Solar Panel Cost Guide in Shreveport, LA (Oct 2022)

  • Shreveport Solar Installation Cost: $18,368
  • 25-Year Savings: $26,664
  • Payback Period: 10.2 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Shreveport

Find out what the average cost of solar panel installation is in Shreveport.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Shreveport, the typical cost of solar panels is $3 per watt. Because a 10.2-kW system is needed to cover the energy consumption of a typical home in Shreveport, the average price of going solar will be about $18,368 before claiming the federal solar tax credit of 30%.

These figures are only estimates, and how much solar costs for you will most likely differ based on your specific situation and what company you choose to go with. Despite the high upfront cost, the average Shreveport homeowner can save about $17,000 on their electricity bills over 20 years, which is one of the benefits of solar.

Click the button below to get connected to a reputable solar company in Shreveport for a personalized quote.

Solar savings over time in Shreveport

Year Return on Investment
1 years $-16,567
3 years $-12,964
5 years $-9,361
7 years $-5,759
9 years $-2,156
11 years $1,446
13 years $5,049
15 years $8,651
17 years $12,254
19 years $15,857
21 years $19,459
23 years $23,062
25 years $26,664

Top Solar Installers in Shreveport

Installing solar panels by yourself can be a challenging undertaking, which is why getting a solar installer is a good option for many homeowners. Companies can also provide access to a large variety of the best solar panels and help you decide which one will be best for your home.

Working with a vetted solar installer 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

The Green Panel

★★★★★
4.5

  • 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

Best Warranty Coverage

Sunpro Solar

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

See all of the solar companies in Shreveport

Factors that Affect Solar Panel Costs in Shreveport

The cost of installing a solar system in Shreveport can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.

Solar Equipment Size

The size of the solar panel system you need to offset your energy usage is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,570. There are a lot of different solar panel brands and the one you choose also affects the cost. Generally, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you're looking to get can affect your total cost. If you just 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 Shreveport offer solar loans, which reduce your upfront costs of installing solar. However, the interest on solar loans also increases your all-in costs, so it's important to keep that in mind as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.

Solar Panel Installation Company

Lastly, the company you get to install your solar panels can influence your pricing. Shreveport's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and decide on the company that has the products, warranties and services you want and also fit into your budget.

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 $15,243 10.6 years
8 kW $2.62 $14,680 $20,612 10.4 years
10 kW $2.57 $17,990 $26,125 10.2 years
12 kW $2.52 $21,156 $31,782 10.0 years
14 kW $2.47 $24,179 $37,583 9.8 years
16 kW $2.42 $27,057 $43,528 9.6 years
18 kW $2.36 $29,791 $49,616 9.4 years
20 kW $2.31 $32,382 $55,849 9.2 years

Solar Incentives in Shreveport

Name Solar Energy System Exemption
Incentive Amount 100%
More Info Click here

Name Home Energy Loan Program (HELP)
Incentive Amount $6,000 from LA DNR
Website Visit here
More Info Click here

Name New Orleans City - Energy Smart Program
Incentive Amount
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

The solar panel company you choose will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:

  • Contract: Before you sign a contract with a solar company, make sure you read it through fully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
  • Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
  • Installation Process: When going solar, it's important to keep an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the project completion timeline.
  • Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.

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

The Green Panel

★★★★★
4.5

  • 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

Best Warranty Coverage

Sunpro Solar

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

EcoWatch's Shreveport, LA Solar Cost FAQs

What is the average cost of installing solar panels in Shreveport?

This is a tough question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $12,850 for a 5-kW system and $25,700 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.

What other factors should I consider apart from cost when buying solar panels?

Cost is a crucial factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.

Can solar panels eliminate my electricity bills?

It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Shreveport, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.

How many solar panels should I get to power my home?

The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.

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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