Solar Panel Cost Guide in Gretna, LA (2024 Update)
- Gretna Solar Installation Cost: $26,333
- 25-Year Savings: $26,940
- Payback Period: 14.7 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Gretna
Here’s how much it might cost to install solar panels in Gretna.
The average cost of solar panels in Gretna is 4 per watt.The average solar panel system size in Gretna is around 9.9 kilowatts, meaning a cost of about $26,333 for a solar installation, or $37,656 before the 0 federal solar tax credit is applied.
These figures are just estimates, and how much solar costs for you may differ based on the amount of energy your home requires and what company you want to go with.For many homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $17,000 in savings on utility bills over 20 years.
Click the button below to get connected to a top solar panel company in Gretna for a custom quote.
Solar savings over time in Gretna
Year | Return on Investment |
---|---|
1 years | $-25,024 |
3 years | $-22,405 |
5 years | $-19,787 |
7 years | $-17,168 |
9 years | $-14,550 |
11 years | $-11,931 |
13 years | $-9,313 |
15 years | $-6,694 |
17 years | $-4,076 |
19 years | $-1,457 |
21 years | $1,161 |
23 years | $3,780 |
25 years | $6,399 |
Top Solar Installers in Gretna
Installing solar panels on your own can be a challenging task, which is why using a solar installer is a good option for many homeowners. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance over the lifespan of your panels.
If you're searching for a solar installer in Gretna, we've compiled a list of our top suggestions here:
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 Gretna
Factors that Affect Solar Panel Costs in Gretna
Though the average cost of a solar system in Gretna is $26,333, your actual cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the price of solar panels in Gretna, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can figure out by looking at past power bills. Your overall cost can increase by about $3,800 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Gretna, 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 a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are a popular route because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years.You’ll have to consider the long-term cost of financing options, including the total 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 more than the principal 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 final major cost factor you should keep in mind is the installer you choose. Given the massive popularity of sustainable energy solutions in Gretna, you’ll have lots of options to choose from, but each comes at varying price points for labor and equipment.The size of the company sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger 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 | $10,523 | 15.3 years |
8 kW | $3.88 | $21,706 | $14,456 | 15.0 years |
10 kW | $3.80 | $26,600 | $18,602 | 14.7 years |
12 kW | $3.72 | $31,282 | $22,961 | 14.4 years |
14 kW | $3.65 | $35,750 | $27,533 | 14.1 years |
16 kW | $3.57 | $40,006 | $32,317 | 13.8 years |
18 kW | $3.50 | $44,050 | $37,314 | 13.5 years |
20 kW | $3.42 | $47,880 | $42,524 | 13.2 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Reputation: Long-running companies likely have a high 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.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.
- Contract: It’s important to read your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should secure and what the project timeline is.
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 Gretna, LA Solar Cost FAQs
How much does it cost to install solar panels in Gretna?
This is a difficult question to answer precisely, because the cost depends on many factors. Broadly 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 more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Gretna?
A solar panel system isn’t free in Gretna, 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 can help lower the cost.
How much can I save on energy bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $904.04 per year.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level 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.