Solar Panel Cost Guide in New Roads, LA (2024 Update)

  • New Roads Solar Installation Cost: $26,803
  • 25-Year Savings: $27,672
  • Payback Period: 14.6 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in New Roads

Find out what the average cost of a solar system is in New Roads.

The average cost of a solar system in New Roads is 4 per watt.To cover the typical energy needs of the average home in New Roads, most homeowners require a 10.1-kilowatt system. Using the per-watt figure above, a solar installation costs about $26,803, or $38,328 before the federal solar tax credit of 0 is applied.

These figures are only averages, and how much solar costs for you will differ based on your energy needs and what company you choose to go with.With average savings of about $17,000 on energy bills over 20 years, many homeowners in New Roads find installing solar panels can be quite rewarding.

For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in New Roads

Year Return on Investment
1 years $-25,429
3 years $-22,682
5 years $-19,934
7 years $-17,186
9 years $-14,439
11 years $-11,691
13 years $-8,943
15 years $-6,196
17 years $-3,448
19 years $-700
21 years $2,047
23 years $4,795
25 years $7,543

Top Solar Installers in New Roads

When going solar, many homeowners decide to use a solar company since DIY solar panel installation can be a challenging project. Companies can also provide access to a large variety of the best solar panels and help you choose which one will be best for your home.

Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
3.2

  • 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 New Roads

Factors that Affect Solar Panel Costs in New Roads

There are a number of factors that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.

Solar Equipment

One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend about $3,800 per kilowatt in New Roads.There are many 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. Plus, the type of equipment you choose 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 a solar system out of pocket is out of reach, solar loans are a solid option because they lower your upfront costs and allow you to pay for your system over five to seven years on average.While solar loans make going solar more accessible for New Roads homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

Lastly, the company you hire to install your solar system can play a part in determining the cost. New Roads’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.

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 $10,673 15.2 years
8 kW $3.88 $21,706 $14,656 14.9 years
10 kW $3.80 $26,600 $18,852 14.6 years
12 kW $3.72 $31,282 $23,261 14.3 years
14 kW $3.65 $35,750 $27,883 14.0 years
16 kW $3.57 $40,006 $32,718 13.8 years
18 kW $3.50 $44,050 $37,765 13.5 years
20 kW $3.42 $47,880 $43,025 13.2 years

How to Save on Solar Panels

The solar panel company you go with will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, such as:

  • Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
  • Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the project completion timeline.
  • Contract: It’s important to read through your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
  • Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
3.2

  • 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 New Roads, LA Solar Cost FAQs

How much does it cost to install solar panels in New Roads?

The average cost of solar panels in New Roads is about $19,000 for a 5-kW system and $38,000 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.

Are solar panels free in New Roads?

You can’t get solar panels for free in New Roads. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.

Does New Roads have a net metering program?

Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future electricity bills.

How long do solar panels last in New Roads?

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 the amount of energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can continue to use 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.

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