Solar Panel Cost Guide in Haughton, LA (2023 Update)
- Haughton Solar Installation Cost: $18,394
- 25-Year Savings: $23,800
- Payback Period: 10.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Haughton
Find out what the average cost of solar panels are in Haughton.
While the national average of solar panels is $2.66 per watt, solar panels in Haughton generally cost about 2.57. To cover the typical energy usage of the average home in Haughton, most homeowners require a 10.2-kilowatt system. Using the figure above, a solar installation costs around $18,386, or $26,292 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of installing solar panels can vary based on multiple factors, such as what size system you need, your energy usage and what solar installer you go with. For many homeowners, the upfront cost of solar is worth paying. On average Haughton homeowners see about $16,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a top solar panel company in your area for a customized quote.
Solar savings over time in Haughton
| Year | Return on Investment |
|---|---|
| 1 years | $-18,253 |
| 3 years | $-17,972 |
| 5 years | $-17,690 |
| 7 years | $-17,409 |
| 9 years | $-17,128 |
| 11 years | $-16,847 |
| 13 years | $-16,565 |
| 15 years | $-16,284 |
| 17 years | $-16,003 |
| 19 years | $-15,721 |
| 21 years | $-15,440 |
| 23 years | $-15,159 |
| 25 years | $-14,877 |
Top Solar Installers in Haughton
When switching to solar energy, many homeowners choose to go with a solar installation company since putting up a solar system yourself can be a time-consuming project. Companies can also provide access to various kinds of the best solar panels and help you choose which one will be best for you.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some nearby:
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
For many Haughton homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Haughton, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That's why it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your power bills. Additionally, extra products, like solar batteries, can bring your total well above the Haughton average.
Solar Financing Terms
Most solar companies in Haughton offer solar loans, which reduce the initial cost of installing solar panels. Although solar loans make going solar more accessible for Haughton homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. 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 go with to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies operating in Haughton, and each can charge different amounts for labor and equipment. Additionally, some companies in Haughton have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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 | $2.67 | $11,226 | $13,535 | 11.3 years |
| 8 kW | $2.62 | $14,680 | $18,334 | 11.1 years |
| 10 kW | $2.57 | $17,990 | $23,278 | 10.9 years |
| 12 kW | $2.52 | $21,156 | $28,365 | 10.7 years |
| 14 kW | $2.47 | $24,179 | $33,596 | 10.5 years |
| 16 kW | $2.42 | $27,057 | $38,971 | 10.2 years |
| 18 kW | $2.36 | $29,791 | $44,491 | 10.0 years |
| 20 kW | $2.31 | $32,382 | $50,154 | 9.8 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Haughton, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Well-established companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a good company.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations 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 be sure to take a look at their list of options before deciding.
- Contract: It's important to read your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the project 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
How much does it cost to install solar panels in Haughton?
The average cost of solar panels in Haughton 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Haughton?
Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home 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 bang for your buck from going solar.
Can solar panels eliminate my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Haughton, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Haughton?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.