Solar Panel Cost Guide in Brownfields, LA (2024 Update)
- Brownfields Solar Installation Cost: $26,569
- 25-Year Savings: $27,218
- Payback Period: 14.7 Years
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Average Cost of Solar Panels in Brownfields
Here’s how much it might cost to install solar panels in Brownfields.
Although the national average of solar panels is $2.66 per watt, solar panels in Brownfields typically cost around 4.Using this figure, a typical 10.0-kW system would cost about $26,569 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Brownfields homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.For most homeowners, the upfront cost of solar panels is worth paying. On average Brownfields homeowners see about $17,000 in savings on electricity bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Brownfields
| Year | Return on Investment |
|---|---|
| 1 years | $-25,195 |
| 3 years | $-22,447 |
| 5 years | $-19,700 |
| 7 years | $-16,952 |
| 9 years | $-14,204 |
| 11 years | $-11,457 |
| 13 years | $-8,709 |
| 15 years | $-5,961 |
| 17 years | $-3,214 |
| 19 years | $-466 |
| 21 years | $2,282 |
| 23 years | $5,029 |
| 25 years | $7,777 |
Top Solar Installers in Brownfields
When making the switch to solar, many homeowners prefer to hire a solar installer since putting up solar panels yourself can be a challenging project. Solar warranties and repairs are usually included in the cost of installation when you hire a solar contractor as well, which can save you more money over time.
Working with a vetted solar company can help you make the most of your investment in solar. Here are our recommendations:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Brownfields
Factors that Affect Solar Panel Costs in Brownfields
The cost of installing a solar system in Brownfields can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest 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
The size of the solar system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,800. The kind of solar equipment you choose can increase or decrease your cost 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, more efficient panels could save you more over time on your power bills. In addition, add-on products, like solar batteries, can bump up your total well above the Brownfields average.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That’s why many Brownfields homeowners opt to finance their solar panel systems to offset upfront costs.Although solar loans make adopting solar energy more accessible for Brownfields homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can impact the cost. Brownfields’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Brownfields have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $10,546 | 15.3 years |
| 8 kW | $3.88 | $21,706 | $14,487 | 15.0 years |
| 10 kW | $3.80 | $26,600 | $18,640 | 14.7 years |
| 12 kW | $3.72 | $31,282 | $23,007 | 14.4 years |
| 14 kW | $3.65 | $35,750 | $27,586 | 14.1 years |
| 16 kW | $3.57 | $40,006 | $32,378 | 13.8 years |
| 18 kW | $3.50 | $44,050 | $37,383 | 13.5 years |
| 20 kW | $3.42 | $47,880 | $42,601 | 13.2 years |
How to Save on Solar Panels
The solar panel company you opt for will impact 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:
- Installation Process: Make sure you’re aligned with the company regarding how the installation process will go and what needs to be done before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Reputation: Long-running 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 support, such as part repairs and replacements.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Before you sign a contract with a solar installer, make sure to look it over fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Brownfields, LA Solar Cost FAQs
What is the average cost of installing solar panels in Brownfields?
The average cost of solar panels in Brownfields is about $19,000 for a 5-kW system and $38,000 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Brownfields?
Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The drawback 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 way to go if you want to get the most savings.
Do solar panels increase the value of your home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Brownfields is currently $219,909, which means you could be looking at a value of about $9,016 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Brownfields is a fruitful investment.
How long do solar panels last in Brownfields?
On average, the lifespan of solar panels is 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.