Solar Panel Cost Guide in Grambling, LA (Mar 2023)
- Grambling Solar Installation Cost: $18,404
- 25-Year Savings: $17,089
- Payback Period: 13.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Grambling
Let's have a look at the average cost of solar panels in Grambling.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Grambling, the average cost of solar panels is 2.57 per watt. To account for the typical energy needs of the average home in Grambling, most homeowners require a 10.2-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,404, or $26,318 before the federal solar tax credit of 30% is applied.
How much you pay can be above or below the average in Grambling based on a few factors, such as the brand of solar panels you choose and the solar company you hire. For many homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $13,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Grambling for a quote for your home.
Solar savings over time in Grambling
| Year | Return on Investment |
|---|---|
| 1 years | $-16,984 |
| 3 years | $-14,145 |
| 5 years | $-11,305 |
| 7 years | $-8,466 |
| 9 years | $-5,626 |
| 11 years | $-2,787 |
| 13 years | $53 |
| 15 years | $2,892 |
| 17 years | $5,732 |
| 19 years | $8,571 |
| 21 years | $11,411 |
| 23 years | $14,250 |
| 25 years | $17,089 |
Top Solar Installers in Grambling
Many homeowners opt for a solar panel company since trying to put up solar panels on your own can be a labor-intensive endeavor. Plus, if you're not certain what type of solar panels and equipment you want, a solar expert can help you figure that out after a site survey and consultation.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Grambling
Factors that Affect Solar Panel Costs in Grambling
There are a number of criteria that can play into your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. For that reason, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in Grambling, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. It's wise to add 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 keep in mind when trying to figure out the cost of solar for your home or business in Grambling is the company you hire to install your solar system. Similar to choosing a company to install new cabinets, for example, you'll have no shortage of solar installers that provide 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 equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $9,581 | 13.5 years |
| 8 kW | $2.62 | $14,680 | $13,063 | 13.2 years |
| 10 kW | $2.57 | $17,990 | $16,688 | 13.0 years |
| 12 kW | $2.52 | $21,156 | $20,458 | 12.7 years |
| 14 kW | $2.47 | $24,179 | $24,371 | 12.5 years |
| 16 kW | $2.42 | $27,057 | $28,428 | 12.2 years |
| 18 kW | $2.36 | $29,791 | $32,630 | 11.9 years |
| 20 kW | $2.31 | $32,382 | $36,975 | 11.7 years |
How to Save on Solar Panels
The solar installer you go with will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations 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 make sure you ask for their list of offerings before deciding.
- Contract: Though reading through a contract can take a lot of time, it's important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should secure and how long the project will take.
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 Grambling, LA Solar Cost FAQs
How much does it cost to install solar panels in Grambling?
The average cost of solar panels in Grambling 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 use.
What other factors should I consider aside from cost when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How will installing solar panels impact the value of my home?
Solar panels can increase the value of your home 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% after installing a solar system."
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.