Solar Panel Cost Guide in Patterson, LA (2024 Update)
- Patterson Solar Installation Cost: $26,578
- 25-Year Savings: $25,078
- Payback Period: 15.4 Years
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Average Cost of Solar Panels in Patterson
Let’s take a look at the average cost of solar panels in Patterson.
In Patterson, solar panels cost about 4 per watt on average.Since a 10.0-kW system is needed to cover the energy costs of a typical home in Patterson, the average price of going solar will be about $26,578 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy consumption, the type of solar panels you want, your solar contractor and more.Despite the large upfront cost, the average Patterson homeowner can save about $16,000 on their energy bills over 20 years, which is one of the positives of solar.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Patterson
| Year | Return on Investment |
|---|---|
| 1 years | $-25,000 |
| 3 years | $-21,845 |
| 5 years | $-18,690 |
| 7 years | $-15,534 |
| 9 years | $-12,379 |
| 11 years | $-9,224 |
| 13 years | $-6,069 |
| 15 years | $-2,913 |
| 17 years | $242 |
| 19 years | $3,397 |
| 21 years | $6,552 |
| 23 years | $9,708 |
| 25 years | $12,863 |
Top Solar Installers in Patterson
Many homeowners opt for a solar installation company since installing solar panels yourself can be challenging. Solar installers provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
You can work with a local solar installer to get a free quote on how much your investment in solar 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
See all of the solar companies in Patterson
Factors that Affect Solar Panel Costs in Patterson
Even though the average cost of a solar system in Patterson is $26,578, your actual cost may differ. There are quite a few factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
One of the most significant 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 energy your household uses, the larger your system will likely need to be. You can expect to spend about $3,800 per kilowatt in Patterson.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Patterson, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Patterson provide solar loans, which reduce the initial cost of installing solar.However, the interest on solar loans also increases your all-in costs, so it’s important to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar installation companies in Patterson, and each can charge different amounts for labor and equipment.Additionally, some companies in Patterson have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $9,255 | 16.1 years |
| 8 kW | $3.88 | $21,706 | $12,766 | 15.7 years |
| 10 kW | $3.80 | $26,600 | $16,489 | 15.4 years |
| 12 kW | $3.72 | $31,282 | $20,425 | 15.1 years |
| 14 kW | $3.65 | $35,750 | $24,574 | 14.8 years |
| 16 kW | $3.57 | $40,006 | $28,936 | 14.5 years |
| 18 kW | $3.50 | $44,050 | $33,510 | 14.2 years |
| 20 kW | $3.42 | $47,880 | $38,298 | 13.9 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Patterson, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Installation Process: When going solar, it’s important to keep an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the project completion timeline.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: The type of solar panel you need to get plays a role in which installer you should choose, since different companies offer different panels.
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 Patterson, LA Solar Cost FAQs
How much does it cost to install solar panels in Patterson?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $19,000 for a 5-kW system and $38,000 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Do solar panels increase the value of your home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Patterson is currently $140,044, which means you can look forward to a value of about $5,742 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Patterson is a fruitful investment.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.