City, LA Solar Cost FAQs
What is the average cost of installing solar panels in Bossier City?
The average cost of solar panels in Bossier City is about $12,850 for a 5-kW system and $25,700 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Bossier City?
You can't get solar panels for free in Bossier City. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Do solar panels increase your property value?
Solar panels can increase your home value significantly 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 solar panels."
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household 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.