Solar Panel Cost Guide in Haughton, LA (2024 Update)
- Haughton Solar Installation Cost: $27,197
- 25-Year Savings: $23,800
- Payback Period: 16.1 Years
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Average Cost of Solar Panels in Haughton
Let’s take a look at the average cost of solar in Haughton.
In Haughton, solar panels cost about 4 per watt on average.Using this figure, a typical 10.2-kW system would cost about $27,197 before the 0 federal solar tax credit is applied.
The true cost of your system can go higher or lower than the average in Haughton depending on several factors, such as the kind of solar panels you choose and the solar company you hire.For many homeowners, the upfront investment in solar power is worth paying. On average homeowners in Haughton see about $16,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a top solar company in Haughton that can help you get a more accurate cost estimate for your home.
Solar savings over time in Haughton
| Year | Return on Investment |
|---|---|
| 1 years | $-25,888 |
| 3 years | $-23,269 |
| 5 years | $-20,651 |
| 7 years | $-18,032 |
| 9 years | $-15,413 |
| 11 years | $-12,795 |
| 13 years | $-10,176 |
| 15 years | $-7,558 |
| 17 years | $-4,939 |
| 19 years | $-2,321 |
| 21 years | $298 |
| 23 years | $2,916 |
| 25 years | $5,535 |
Top Solar Installers in Haughton
Although you can install solar panels yourself, it takes extra time and knowledge. That's one of the reasons most homeowners choose to hire a solar panel installer. Some solar companies, especially local ones, can help you better understand incentives in Haughton, thereby optimizing your ROI.
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
See all of the solar companies in Haughton
Factors that Affect Solar Panel Costs in Haughton
Though the average cost of a solar system in Haughton is $27,197, your final cost may differ. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy 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 $3,800 per kilowatt in Haughton.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Haughton, where sunlight is abundant, efficiency can quickly pay off. Plus, 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
Solar panels can save you money on energy bills over time, but they can also be a big investment. That’s why many Haughton homeowners opt to finance their solar panel systems to make going solar more affordable.Though solar loans make adopting solar energy more accessible for Haughton homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar company you choose to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies in Haughton, and each can charge different amounts for labor and equipment.Additionally, some companies in Haughton know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $8,162 | 16.8 years |
| 8 kW | $3.88 | $21,706 | $11,309 | 16.4 years |
| 10 kW | $3.80 | $26,600 | $14,668 | 16.1 years |
| 12 kW | $3.72 | $31,282 | $18,240 | 15.8 years |
| 14 kW | $3.65 | $35,750 | $22,024 | 15.5 years |
| 16 kW | $3.57 | $40,006 | $26,022 | 15.1 years |
| 18 kW | $3.50 | $44,050 | $30,232 | 14.8 years |
| 20 kW | $3.42 | $47,880 | $34,656 | 14.5 years |
How to Save on Solar Panels
There are numerous companies to choose from in Haughton, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Companies that have been operating for many years 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 adequate aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- Warranty: If you’re worried about the longevity of your solar panel system, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
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 Haughton, LA Solar Cost FAQs
What is the average cost of installing solar panels in Haughton?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $19,000 for a 5-kW system and $38,000 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Haughton?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Is going solar worth it?
Solar panels can be a good investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.