Solar Panel Cost Guide in Larose, LA (2024 Update)
- Larose Solar Installation Cost: $26,276
- 25-Year Savings: $20,832
- Payback Period: 17.0 Years
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Average Cost of Solar Panels in Larose
Find out how much it might cost to go solar in Larose.
While the national average of solar panels is $2.66 per watt, solar panels in Larose generally cost about 4.The average Larose homeowner needs a 9.9-kilowatt system, which would cost about $26,276 with the federal tax credit, or $37,575 before the 0 tax credit is applied.
The true price you pay can go above or below the average in Larose based on a few factors, such as the type of solar panels you choose and the solar contractor you hire.Many homeowners find going solar is a sound investment. The average homeowner in Larose can save about $15,000 on their power bills over 20 years.
Click the button below to get connected to a highly rated solar installer in your area for a custom estimate.
Solar savings over time in Larose
| Year | Return on Investment |
|---|---|
| 1 years | $-24,967 |
| 3 years | $-22,348 |
| 5 years | $-19,730 |
| 7 years | $-17,111 |
| 9 years | $-14,493 |
| 11 years | $-11,874 |
| 13 years | $-9,256 |
| 15 years | $-6,637 |
| 17 years | $-4,019 |
| 19 years | $-1,400 |
| 21 years | $1,218 |
| 23 years | $3,837 |
| 25 years | $6,455 |
Top Solar Installers in Larose
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Using a solar panel installer can make swapping over to solar power much easier. Solar warranties and repairs are often included in the cost of installation when you hire a solar contractor as well, which can save you more money after your upfront investment.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Larose
Factors that Affect Solar Panel Costs in Larose
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that determine your overall cost in Larose: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly 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. Because of that, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your energy bills. In addition, add-on products, like solar batteries, can bring your total well above the Larose average.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are an affordable route because they lower your upfront costs and let you pay for your system over five to seven years on average.When figuring out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Larose is the company you get to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, you’ll have many options for solar installers that offer a range of services at different price points.Additionally, some companies in Larose are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $3.95 | $16,598 | $6,849 | 17.7 years |
| 8 kW | $3.88 | $21,706 | $9,557 | 17.4 years |
| 10 kW | $3.80 | $26,600 | $12,478 | 17.0 years |
| 12 kW | $3.72 | $31,282 | $15,612 | 16.7 years |
| 14 kW | $3.65 | $35,750 | $18,959 | 16.3 years |
| 16 kW | $3.57 | $40,006 | $22,519 | 16.0 years |
| 18 kW | $3.50 | $44,050 | $26,291 | 15.7 years |
| 20 kW | $3.42 | $47,880 | $30,276 | 15.3 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Read the contract terms closely to make sure you understand the overall cost, project timeline rebates and warranties.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: The kind of solar panel you’d like to get plays a role in which company you should opt for, since different companies have different panels.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Larose, LA Solar Cost FAQs
What is the average cost of installing solar panels in Larose?
This is a tough question to answer exactly, because the cost depends on a variety of 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 be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
The upfront cost is a very important 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 trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Do solar panels increase your property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Larose is currently $139,970, so you can expect a value of about $5,739 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Larose is a worthwhile investment.
How long do solar panels last in Larose?
Although 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 their energy production will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using 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.