Solar Panel Cost Guide in Pineville, LA (Jan 2023)
- Pineville Solar Installation Cost: $18,188
- 25-Year Savings: $33,766
- Payback Period: 8.7 Years
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Top Solar Installers in Pineville
When going solar, many homeowners opt to hire a solar installation company since putting up a solar system yourself 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 right for your home.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some near you:
See all of the solar companies in Pineville
Factors that Affect Solar Panel Costs in Pineville
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that determine your overall cost in Pineville: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,570. There are a lot of different solar panel brands and the one you pick also changes the cost. In many cases, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Pineville have solar loans, which reduce the initial cost of installing solar. However, the interest on solar loans also adds to your total costs, so it's crucial to take that into consideration 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
Lastly, the company you hire to install your solar system can play a part in determining the cost. Pineville's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Pineville know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, 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||$2.67||$11,226||$19,620||9.1 years|
|8 kW||$2.62||$14,680||$26,448||8.9 years|
|10 kW||$2.57||$17,990||$33,420||8.7 years|
|12 kW||$2.52||$21,156||$40,536||8.6 years|
|14 kW||$2.47||$24,179||$47,796||8.4 years|
|16 kW||$2.42||$27,057||$55,199||8.2 years|
|18 kW||$2.36||$29,791||$62,747||8.0 years|
|20 kW||$2.31||$32,382||$70,438||7.9 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 decide on the right company for you, here are some tips to keep in mind:
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you hire.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years in most cases offer quality solar panel installation and expertise.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
EcoWatch's Pineville, LA Solar Cost FAQs
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.