Solar Panel Cost Guide in Terrytown, LA (2024 Update)

  • Terrytown Solar Installation Cost: $26,333
  • 25-Year Savings: $26,940
  • Payback Period: 14.7 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Terrytown

Let’s take a look at the average cost of solar panels in Terrytown.

The national average cost of solar panels is $2.66 per watt, but in Terrytown it’s 4 per watt.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 the cost of a solar panel system. The actual cost of going solar can vary quite a bit based on several factors, such as how many panels you need, your energy consumption and what solar installer you go with.Even with the significant upfront cost, the average Terrytown homeowner can save about $17,000 on their power bills over 20 years, which is one of the advantages of solar.

To calculate your potential ROI and connect with a local solar installer, 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

Although you can install solar panels by yourself, it takes extra labor and knowledge. That's one of the reasons most people choose to go with a solar panel installer. Also, if you’d like to maximize your investment in solar, using a solar installer can help with that as well. Different providers can offer warranties, expertise on solar panel installation and sometimes even information on local incentives.

You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some in Terrytown:

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

Tesla Energy

★★★★★
3.2

  • 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 Terrytown

Factors that Affect Solar Panel Costs in Terrytown

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

Solar Equipment

When it comes to estimating the price of solar panels in Terrytown, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can determine by looking at past energy bills. Your overall cost can increase by about $3,800 for each additional kilowatt you need.The 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. In addition, add-on products, like solar batteries, can bring your total well above the Terrytown average.

Solar Financing Terms

Many homeowners find the average cost of solar in Terrytown to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area offers financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest.When considering your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.

Solar Panel Installation Company

The solar installer you choose to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Terrytown, and each can charge different amounts for labor and equipment.Additionally, some companies in Terrytown have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.

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

There are many companies available in Terrytown, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:

  • Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. Even though there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of offerings before deciding.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can look into your installer’s reputation is by reading reviews.
  • Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
  • Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.

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

Tesla Energy

★★★★★
3.2

  • 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 Terrytown, LA Solar Cost FAQs

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

This is a difficult question to answer precisely, because the cost depends on a variety of factors. Generally 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 extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.

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

Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

How will having solar panels impact my property 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, so you can expect 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 worthwhile investment.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can take a 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 get 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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