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

  • Shreveport Solar Installation Cost: $19,417
  • 25-Year Savings: $25,615
  • Payback Period: 10.8 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 7/19/2022

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Average Cost of Solar Panels in Shreveport

We break down average solar pricing in Shreveport.

The average cost of solar panels in Shreveport is $3 per watt. The average Shreveport homeowner needs a 10.2-kilowatt system, which would cost about $19,417, or $14,369 after the federal solar tax credit is applied.

These figures are just estimates, and how much solar costs for you may differ based on your energy needs and what company you choose to go with. But, once you've paid the upfront cost of installation, the payback for most homeowners is usually rewarding, with a net average savings of about $17,000 over 20 years on utility bills.

You can click the button below to get connected with a top solar company in Shreveport for a quote for your home.

Solar savings over time in Shreveport

Year Return on Investment
1 years $-17,616
3 years $-14,014
5 years $-10,411
7 years $-6,808
9 years $-3,206
11 years $397
13 years $3,999
15 years $7,602
17 years $11,204
19 years $14,807
21 years $18,410
23 years $22,012
25 years $25,615

Top Solar Installers in Shreveport

Many homeowners opt for a solar panel company since trying to put up solar panels on your own can be time-consuming. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.

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

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

For many Shreveport homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Shreveport, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you'll pay, which we'll go over below.

Solar Equipment Size

The size of the solar panel system you need for your household is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,570. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Shreveport, 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 more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

If paying for solar panels in cash is difficult, solar loans are an affordable choice because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. You'll have to consider the long-term cost of loans, including the amount of 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 principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs remarkably.

Solar Panel Installation Company

The remaining major cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in Shreveport, you'll have many options to choose from, but each comes at various price points for labor and equipment. The company's size can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.

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 $11,867 $14,602 11.2 years
8 kW $2.62 $15,519 $19,774 11.0 years
10 kW $2.57 $19,018 $25,097 10.8 years
12 kW $2.52 $22,365 $30,573 10.6 years
14 kW $2.47 $25,560 $36,201 10.3 years
16 kW $2.42 $28,603 $41,982 10.1 years
18 kW $2.36 $31,494 $47,914 9.9 years
20 kW $2.31 $34,232 $53,998 9.7 years

Solar Incentives in Shreveport

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Home Energy Loan Program (HELP)
Website Visit here
More Info Click here

Name Solar Energy System Exemption
Incentive Amount 100%
Incentive Max None
More Info Click here

How to Save on Solar Panels

Since the type of solar panels and the company you choose considerably influence your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running smoothly and save you money on part replacement and repairs.
  • Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
  • Contract: Before signing a contract with a solar installer, make sure you look it over completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
  • Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.

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

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

This is a hard question to answer precisely, because the cost depends on a few different 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 other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.

Can you get solar panels for free in Shreveport?

You can't get solar panels for free in Shreveport. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.

Is switching to solar power worth it?

Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.

What solar power system size is right for my home?

To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.

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