Solar Panel Cost Guide in Jeanerette, LA (2024 Update)
- Jeanerette Solar Installation Cost: $26,741
- 25-Year Savings: $24,968
- Payback Period: 15.5 Years
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Average Cost of Solar Panels in Jeanerette
Find out how much it might cost to make the switch to solar in Jeanerette.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Jeanerette, the typical cost of solar panels is 4 per watt.Using this figure, a typical 10.1-kW system would cost about $26,741 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Jeanerette homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.With average savings of about $16,000 on electricity bills over 20 years, many homeowners in Jeanerette find going solar has a decent ROI.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Jeanerette
Year | Return on Investment |
---|---|
1 years | $-25,163 |
3 years | $-22,008 |
5 years | $-18,853 |
7 years | $-15,698 |
9 years | $-12,542 |
11 years | $-9,387 |
13 years | $-6,232 |
15 years | $-3,077 |
17 years | $79 |
19 years | $3,234 |
21 years | $6,389 |
23 years | $9,544 |
25 years | $12,700 |
Top Solar Installers in Jeanerette
Trying to install solar panels on your own can be a time-consuming task, which is why getting a solar installer is a good option for many homeowners. The payback period of solar panels will vary depending on factors like your roof configuration and energy consumption, but working with a solar installer can shorten it. Your provider will be able to help you identify incentives available in your area.
If you're looking for a solar company in Jeanerette, the EcoWatch team has compiled a list of our top suggestions here:
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 Jeanerette
Factors that Affect Solar Panel Costs in Jeanerette
There are several factors that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,800. There are several different solar panel brands and the one you pick also changes the cost. Generally, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be much 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 Jeanerette to be too expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to a higher cost over time due to interest.However, the interest on solar loans also increases your all-in costs, so it’s vital to include that in your estimate as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installation company you choose will affect your total cost to go solar. Different companies will bill different amounts for the equipment and labor.The size of the company can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because of more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount 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 | $9,097 | 16.1 years |
8 kW | $3.88 | $21,706 | $12,555 | 15.8 years |
10 kW | $3.80 | $26,600 | $16,226 | 15.5 years |
12 kW | $3.72 | $31,282 | $20,109 | 15.2 years |
14 kW | $3.65 | $35,750 | $24,206 | 14.9 years |
16 kW | $3.57 | $40,006 | $28,515 | 14.6 years |
18 kW | $3.50 | $44,050 | $33,037 | 14.3 years |
20 kW | $3.42 | $47,880 | $37,772 | 14.0 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies will have different brands and models of panels. If you know you want a specific brand, make sure the solar company you’re considering has it.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases offer good-quality solar panel installation and expertise.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
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 Jeanerette, LA Solar Cost FAQs
What is the average cost of installing solar panels in Jeanerette?
This is a difficult question to answer exactly, because the cost depends on a variety of 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 higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Jeanerette?
Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of 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 savings from going solar.
Can you sell solar power back to the grid in Jeanerette?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future power bills.
What solar power system size is right for my home?
To figure out how many solar panels 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 household 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.