Solar Panel Cost Guide in Schriever, LA (2024 Update)

  • Schriever Solar Installation Cost: $26,315
  • 25-Year Savings: $20,806
  • Payback Period: 17.0 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 Schriever

Let’s have a look at the average cost of solar panels in Schriever.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Schriever, the typical cost of a solar system is 4 per watt.To cover the typical energy needs of the average home in Schriever, most homeowners require a 9.9-kilowatt system. Using the per-watt figure above, a solar installation costs about $26,315, or $37,630 before the federal solar tax credit of 0 is applied.

These figures are just estimates, and how much solar costs for you will most likely look different based on your energy needs and what company you go with.Despite the high upfront cost, the average Schriever homeowner can save about $15,000 on their energy bills over 20 years, which is one of the positives of solar.

Click the button below to get connected to a vetted solar panel company in your area for a personalized quote.

Solar savings over time in Schriever

Year Return on Investment
1 years $-25,006
3 years $-22,387
5 years $-19,768
7 years $-17,150
9 years $-14,531
11 years $-11,913
13 years $-9,294
15 years $-6,676
17 years $-4,057
19 years $-1,439
21 years $1,180
23 years $3,798
25 years $6,417

Top Solar Installers in Schriever

Although you can install solar panels on your own, it requires extra time and expertise. For that reason, the majority of homeowners choose to go with a solar panel installer. Another benefit of utilizing a solar installer is that they can help you make the most of your investment by reducing your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.

There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

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 Schriever

Factors that Affect Solar Panel Costs in Schriever

Although the average cost of a solar system in Schriever is $26,315, your final cost may be above or below the average. There are several factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.

Solar Equipment

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, your total will most likely increase by around $3,800. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Schriever, where sunlight is abundant, efficiency can quickly pay off. Plus, 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

If paying for a solar system out of pocket is too expensive, solar loans are a solid route because they reduce your upfront costs and allow you to pay for your system over five to seven years on average.Though solar loans make switching to solar energy more accessible for Schriever homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

Lastly, the company you choose to install your solar system can influence the cost. Schriever’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Schriever 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 walking you through the whole process. 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 $6,814 17.7 years
8 kW $3.88 $21,706 $9,511 17.4 years
10 kW $3.80 $26,600 $12,421 17.0 years
12 kW $3.72 $31,282 $15,543 16.7 years
14 kW $3.65 $35,750 $18,879 16.4 years
16 kW $3.57 $40,006 $22,427 16.0 years
18 kW $3.50 $44,050 $26,188 15.7 years
20 kW $3.42 $47,880 $30,162 15.3 years

How to Save on Solar Panels

There are many companies to choose from in Schriever, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:

  • Installation Process: When making the switch to solar, it’s crucial to maintain an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the project completion timeline.
  • Contract: Even though reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
  • Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
  • Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years likely provide quality solar panel installation and expertise.

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 Schriever, LA Solar Cost FAQs

How much does it cost to install solar panels in Schriever?

This is a tough question to answer exactly, because the cost depends on a few different 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 be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.

Is cost the most important thing to keep in mind when buying solar panels?

The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.

How much can I save on electricity bills after installing solar panels?

Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $780.42 per year.

How long do solar panels last in Schriever?

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 how much energy they produce will have decreased significantly after that point. You can opt 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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