Solar Panel Cost Guide in Kaplan, LA (2025 Update)
- Kaplan Solar Installation Cost: $26,314
- 25-Year Savings: $25,902
- Payback Period: 15.1 Years
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Average Cost of Solar Panels in Kaplan
We go over average solar pricing in Kaplan.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Kaplan, the typical cost of solar panels is 4 per watt.Since a 9.9-kW system is needed to cover the energy usage of a typical home in Kaplan, the average price of going solar will be about $26,314 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy use, the type of solar system you choose, your solar contractor and more.But, after you've paid the initial cost of installation, the payback for most homeowners is quite fruitful, with a net average savings of about $17,000 over 20 years on utility bills.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Kaplan
Year | Return on Investment |
---|---|
1 years | $-24,835 |
3 years | $-21,877 |
5 years | $-18,919 |
7 years | $-15,961 |
9 years | $-13,002 |
11 years | $-10,044 |
13 years | $-7,086 |
15 years | $-4,128 |
17 years | $-1,169 |
19 years | $1,789 |
21 years | $4,747 |
23 years | $7,705 |
25 years | $10,664 |
Top Solar Installers in Kaplan
Many homeowners opt for a solar panel company since trying to install solar panels by yourself can be a labor-intensive endeavor. Another upside of using a solar company is that they can help you maximize your investment by cutting back on future costs of repairs and replacements because of warranties and helping you learn about local incentives you can take advantage of.
Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:
See all of the solar companies in Kaplan
Factors that Affect Solar Panel Costs in Kaplan
There are many factors that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,800.There are many different solar panel brands and the one you choose also changes the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Kaplan offer solar loans, which reduce the initial cost of installing a solar system.When estimating 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 lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Kaplan is the company you get to install your solar system. As with choosing a company to install new cabinets, for example, there are plenty of solar installers that provide a range of services at different price points.Larger national companies usually have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle 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 | $3.95 | $16,598 | $9,905 | 15.7 years |
8 kW | $3.88 | $21,706 | $13,633 | 15.4 years |
10 kW | $3.80 | $26,600 | $17,573 | 15.1 years |
12 kW | $3.72 | $31,282 | $21,726 | 14.8 years |
14 kW | $3.65 | $35,750 | $26,092 | 14.5 years |
16 kW | $3.57 | $40,006 | $30,670 | 14.2 years |
18 kW | $3.50 | $44,050 | $35,462 | 13.9 years |
20 kW | $3.42 | $47,880 | $40,466 | 13.5 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The kind of solar panel you need plays a role in which company you should choose, since different companies have access to different panels.
- Contract: Though reading through a contract can be tedious, it’s important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
EcoWatch's Kaplan, LA Solar Cost FAQs
What is the average cost of installing solar panels in Kaplan?
This is a tough question to answer exactly, because the cost depends on many 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 higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
What other factors should I consider aside from cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How much can I save on power bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Kaplan, that will require at least a 10-kW system. Not all homes will have the roof space for 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 many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.