Solar Panel Cost Guide in Terrytown, LA (2025 Update)
- Terrytown Solar Installation Cost: $26,333
- 25-Year Savings: $26,940
- Payback Period: 14.7 Years
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Average Cost of Solar Panels in Terrytown
Let’s take a look at the average cost of solar panels in Terrytown.
In Terrytown, solar panels cost about 4 per watt on average.Using this figure, a typical 9.9-kW system would cost about $26,333 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 panel system could cost. The actual cost of going solar can vary depending on multiple factors, such as what size system you need, your energy consumption and what solar installer you go with.But, once you've paid the upfront cost of installation, the return on investment for most homeowners is typically good, with a net average savings of about $17,000 over 20 years on energy bills.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Terrytown
Year | Return on Investment |
---|---|
1 years | $-25,024 |
3 years | $-22,405 |
5 years | $-19,787 |
7 years | $-17,168 |
9 years | $-14,550 |
11 years | $-11,931 |
13 years | $-9,313 |
15 years | $-6,694 |
17 years | $-4,076 |
19 years | $-1,457 |
21 years | $1,161 |
23 years | $3,780 |
25 years | $6,399 |
Top Solar Installers in Terrytown
When making the switch to solar, many homeowners choose to hire a solar installation company since putting up a solar system yourself can be a challenging project. The payback period of solar panels will vary depending on factors like your location and energy use, but working with a solar company can shorten that period. Your provider will be able to help you apply for incentives available in your area.
If you're searching for a solar installer in Terrytown, we've compiled a list of our top suggestions here:
See all of the solar companies in Terrytown
Factors that Affect Solar Panel Costs in Terrytown
Though the average cost of a solar system in Terrytown is $26,333, your final cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.There are a lot of different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That’s why many Terrytown homeowners decide to finance their solar panel systems to offset upfront costs.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can affect how much it costs. Terrytown’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater resources and better 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 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 | $10,523 | 15.3 years |
8 kW | $3.88 | $21,706 | $14,456 | 15.0 years |
10 kW | $3.80 | $26,600 | $18,602 | 14.7 years |
12 kW | $3.72 | $31,282 | $22,961 | 14.4 years |
14 kW | $3.65 | $35,750 | $27,533 | 14.1 years |
16 kW | $3.57 | $40,006 | $32,317 | 13.8 years |
18 kW | $3.50 | $44,050 | $37,314 | 13.5 years |
20 kW | $3.42 | $47,880 | $42,524 | 13.2 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: The kind of solar panel you need to get plays a role in which installer you should opt for, since different companies provide different panels.
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it fully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
EcoWatch's Terrytown, LA Solar Cost FAQs
How much does it cost to install solar panels in Terrytown?
The average cost of solar panels in Terrytown 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 certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to think about when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Do solar panels increase your home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Terrytown is currently $214,902, which means you can look forward to a value of about $8,811 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Terrytown is a rewarding investment.
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 usually produce about 250 to 400 watt-hours per hour, the average home 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.