Solar Panel Cost Guide in Tallulah, LA (2024 Update)
- Tallulah Solar Installation Cost: $27,094
- 25-Year Savings: $21,595
- Payback Period: 17.0 Years
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Average Cost of Solar Panels in Tallulah
We break down average solar pricing in Tallulah.
While the national average of solar panels is $2.66 per watt, solar panels in Tallulah typically cost around 4.Because a 10.2-kW system is needed to cover the energy needs of a typical home in Tallulah, the average price of going solar will be about $27,094 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average energy use of Tallulah homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Even with the large upfront cost, the average Tallulah homeowner can save about $15,000 on their energy bills over 20 years, which is one of the perks of solar.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Tallulah
| Year | Return on Investment |
|---|---|
| 1 years | $-25,785 |
| 3 years | $-23,166 |
| 5 years | $-20,548 |
| 7 years | $-17,929 |
| 9 years | $-15,311 |
| 11 years | $-12,692 |
| 13 years | $-10,074 |
| 15 years | $-7,455 |
| 17 years | $-4,836 |
| 19 years | $-2,218 |
| 21 years | $401 |
| 23 years | $3,019 |
| 25 years | $5,638 |
Top Solar Installers in Tallulah
Many homeowners decide to use a solar installer since trying to install solar panels yourself can be hard. Another great thing about choosing a top solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
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 Tallulah
Factors that Affect Solar Panel Costs in Tallulah
For many Tallulah homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Tallulah, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar system in Tallulah, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can gauge by looking at past energy bills. Your total cost can increase by around $3,800 for each additional kilowatt you need.The type of solar panels and equipment you want is another factor that will considerably influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a solid choice because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years.Even though solar loans make switching to solar energy more accessible for Tallulah homeowners, they can also increase the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Tallulah is the company you hire to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that provide a range of services at different price points.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that provides the products, warranties and services you want and also is within 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 | $3.95 | $16,598 | $6,916 | 17.6 years |
| 8 kW | $3.88 | $21,706 | $9,647 | 17.3 years |
| 10 kW | $3.80 | $26,600 | $12,591 | 17.0 years |
| 12 kW | $3.72 | $31,282 | $15,747 | 16.6 years |
| 14 kW | $3.65 | $35,750 | $19,116 | 16.3 years |
| 16 kW | $3.57 | $40,006 | $22,699 | 16.0 years |
| 18 kW | $3.50 | $44,050 | $26,493 | 15.6 years |
| 20 kW | $3.42 | $47,880 | $30,501 | 15.3 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The kind of solar panel you’d like to get plays a role in which installer you should go with, since different companies have access to different panels.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it will take.
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 Tallulah, LA Solar Cost FAQs
How much does it cost to install solar panels in Tallulah?
This is a tough question to answer exactly, because the cost depends on a variety of 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 additional solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Are solar panels free in Tallulah?
You can’t get solar panels for free in Tallulah. 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 want to own your solar panels, you can finance them with a solar loan.
How will having solar panels impact my property value?
Solar panels can increase your property’s value significantly as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How many solar panels should I get to power my home?
To figure out how many solar panels 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 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.