Solar Panel Cost Guide in Jeanerette, LA (Mar 2023)
- Jeanerette Solar Installation Cost: $18,080
- 25-Year Savings: $24,973
- Payback Period: 10.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Jeanerette
Let's take a look at the average cost of solar in Jeanerette.
While the national average of solar panels is $2.66 per watt, solar panels in Jeanerette typically cost around 2.57. The average Jeanerette homeowner needs a 10.1-kilowatt system, which would cost about $18,080 with the federal tax credit, or $25,854 before the 30% tax credit is applied.
These figures are just estimates, and the cost of going solar for you may differ based on the amount of energy your home requires and what company you go with. But, once you've paid the initial cost of installation, the savings for most homeowners is quite fruitful, with a net average savings of about $16,000 over 20 years on power bills.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Jeanerette
| Year | Return on Investment |
|---|---|
| 1 years | $-16,358 |
| 3 years | $-12,914 |
| 5 years | $-9,469 |
| 7 years | $-6,025 |
| 9 years | $-2,581 |
| 11 years | $863 |
| 13 years | $4,308 |
| 15 years | $7,752 |
| 17 years | $11,196 |
| 19 years | $14,640 |
| 21 years | $18,085 |
| 23 years | $21,529 |
| 25 years | $24,973 |
Top Solar Installers in Jeanerette
Installing solar panels yourself can be a stressful undertaking, which is why hiring a solar installer is a good option for many homeowners. Companies can also provide access to a large variety of the best solar panels and help you pick which one will be right for your home.
There are various licensed solar professionals that can take care of your solar installation project. 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
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 Jeanerette
Factors that Affect Solar Panel Costs in Jeanerette
The cost of installing a solar system in Jeanerette can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend about $2,570 per kilowatt in Jeanerette. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Jeanerette, where sunlight is abundant, efficiency can quickly pay off. Also, 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
Most solar installers in Jeanerette provide solar loans, which reduce the initial cost of installing a solar system. Although solar loans make switching to solar energy more accessible for Jeanerette homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installation company you pick will influence your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor. Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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 | $14,470 | 10.9 years |
| 8 kW | $2.62 | $14,680 | $19,581 | 10.7 years |
| 10 kW | $2.57 | $17,990 | $24,836 | 10.5 years |
| 12 kW | $2.52 | $21,156 | $30,235 | 10.3 years |
| 14 kW | $2.47 | $24,179 | $35,778 | 10.1 years |
| 16 kW | $2.42 | $27,057 | $41,464 | 9.9 years |
| 18 kW | $2.36 | $29,791 | $47,295 | 9.7 years |
| 20 kW | $2.31 | $32,382 | $53,270 | 9.5 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose significantly influences your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: If you care about the endurance of your solar panels, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: The kind of solar panel you want to get plays a role in which installer you should choose, since different companies have different panels.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Contract: It's important to read through your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect 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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Jeanerette, LA Solar Cost FAQs
What is the average cost of installing solar panels in Jeanerette?
The average cost of solar panels in Jeanerette is about $12,850 for a 5-kW system and $25,700 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Jeanerette?
Leasing solar panels can be an attractive choice, as it often comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
How will installing solar panels impact the value of my home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Jeanerette is currently $86,300, so you can look forward to a value of about $3,538 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Jeanerette is a fruitful investment.
How many solar panels should I get to power my home?
To figure out how many solar panels 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 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.