Solar Panel Cost Guide in Hahnville, LA (2023 Update)
- Hahnville Solar Installation Cost: $17,846
- 25-Year Savings: $20,757
- Payback Period: 11.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Hahnville
Here's how much it might cost to make the switch to solar in Hahnville.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Hahnville, the average cost of solar panels is 2.57 per watt. The average solar panel system size in Hahnville is around 9.9 kilowatts, meaning a cost of about $17,846 for a solar installation, or $25,520 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Hahnville homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. With typical savings of about $15,000 on energy bills over 20 years, many homeowners in Hahnville find investing in solar has a decent ROI.
To get a free quote from a vetted solar installation company in Hahnville, you can click the button below.
Solar savings over time in Hahnville
| Year | Return on Investment |
|---|---|
| 1 years | $-16,302 |
| 3 years | $-13,214 |
| 5 years | $-10,126 |
| 7 years | $-7,037 |
| 9 years | $-3,949 |
| 11 years | $-861 |
| 13 years | $2,227 |
| 15 years | $5,316 |
| 17 years | $8,404 |
| 19 years | $11,492 |
| 21 years | $14,580 |
| 23 years | $17,668 |
| 25 years | $20,757 |
Top Solar Installers in Hahnville
Although you can install solar panels by yourself, it requires extra energy and handiness. Because of that, most people choose to hire a solar panel installer. Plus, if you're unsure what kind 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 company to go with, here are our suggestions for providers near you:
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 Hahnville
Factors that Affect Solar Panel Costs in Hahnville
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that will push your cost above or below the average in Hahnville: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay around $2,570 per kilowatt in Hahnville. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space 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 increase the cost.
Solar Financing Terms
Most solar companies in Hahnville provide solar loans, which reduce the initial cost of installing solar panels. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Hahnville is the company you hire to install your solar panel system. Similar to choosing a company to install new cabinets, for example, there's no shortage of solar installers that provide a range of services at different costs. You may see national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions 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 | $12,127 | 12.0 years |
| 8 kW | $2.62 | $14,680 | $16,457 | 11.8 years |
| 10 kW | $2.57 | $17,990 | $20,931 | 11.6 years |
| 12 kW | $2.52 | $21,156 | $25,549 | 11.3 years |
| 14 kW | $2.47 | $24,179 | $30,311 | 11.1 years |
| 16 kW | $2.42 | $27,057 | $35,217 | 10.9 years |
| 18 kW | $2.36 | $29,791 | $40,266 | 10.6 years |
| 20 kW | $2.31 | $32,382 | $45,460 | 10.4 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: When looking through your solar installer's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
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 Hahnville, LA Solar Cost FAQs
What is the average cost of installing solar panels in Hahnville?
The average cost of solar panels in Hahnville 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 like the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Hahnville?
You can't get solar panels for free in Hahnville. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Do solar panels increase the value of your home?
Solar panels can increase your property's value considerably as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know 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.