Solar Panel Cost Guide in Larose, LA (Mar 2023)
- Larose Solar Installation Cost: $17,774
- 25-Year Savings: $20,829
- Payback Period: 11.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Larose
We go over average solar pricing in Larose.
The national average cost of solar panels is $2.66 per watt, but in Larose it's 2.57 per watt. The average solar panel system size in Larose is around 9.9 kilowatts, meaning a cost of about $17,774 for a solar installation, or $25,417 before the 30% federal solar tax credit is applied.
These figures are only estimates, and your own solar costs will most likely vary based on the amount of energy your home requires and what company you choose to go with. Many homeowners find installing a solar panel system is a sound investment. The average homeowner in Larose can save around $15,000 on their energy bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Larose that can help you get a more accurate cost estimate for your home.
Solar savings over time in Larose
| Year | Return on Investment |
|---|---|
| 1 years | $-16,230 |
| 3 years | $-13,142 |
| 5 years | $-10,054 |
| 7 years | $-6,965 |
| 9 years | $-3,877 |
| 11 years | $-789 |
| 13 years | $2,299 |
| 15 years | $5,388 |
| 17 years | $8,476 |
| 19 years | $11,564 |
| 21 years | $14,652 |
| 23 years | $17,740 |
| 25 years | $20,829 |
Top Solar Installers in Larose
Although it's possible to install solar panels on your own, it requires extra labor and know-how. That's why almost all homeowners choose to hire a solar panel installer. A solar company can also help save you money in the long run by providing warranties, repairs and system component replacements.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
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 Larose
Factors that Affect Solar Panel Costs in Larose
For many Larose homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Larose, 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
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,570. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a solid option because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also increases your all-in costs, so it's vital to keep that in mind as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you choose to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar panel companies operating in Larose, and each can charge different amounts for labor and equipment. You may notice national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $12,221 | 12.0 years |
| 8 kW | $2.62 | $14,680 | $16,583 | 11.7 years |
| 10 kW | $2.57 | $17,990 | $21,088 | 11.5 years |
| 12 kW | $2.52 | $21,156 | $25,738 | 11.3 years |
| 14 kW | $2.47 | $24,179 | $30,531 | 11.0 years |
| 16 kW | $2.42 | $27,057 | $35,468 | 10.8 years |
| 18 kW | $2.36 | $29,791 | $40,549 | 10.6 years |
| 20 kW | $2.31 | $32,382 | $45,774 | 10.4 years |
How to Save on Solar Panels
The solar installer you choose will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Contract: When looking over your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you go with.
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
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 Larose, LA Solar Cost FAQs
How much does it cost to install solar panels in Larose?
This is a difficult question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $12,850 for a 5-kW system and $25,700 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Larose?
Leasing solar panels can be an attractive 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 incentives and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
Is it worth going solar in Larose?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
What solar power system size is right for 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 take a 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 buy between 20 and 35 panels to cover 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.