Solar Panel Cost Guide in Lacombe, LA (2025 Update)
- Lacombe Solar Installation Cost: $26,349
- 25-Year Savings: $29,258
- Payback Period: 14.0 Years
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Average Cost of Solar Panels in Lacombe
See how much it might cost to install solar panels in Lacombe.
The average cost of solar panels in Lacombe is 4 per watt.Since a 9.9-kW system is needed to cover the energy usage of a typical home in Lacombe, the average price of going solar will be about $26,349 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of solar system you choose, your solar contractor and more.For many homeowners, the upfront investment in solar power is worth paying. On average Lacombe homeowners see about $18,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a vetted solar installer in Lacombe for a customized estimate.
Solar savings over time in Lacombe
Year | Return on Investment |
---|---|
1 years | $-24,772 |
3 years | $-21,617 |
5 years | $-18,461 |
7 years | $-15,306 |
9 years | $-12,151 |
11 years | $-8,996 |
13 years | $-5,840 |
15 years | $-2,685 |
17 years | $470 |
19 years | $3,625 |
21 years | $6,781 |
23 years | $9,936 |
25 years | $13,091 |
Top Solar Installers in Lacombe
Although you can install solar panels on your own, it involves extra time and handiness. For that reason, the majority of homeowners choose a solar panel installer. Plus, if you’d like to maximize your investment in solar energy, opting for a solar company can help with that as well. Different providers can offer warranties, expertise on solar panel installation and sometimes even information on local incentives.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
See all of the solar companies in Lacombe
Factors that Affect Solar Panel Costs in Lacombe
For many Lacombe homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Lacombe, 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
One of the most significant 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 pay around $3,800 per kilowatt in Lacombe.The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Lacombe offer solar loans, which reduce your upfront costs of installing solar panels.Though solar loans make going solar more accessible for Lacombe homeowners, they can also add to 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 avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you hire to install your solar panel system can affect the cost. Lacombe’s solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $11,917 | 14.6 years |
8 kW | $3.88 | $21,706 | $16,315 | 14.3 years |
10 kW | $3.80 | $26,600 | $20,926 | 14.0 years |
12 kW | $3.72 | $31,282 | $25,749 | 13.7 years |
14 kW | $3.65 | $35,750 | $30,785 | 13.4 years |
16 kW | $3.57 | $40,006 | $36,034 | 13.2 years |
18 kW | $3.50 | $44,050 | $41,496 | 12.9 years |
20 kW | $3.42 | $47,880 | $47,171 | 12.6 years |
How to Save on Solar Panels
There are a lot of companies available in Lacombe, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Contract: Before you sign a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: If you’re concerned about the endurance of your solar system, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what needs to be done before your solar system is installed, such as repairing your electrical system or roof.
EcoWatch's Lacombe, LA Solar Cost FAQs
How much does it cost to install solar panels in Lacombe?
This is a tough question to answer exactly, because the cost depends on a few different 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. It will cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Lacombe?
Leasing solar panels can be an appealing choice, because it typically 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 option if you want to get the most savings.
Do solar panels increase how much your home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Lacombe is currently $215,598, so you can expect a value of about $8,840 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Lacombe is a rewarding investment.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt 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.