Solar Panel Cost Guide in Cut Off, LA (2024 Update)
- Cut Off Solar Installation Cost: $26,272
- 25-Year Savings: $20,835
- Payback Period: 17.0 Years
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Average Cost of Solar Panels in Cut Off
We break down average solar pricing in Cut Off.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Cut Off, the typical cost of a solar system is 4 per watt.The average Cut Off homeowner needs a 9.9-kilowatt system, which would cost about $26,272 with the federal tax credit, or $37,569 before the 0 tax credit is applied.
These figures are only averages, and the cost of going solar for you will most likely look different based on factors unique to your home and what company you want to go with.Many homeowners find installing solar panels is a fruitful investment. The average homeowner in Cut Off can save about $15,000 on their electricity bills over 20 years.
You can click the button below to get connected with a vetted solar company in Cut Off that can help you get a more accurate cost estimate for your home.
Solar savings over time in Cut Off
| Year | Return on Investment |
|---|---|
| 1 years | $-24,962 |
| 3 years | $-22,344 |
| 5 years | $-19,725 |
| 7 years | $-17,107 |
| 9 years | $-14,488 |
| 11 years | $-11,870 |
| 13 years | $-9,251 |
| 15 years | $-6,633 |
| 17 years | $-4,014 |
| 19 years | $-1,396 |
| 21 years | $1,223 |
| 23 years | $3,841 |
| 25 years | $6,460 |
Top Solar Installers in Cut Off
When making the switch to solar, many homeowners choose to use a solar installation company since installing a solar system yourself can be a challenging project. Local solar installers can also help you maximize your return on investment by walking you through any local incentives and by providing warranties and repairs.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some near you:
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 Cut Off
Factors that Affect Solar Panel Costs in Cut Off
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that affect your total cost in Cut Off: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
One of the most important 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 energy your household uses, the larger your system will likely need to be. You can expect to pay around $3,800 per kilowatt in Cut Off.The 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. On the other hand, more efficient panels could save you more over time on your energy bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Cut Off average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are available from most installers in Cut Off, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible.When figuring out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you opt for to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies in Cut Off, and each can charge different amounts for labor and equipment.Additionally, some companies in Cut Off have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 | $3.95 | $16,598 | $6,853 | 17.7 years |
| 8 kW | $3.88 | $21,706 | $9,562 | 17.4 years |
| 10 kW | $3.80 | $26,600 | $12,485 | 17.0 years |
| 12 kW | $3.72 | $31,282 | $15,620 | 16.7 years |
| 14 kW | $3.65 | $35,750 | $18,968 | 16.3 years |
| 16 kW | $3.57 | $40,006 | $22,529 | 16.0 years |
| 18 kW | $3.50 | $44,050 | $26,303 | 15.7 years |
| 20 kW | $3.42 | $47,880 | $30,290 | 15.3 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 find the right company for you, here are some tips to keep in mind:
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Cut Off, LA Solar Cost FAQs
How much does it cost to install solar panels in Cut Off?
The average cost of solar panels in Cut Off 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 things such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Cut Off?
A solar panel system isn’t free in Cut Off, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How will having solar panels impact the value of my home?
Solar panels can increase your home value remarkably 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% with a solar installation."
How long do solar panels last in Cut Off?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.
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.