Solar Panel Cost Guide in Shenandoah, LA (2024 Update)
- Shenandoah Solar Installation Cost: $26,541
- 25-Year Savings: $7,805
- Payback Period: 14.7 Years
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Average Cost of Solar Panels in Shenandoah
Find out what the average cost of solar panels are in Shenandoah.
In Shenandoah, solar panels cost about 4 per watt on average.The average solar panel system size in Shenandoah is around 10.0 kilowatts, meaning a cost of about $26,541 for a solar installation, or $37,954 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of going solar can vary depending on a few factors, such as what size system you need, your energy usage and what solar installer you go with.With typical savings of about $17,000 on utility bills over 20 years, many homeowners in Shenandoah find going solar can be quite rewarding.
Click the button below to get connected to a vetted solar company in your area for a personalized estimate.
Solar savings over time in Shenandoah
| Year | Return on Investment |
|---|---|
| 1 years | $-25,167 |
| 3 years | $-22,419 |
| 5 years | $-19,672 |
| 7 years | $-16,924 |
| 9 years | $-14,176 |
| 11 years | $-11,429 |
| 13 years | $-8,681 |
| 15 years | $-5,933 |
| 17 years | $-3,186 |
| 19 years | $-438 |
| 21 years | $2,310 |
| 23 years | $5,057 |
| 25 years | $7,805 |
Top Solar Installers in Shenandoah
Installing solar panels on your own can be a difficult project, which is why hiring a solar installer is a good option for many homeowners. Plus, warranties and repairs from your solar panel company can protect your investment and bring down the cost of maintenance over time.
If you’d like to go solar but still aren’t sure which solar installer to go with, here are our recommendations for providers near you:
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 Shenandoah
Factors that Affect Solar Panel Costs in Shenandoah
There are many factors that can play into your total 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
The size of the solar energy system you need for your household, 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 $3,800. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That’s why many Shenandoah homeowners decide to finance their solar panel systems to make going solar more affordable.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar installation company you select will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor.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 prices because of access to greater resources and better 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 companies.
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 | $10,574 | 15.3 years |
| 8 kW | $3.88 | $21,706 | $14,525 | 15.0 years |
| 10 kW | $3.80 | $26,600 | $18,688 | 14.7 years |
| 12 kW | $3.72 | $31,282 | $23,064 | 14.4 years |
| 14 kW | $3.65 | $35,750 | $27,653 | 14.1 years |
| 16 kW | $3.57 | $40,006 | $32,454 | 13.8 years |
| 18 kW | $3.50 | $44,050 | $37,469 | 13.5 years |
| 20 kW | $3.42 | $47,880 | $42,696 | 13.2 years |
How to Save on Solar Panels
The solar installer you choose 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 keep in mind, including:
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what needs to be done before your solar panel system is installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Different companies carry various brands and models of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
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 Shenandoah, LA Solar Cost FAQs
How much does it cost to install solar panels in Shenandoah?
The average cost of solar panels in Shenandoah is about $19,000 for a 5-kW system and $38,000 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is switching to solar power worth it?
Solar panels can be a fruitful investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires 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 house 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.