Solar Panel Cost Guide in Eden Isle, LA (2024 Update)
- Eden Isle Solar Installation Cost: $26,333
- 25-Year Savings: $29,269
- Payback Period: 14.0 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Eden Isle
Let’s have a look at the average cost of solar in Eden Isle.
In Eden Isle, solar panels cost about 4 per watt on average.Using this figure, a typical 9.9-kW system would cost about $26,333 before the 0 federal solar tax credit is applied.
How much you pay can go above or below the average in Eden Isle depending on a few factors, such as the brand of solar panels you choose and the solar contractor you hire.For many homeowners, the upfront investment in solar power is worth paying. On average homeowners in Eden Isle see about $18,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a top solar installer in Eden Isle for a quote for your home.
Solar savings over time in Eden Isle
Year | Return on Investment |
---|---|
1 years | $-24,756 |
3 years | $-21,600 |
5 years | $-18,445 |
7 years | $-15,290 |
9 years | $-12,135 |
11 years | $-8,979 |
13 years | $-5,824 |
15 years | $-2,669 |
17 years | $486 |
19 years | $3,642 |
21 years | $6,797 |
23 years | $9,952 |
25 years | $13,107 |
Top Solar Installers in Eden Isle
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Hiring an installer can make swapping over to solar power much easier. Another perk of using a solar company is that they can help you make the most of your ROI by cutting back on future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
Working with a licensed solar installer can help your solar project go smoothly. 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 Eden Isle
Factors that Affect Solar Panel Costs in Eden Isle
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that will push your cost above or below the average in Eden Isle: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly 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. For that reason, 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.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose 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 in the long run on your energy bills. In addition, extra products, such as solar batteries, can bring your total well above the Eden Isle average.
Solar Financing Terms
Many homeowners find the average cost of solar in Eden Isle to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in paying more over time because of interest.When figuring out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
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 operating throughout Eden Isle, and each can charge different amounts for labor and equipment.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and choose a company that offers the products, warranties and services you want and also fit into your budget.
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 | $11,935 | 14.5 years |
8 kW | $3.88 | $21,706 | $16,338 | 14.3 years |
10 kW | $3.80 | $26,600 | $20,955 | 14.0 years |
12 kW | $3.72 | $31,282 | $25,784 | 13.7 years |
14 kW | $3.65 | $35,750 | $30,827 | 13.4 years |
16 kW | $3.57 | $40,006 | $36,082 | 13.1 years |
18 kW | $3.50 | $44,050 | $41,549 | 12.9 years |
20 kW | $3.42 | $47,880 | $47,230 | 12.6 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Contract: Review the contract terms thoroughly to make sure you understand the total cost, project completion timeline rebates and warranties.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can look into your installer’s reputation is by reading reviews.
- Installation Process: When going solar, it’s essential to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the project completion timeline.
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 Eden Isle, LA Solar Cost FAQs
How much does it cost to install solar panels in Eden Isle?
The average cost of solar panels in Eden Isle 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 model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Eden Isle?
Leasing solar panels can be an option if you can’t afford to pay upfront or get 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 bang for your buck from going solar.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.