Solar Panel Cost Guide in Mamou, LA (2023 Update)
- Mamou Solar Installation Cost: $17,876
- 25-Year Savings: $28,635
- Payback Period: 9.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Mamou
Find out what the average cost of installing solar panels is in Mamou.
In Mamou, solar panels cost about 2.57 per watt on average. Since a 9.9-kW system is needed to cover the energy consumption of a typical home in Mamou, the average price of going solar will be about $17,882 after claiming the federal solar tax credit of 30%.
These figures are just estimates, and your own solar costs will vary based on your specific situation and what company you go with. For many homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $18,000 in savings on energy bills over 20 years.
Click the button below to get connected to a top solar company in your area for a customized quote.
Solar savings over time in Mamou
| Year | Return on Investment |
|---|---|
| 1 years | $-16,299 |
| 3 years | $-13,143 |
| 5 years | $-9,988 |
| 7 years | $-6,833 |
| 9 years | $-3,678 |
| 11 years | $-522 |
| 13 years | $2,633 |
| 15 years | $5,788 |
| 17 years | $8,943 |
| 19 years | $12,099 |
| 21 years | $15,254 |
| 23 years | $18,409 |
| 25 years | $21,564 |
Top Solar Installers in Mamou
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Hiring a solar panel installer can make your switch to solar power much easier. A solar installer can also help save you money over time by offering warranties, repairs and part replacements.
If you'd like to start using solar energy but still aren't sure which solar system company to go with, here are our suggestions for providers in Mamou:
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 Mamou
Factors that Affect Solar Panel Costs in Mamou
For many Mamou homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Mamou, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater 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 $2,570. There are several different solar panel brands and the one you choose also changes the cost. Generally, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are an affordable option because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Mamou is the company you get to install your PV system. As with choosing a company to renovate your kitchen, for example, you'll have many options for solar installers that offer a range of services for different budgets. Additionally, some companies in Mamou have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 | $2.67 | $11,226 | $16,858 | 10.0 years |
| 8 kW | $2.62 | $14,680 | $22,765 | 9.8 years |
| 10 kW | $2.57 | $17,990 | $28,817 | 9.6 years |
| 12 kW | $2.52 | $21,156 | $35,012 | 9.4 years |
| 14 kW | $2.47 | $24,179 | $41,351 | 9.2 years |
| 16 kW | $2.42 | $27,057 | $47,833 | 9.0 years |
| 18 kW | $2.36 | $29,791 | $54,460 | 8.8 years |
| 20 kW | $2.31 | $32,382 | $61,231 | 8.6 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: Review the contract terms carefully to make sure you understand how much it will cost, project timeline incentives and warranties.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should acquire and how long the project will take.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of options before making your decision.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system 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
EcoWatch's Mamou, LA Solar Cost FAQs
How much does it cost to install solar panels in Mamou?
The average cost of solar panels in Mamou is about $12,850 for a 5-kW system and $25,700 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Mamou?
A solar panel system isn't free in Mamou, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Does Mamou have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.