Solar Panel Cost Guide in Eunice, LA (Mar 2023)
- Eunice Solar Installation Cost: $17,828
- 25-Year Savings: $28,623
- Payback Period: 9.6 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Eunice
We break down average solar pricing in Eunice.
In Eunice, solar panels cost about 2.57 per watt on average. The average Eunice homeowner needs a 9.9-kilowatt system, which would cost about $17,828 with the federal tax credit, or $25,494 before the 30% tax credit is applied.
These figures are just estimates, and your own solar costs will differ based on your energy needs and what company you want to go with. But, once you've paid the upfront cost of installation, the ROI for most homeowners is typically rewarding, with a net average savings of about $18,000 over 20 years on energy bills.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Eunice
| Year | Return on Investment |
|---|---|
| 1 years | $-15,970 |
| 3 years | $-12,254 |
| 5 years | $-8,538 |
| 7 years | $-4,822 |
| 9 years | $-1,106 |
| 11 years | $2,610 |
| 13 years | $6,326 |
| 15 years | $10,042 |
| 17 years | $13,758 |
| 19 years | $17,474 |
| 21 years | $21,191 |
| 23 years | $24,907 |
| 25 years | $28,623 |
Top Solar Installers in Eunice
When switching to solar energy, many homeowners prefer to go with a solar installer since installing a solar system yourself can be a difficult project. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term because of their warranties, repair services and expert design.
If you're on the hunt for a solar installer in Eunice, we've organized a list of our top suggestions here:
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Eunice
Factors that Affect Solar Panel Costs in Eunice
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few major factors that affect your total cost in Eunice: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
The size of the solar energy system you need for your home, 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 around $2,570. The model of solar panels and equipment you want is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment consists of more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a popular route because they lower your upfront costs and allow you to pay for your system over five to seven years on average. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you pick will play a role in your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor. 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 go with the company that has the products, warranties and services you're looking for 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 | $2.67 | $11,226 | $16,887 | 10.0 years |
| 8 kW | $2.62 | $14,680 | $22,804 | 9.8 years |
| 10 kW | $2.57 | $17,990 | $28,865 | 9.6 years |
| 12 kW | $2.52 | $21,156 | $35,070 | 9.4 years |
| 14 kW | $2.47 | $24,179 | $41,419 | 9.2 years |
| 16 kW | $2.42 | $27,057 | $47,911 | 9.0 years |
| 18 kW | $2.36 | $29,791 | $54,548 | 8.8 years |
| 20 kW | $2.31 | $32,382 | $61,328 | 8.6 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Eunice, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- 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 likely has a solid reputation and is qualified to get the job done well. Another way you can look into your installer's reputation is by reading reviews.
- Installation Process: When going solar, it's important to maintain an open line of communication with your solar panel company. Make sure you understand how the installation process works and the completion timeline.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
- Contract: Look through the contract terms closely to make sure you understand the cost breakdown, completion timeline rebates and warranties.
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Eunice, LA Solar Cost FAQs
How much does it cost to install solar panels in Eunice?
The average cost of solar panels in Eunice 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 stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Eunice?
Solar panels aren't free in Eunice, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in Eunice?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can take a 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 get 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.