Solar Panel Cost Guide in Marrero, LA (Mar 2023)
- Marrero Solar Installation Cost: $17,810
- 25-Year Savings: $25,555
- Payback Period: 10.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Marrero
We go over average solar pricing in Marrero.
Although the national average of solar panels is $2.66 per watt, solar panels in Marrero typically cost around 2.57. Because a 9.9-kW system is needed to cover the energy needs of a typical home in Marrero, the average price of going solar will be about $17,810 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The true cost of installing solar panels can vary depending on multiple factors, such as what size system you need, your energy usage and what installation company you go with. For most homeowners, the upfront investment in solar is worth paying. On average Marrero homeowners see about $17,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Marrero for a quote for your home.
Solar savings over time in Marrero
Year | Return on Investment |
---|---|
1 years | $-16,075 |
3 years | $-12,606 |
5 years | $-9,137 |
7 years | $-5,668 |
9 years | $-2,199 |
11 years | $1,271 |
13 years | $4,740 |
15 years | $8,209 |
17 years | $11,678 |
19 years | $15,147 |
21 years | $18,617 |
23 years | $22,086 |
25 years | $25,555 |
Top Solar Installers in Marrero
When going solar, many homeowners choose to use a solar company since handling can be a challenging project. Plus, if you're unsure what kind of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Marrero
Factors that Affect Solar Panel Costs in Marrero
There are several criteria that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the cost of a solar system in Marrero, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can figure out by looking at past power bills. Your total cost can increase by about $2,570 for each additional kilowatt you need. The 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, more efficient panels could save you more in the long run on your electric bills. In addition, extra products, like solar batteries, can bump up your total well above the Marrero average.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a popular option because they reduce your upfront costs and allow you to pay for your system over five to seven years on average. However, the interest on solar loans also adds to your total costs, so it's important to consider that as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you go with to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies in Marrero, and each can charge varying amounts for labor and equipment. Additionally, some companies in Marrero know more 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 | $15,057 | 10.7 years |
8 kW | $2.62 | $14,680 | $20,364 | 10.5 years |
10 kW | $2.57 | $17,990 | $25,814 | 10.3 years |
12 kW | $2.52 | $21,156 | $31,409 | 10.1 years |
14 kW | $2.47 | $24,179 | $37,148 | 9.9 years |
16 kW | $2.42 | $27,057 | $43,030 | 9.7 years |
18 kW | $2.36 | $29,791 | $49,056 | 9.4 years |
20 kW | $2.31 | $32,382 | $55,227 | 9.2 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Warranty: A comprehensive, long-term warranty can help keep your solar system running for a long time and save you money on part replacement and repairs.
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
- Solar Panel Brands: The type of solar panel you want to get plays a part in which installer you should opt for, since different companies offer different panels.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should secure and how long the project will take.
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 Marrero, LA Solar Cost FAQs
What is the average cost of installing solar panels in Marrero?
This is a hard question to answer precisely, because the cost depends on a few different 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. You can expect to pay more if you want additional solar equipment or higher quality 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.
Can you get solar panels for free in Marrero?
A solar panel system isn't free in Marrero, 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 can further reduce the cost.
Is it worth going solar in Marrero?
Solar panels can be a good investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
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 decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.