Solar Panel Cost Guide in Jennings, LA (2023 Update)
- Jennings Solar Installation Cost: $17,847
- 25-Year Savings: $25,852
- Payback Period: 10.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Jennings
We break down average solar pricing in Jennings.
In Jennings, solar panels cost about 2.57 per watt on average. The average Jennings homeowner needs a 9.9-kilowatt system, which would cost about $17,846 with the federal tax credit, or $25,520 before the 30% tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Jennings homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the initial cost of installation, the savings for most homeowners is quite good, with a net average savings of about $17,000 over 20 years on utility bills.
To get a free estimate from a pre-vetted solar installer in Jennings, you can click the button below.
Solar savings over time in Jennings
| Year | Return on Investment |
|---|---|
| 1 years | $-17,701 |
| 3 years | $-17,410 |
| 5 years | $-17,119 |
| 7 years | $-16,827 |
| 9 years | $-16,536 |
| 11 years | $-16,245 |
| 13 years | $-15,953 |
| 15 years | $-15,662 |
| 17 years | $-15,371 |
| 19 years | $-15,079 |
| 21 years | $-14,788 |
| 23 years | $-14,497 |
| 25 years | $-14,205 |
Top Solar Installers in Jennings
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Hiring a solar company can make your swap to solar power much easier. Companies can also have access to various kinds of the best solar panels and help you pick which one will be right for your family.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some near you:
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 Jennings
Factors that Affect Solar Panel Costs in Jennings
For many Jennings homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Jennings, with typical prices between $20,000 to $40,000. There are numerous factors that considerably 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. For that reason, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Jennings, 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
If paying for a solar system out of pocket is out of reach, solar loans are a solid route because they decrease your upfront costs and allow you to pay for your system over five to seven years on average. When considering your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can play a part in determining how much you pay. Jennings' solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Jennings 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 | $15,204 | 10.6 years |
| 8 kW | $2.62 | $14,680 | $20,559 | 10.4 years |
| 10 kW | $2.57 | $17,990 | $26,059 | 10.2 years |
| 12 kW | $2.52 | $21,156 | $31,703 | 10.0 years |
| 14 kW | $2.47 | $24,179 | $37,490 | 9.8 years |
| 16 kW | $2.42 | $27,057 | $43,422 | 9.6 years |
| 18 kW | $2.36 | $29,791 | $49,497 | 9.4 years |
| 20 kW | $2.31 | $32,382 | $55,716 | 9.2 years |
How to Save on Solar Panels
The solar installer you go with will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can verify your installer's reputation is by reading reviews.
- Solar Panel Brands: Different companies will carry different brands and kinds of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- Installation Process: Make sure you're aligned with the installer with 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: It's important to read your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
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 Jennings, LA Solar Cost FAQs
How much does it cost to install solar panels in Jennings?
The average cost of solar panels in Jennings 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Jennings?
You can't get solar panels for free in Jennings. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Jennings?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future energy bills.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.