Solar Panel Cost Guide in Swartz, LA (2024 Update)
- Swartz Solar Installation Cost: $27,159
- 25-Year Savings: $22,096
- Payback Period: 16.8 Years
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Average Cost of Solar Panels in Swartz
We break down average solar pricing in Swartz.
Although the national average of solar panels is $2.66 per watt, solar panels in Swartz generally cost about 4.Using this figure, a typical 10.2-kW system would cost about $27,159 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of installing solar panels can vary quite a bit based on several factors, such as what size system you need, your energy usage and what solar installer you go with.But, after you've paid the initial cost of installation, the ROI for most homeowners is typically fruitful, with a net average savings of about $15,000 over 20 years on energy bills.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Swartz
Year | Return on Investment |
---|---|
1 years | $-25,849 |
3 years | $-23,231 |
5 years | $-20,612 |
7 years | $-17,994 |
9 years | $-15,375 |
11 years | $-12,757 |
13 years | $-10,138 |
15 years | $-7,520 |
17 years | $-4,901 |
19 years | $-2,283 |
21 years | $336 |
23 years | $2,954 |
25 years | $5,573 |
Top Solar Installers in Swartz
When making the switch to solar, many homeowners opt to use a solar company since overseeing your solar installation yourself can be a difficult project. Also, if you’d like to maximize your investment in solar, going with a solar company can help with that too. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives, rebates and net metering programs.
If you’d like to switch to solar energy but still aren’t sure which solar panel company to go with, here are our recommendations for providers in Swartz:
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 Swartz
Factors that Affect Solar Panel Costs in Swartz
For many Swartz homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Swartz, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,800. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your energy bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Swartz average.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a popular choice because they decrease your upfront costs and allow you to pay for your system over five to seven years on average.However, the interest on solar loans also adds to your overall costs, so it’s crucial to take that into consideration as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Swartz is the company you get to install your solar panel system. As with choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that provide a range of services at different costs.Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $7,180 | 17.5 years |
8 kW | $3.88 | $21,706 | $10,000 | 17.1 years |
10 kW | $3.80 | $26,600 | $13,031 | 16.8 years |
12 kW | $3.72 | $31,282 | $16,276 | 16.4 years |
14 kW | $3.65 | $35,750 | $19,734 | 16.1 years |
16 kW | $3.57 | $40,006 | $23,404 | 15.8 years |
18 kW | $3.50 | $44,050 | $27,287 | 15.4 years |
20 kW | $3.42 | $47,880 | $31,383 | 15.1 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: The kind of solar panel you need to install plays a role in which installer you should opt for, since different companies offer different panels.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- 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.
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 Swartz, LA Solar Cost FAQs
What is the average cost of installing solar panels in Swartz?
The average cost of solar panels in Swartz is about $19,000 for a 5-kW system and $38,000 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Swartz?
A solar panel system isn’t free in Swartz, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Does Swartz have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future utility bills.
How long do solar panels last in Swartz?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using 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.