Solar Panel Cost Guide in Denham Springs, LA (2025 Update)
- Denham Springs Solar Installation Cost: $26,526
- 25-Year Savings: $27,247
- Payback Period: 14.7 Years
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Average Cost of Solar Panels in Denham Springs
See how much it might cost to make the switch to solar in Denham Springs.
While the national average of solar panels is $2.66 per watt, solar panels in Denham Springs typically cost around 4.The average solar panel system size in Denham Springs is around 10.0 kilowatts, meaning a cost of about $26,526 for a solar installation, or $37,932 before the 0 federal solar tax credit is applied.
The true cost of your system can go higher or lower than the average in Denham Springs depending on a few factors, such as the kind of solar panels you choose and the solar contractor you hire.Despite the high upfront cost, the average Denham Springs homeowner can save around $17,000 on their energy bills over 20 years, which is one of the benefits of solar.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Denham Springs
Year | Return on Investment |
---|---|
1 years | $-25,152 |
3 years | $-22,404 |
5 years | $-19,657 |
7 years | $-16,909 |
9 years | $-14,161 |
11 years | $-11,414 |
13 years | $-8,666 |
15 years | $-5,919 |
17 years | $-3,171 |
19 years | $-423 |
21 years | $2,324 |
23 years | $5,072 |
25 years | $7,820 |
Top Solar Installers in Denham Springs
Many homeowners choose to use a solar installation company since figuring out how to install solar panels on your own can be a labor-intensive endeavor. A solar installer can also help save you money in the long run by providing warranties, repairs and system component replacements.
If you're looking for a solar installer in Denham Springs, we've organized a list of our top suggestions here:
See all of the solar companies in Denham Springs
Factors that Affect Solar Panel Costs in Denham Springs
For many Denham Springs homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Denham Springs, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,800.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Denham Springs, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That’s why many Denham Springs homeowners opt to finance their solar panel systems to make going solar more affordable.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Denham Springs is the company you get to install your solar system. Similar to choosing a company to build a deck or pool, for example, there’s no shortage of solar installers that offer a range of services for different budgets.You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $10,590 | 15.3 years |
8 kW | $3.88 | $21,706 | $14,545 | 15.0 years |
10 kW | $3.80 | $26,600 | $18,713 | 14.7 years |
12 kW | $3.72 | $31,282 | $23,094 | 14.4 years |
14 kW | $3.65 | $35,750 | $27,688 | 14.1 years |
16 kW | $3.57 | $40,006 | $32,495 | 13.8 years |
18 kW | $3.50 | $44,050 | $37,514 | 13.5 years |
20 kW | $3.42 | $47,880 | $42,746 | 13.2 years |
How to Save on Solar Panels
There are many companies to choose from in Denham Springs, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: The brand of solar panel you want plays a part in which installer you should choose, since different companies have access to different panels.
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what you need to do before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
EcoWatch's Denham Springs, LA Solar Cost FAQs
How much does it cost to install solar panels in Denham Springs?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $19,000 for a 5-kW system and $38,000 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Denham Springs?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
How will solar panels impact my home value?
Solar panels can increase your property’s 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% with a solar installation."
How long do solar panels last in Denham Springs?
On average, solar panels can last 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.