Solar Panel Cost Guide in Mandeville, LA (2023 Update)
- Mandeville Solar Installation Cost: $26,366
- 25-Year Savings: $29,247
- Payback Period: 14.0 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Mandeville
Let's have a look at the average cost of solar panels in Mandeville.
The national average cost of solar panels is $2.66 per watt, but in Mandeville it's 2.57 per watt.Because a 9.9-kW system is needed to cover the energy consumption of a typical home in Mandeville, the average price of going solar will be about $17,828 after claiming the federal solar tax credit of 30%.
These figures are just averages, and your own solar costs will most likely vary based on your energy needs and what company you choose to go with.Many homeowners find adopting solar power is a solid investment. The average homeowner in Mandeville can save about $18,000 on their power bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Mandeville for a quote for your home.
Solar savings over time in Mandeville
| Year | Return on Investment |
|---|---|
| 1 years | $-24,879 |
| 3 years | $-21,904 |
| 5 years | $-18,930 |
| 7 years | $-15,956 |
| 9 years | $-12,981 |
| 11 years | $-10,007 |
| 13 years | $-7,033 |
| 15 years | $-4,059 |
| 17 years | $-1,084 |
| 19 years | $1,890 |
| 21 years | $4,864 |
| 23 years | $7,839 |
| 25 years | $10,813 |
Top Solar Installers in Mandeville
Many homeowners opt for a solar panel installer since trying to install solar panels yourself can be time-consuming. A solar company can also help save you money over time by providing warranties, repairs and system component replacements.
If you're looking for a solar company in Mandeville, the EcoWatch team has compiled a list of our top suggestions here:
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 Mandeville
Factors that Affect Solar Panel Costs in Mandeville
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that determine your overall cost in Mandeville: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation require better technology and/or more equipment, both of which can increase 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 pick 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
Most solar companies in Mandeville provide solar loans, which reduce your upfront costs of installing solar.It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can impact the cost. Mandeville's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Mandeville know more about local solar incentives and can help you learn about 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 | $11,899 | 14.6 years |
| 8 kW | $3.88 | $21,706 | $16,291 | 14.3 years |
| 10 kW | $3.80 | $26,600 | $20,896 | 14.0 years |
| 12 kW | $3.72 | $31,282 | $25,714 | 13.7 years |
| 14 kW | $3.65 | $35,750 | $30,744 | 13.4 years |
| 16 kW | $3.57 | $40,006 | $35,987 | 13.2 years |
| 18 kW | $3.50 | $44,050 | $41,443 | 12.9 years |
| 20 kW | $3.42 | $47,880 | $47,112 | 12.6 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose significantly impacts your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: It's important to read through your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can verify your installer's reputation is by reading reviews.
- Installation Process: Make sure you're aligned with the company regarding how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Different companies will have various brands and models of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
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 Mandeville, LA Solar Cost FAQs
How much does it cost to install solar panels in Mandeville?
This is a tough question to answer precisely, because the cost depends on many factors. Generally 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 be more expensive if you want other 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 want a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to consider 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 goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Does Mandeville have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future electricity bills.
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 level 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.