Solar Panel Cost Guide in Harvey, LA (2023 Update)
- Harvey Solar Installation Cost: $17,810
- 25-Year Savings: $25,555
- Payback Period: 10.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Harvey
We break down average solar pricing in Harvey.
The average cost of a solar system in Harvey is 2.57 per watt. Using this figure, a typical 9.9-kW system would cost about $17,810 before the 30% federal solar tax credit is applied.
The true price you pay can be above or below the average in Harvey based on a variety of factors, such as the model of solar panels you choose and the solar contractor you hire. With average savings of about $17,000 on utility bills over 20 years, many homeowners in Harvey find investing in solar can pay off big.
You can click the button below to get connected with a pre-vetted solar installer in Harvey for a quote for your home.
Solar savings over time in Harvey
| Year | Return on Investment |
|---|---|
| 1 years | $-16,075 |
| 3 years | $-12,606 |
| 5 years | $-9,137 |
| 7 years | $-5,668 |
| 9 years | $-2,199 |
| 11 years | $1,271 |
| 13 years | $4,740 |
| 15 years | $8,209 |
| 17 years | $11,678 |
| 19 years | $15,147 |
| 21 years | $18,617 |
| 23 years | $22,086 |
| 25 years | $25,555 |
Top Solar Installers in Harvey
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Going with a solar company can make swapping over to solar power much easier. A solar company can also help save you money over time by providing warranties, repairs and part replacements.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Harvey
Factors that Affect Solar Panel Costs in Harvey
For many Harvey homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Harvey, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Harvey, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can figure out by looking at past electricity bills. Your total cost can increase by around $2,570 for each additional kilowatt you need. There are many different solar panel brands and the one you pick also changes the cost. In general, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Harvey to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area offers financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to paying more over time because of interest. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installer you pick will affect your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk prices, 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 | $15,057 | 10.7 years |
| 8 kW | $2.62 | $14,680 | $20,364 | 10.5 years |
| 10 kW | $2.57 | $17,990 | $25,814 | 10.3 years |
| 12 kW | $2.52 | $21,156 | $31,409 | 10.1 years |
| 14 kW | $2.47 | $24,179 | $37,148 | 9.9 years |
| 16 kW | $2.42 | $27,057 | $43,030 | 9.7 years |
| 18 kW | $2.36 | $29,791 | $49,056 | 9.4 years |
| 20 kW | $2.31 | $32,382 | $55,227 | 9.2 years |
How to Save on Solar Panels
There are numerous companies to choose from in Harvey, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: Warranties that provide coverage for defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one sign of a quality company.
- Solar Panel Brands: The brand of solar panel you need to install plays a role in which installer you should opt for, since different companies provide different panels.
- Installation Process: Make sure you're on the same page with the company in regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating your electrical system or roof.
- Contract: When reading over 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 part breaking or the company going out of business.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Harvey, LA Solar Cost FAQs
How much does it cost to install solar panels in Harvey?
This is a difficult question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $12,850 for a 5-kW system and $25,700 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have above-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in Harvey?
You can't get solar panels for free in Harvey. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Harvey?
The majority of states offer net metering programs of some kind. Through these, you can get paid for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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.