Solar Panel Cost Guide in DeQuincy, LA (2023 Update)
- DeQuincy Solar Installation Cost: $17,861
- 25-Year Savings: $30,545
- Payback Period: 9.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in DeQuincy
Let's have a look at the average cost of solar panels in DeQuincy.
While the national average of solar panels is $2.66 per watt, solar panels in DeQuincy generally cost about 2.57. Because a 9.9-kW system is needed to cover the energy consumption of a typical home in DeQuincy, the average price of going solar will be about $17,864 after claiming the federal solar tax credit of 30%.
These figures are only averages, and your own solar costs may vary based on the amount of energy your home requires and what company you want to go with. But, once you've paid the upfront cost of installation, the return on investment for most homeowners is quite fruitful, with a net average savings of about $19,000 over 20 years on utility bills.
You can click the button below to get connected with a pre-vetted solar installer in DeQuincy that can help you get a more accurate cost estimate for your home.
Solar savings over time in DeQuincy
| Year | Return on Investment |
|---|---|
| 1 years | $-16,283 |
| 3 years | $-13,128 |
| 5 years | $-9,973 |
| 7 years | $-6,817 |
| 9 years | $-3,662 |
| 11 years | $-507 |
| 13 years | $2,648 |
| 15 years | $5,804 |
| 17 years | $8,959 |
| 19 years | $12,114 |
| 21 years | $15,269 |
| 23 years | $18,425 |
| 25 years | $21,580 |
Top Solar Installers in DeQuincy
Although you can install solar panels yourself, it takes extra time and knowledge. Because of that, most people choose to hire a solar panel installer. Plus, if you're unsure what brand of solar panels and equipment you need, a solar company can help you figure that out after a site survey and consultation.
If you'd like to go solar but still aren't sure which solar system installer to go with, here are our recommendations for providers nearby:
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 DeQuincy
Factors that Affect Solar Panel Costs in DeQuincy
For many DeQuincy homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in DeQuincy, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you'll pay, which we'll go over below.
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 a priority to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like DeQuincy, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of 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
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are offered by most installers in DeQuincy, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The remaining key cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in DeQuincy, you'll have many options to choose from, but each comes at different price points for labor and equipment. Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car 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 | $18,028 | 9.6 years |
| 8 kW | $2.62 | $14,680 | $24,325 | 9.4 years |
| 10 kW | $2.57 | $17,990 | $30,766 | 9.2 years |
| 12 kW | $2.52 | $21,156 | $37,351 | 9.0 years |
| 14 kW | $2.47 | $24,179 | $44,080 | 8.9 years |
| 16 kW | $2.42 | $27,057 | $50,953 | 8.7 years |
| 18 kW | $2.36 | $29,791 | $57,970 | 8.5 years |
| 20 kW | $2.31 | $32,382 | $65,130 | 8.3 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of options before deciding.
- Contract: Review the contract terms carefully to make sure you understand the total cost, project completion timeline rebates and warranties.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.
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 DeQuincy, LA Solar Cost FAQs
What is the average cost of installing solar panels in DeQuincy?
The average cost of solar panels in DeQuincy 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 model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to think about when buying solar panels?
The initial cost is a crucial factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Does DeQuincy have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future power bills.
How often do you have to replace solar panels?
Although 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 the amount of energy they produce will have decreased significantly after that point. You can replace them once you've had 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.