Solar Panel Cost Guide in Village St. George, LA (2024 Update)
- Village St. George Solar Installation Cost: $26,518
- 25-Year Savings: $27,865
- Payback Period: 14.5 Years
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Average Cost of Solar Panels in Village St. George
Find out how much it might cost to go solar in Village St. George.
In Village St. George, solar panels cost about 4 per watt on average.The average Village St. George homeowner needs a 10.0-kilowatt system, which would cost about $26,518 with the federal tax credit, or $37,921 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Village St. George homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Village St. George can save about $17,000 on their power bills over 20 years.
To get a free quote from a highly rated solar installer in Village St. George, you can click the button below.
Solar savings over time in Village St. George
| Year | Return on Investment |
|---|---|
| 1 years | $-25,144 |
| 3 years | $-22,396 |
| 5 years | $-19,648 |
| 7 years | $-16,901 |
| 9 years | $-14,153 |
| 11 years | $-11,406 |
| 13 years | $-8,658 |
| 15 years | $-5,910 |
| 17 years | $-3,163 |
| 19 years | $-415 |
| 21 years | $2,333 |
| 23 years | $5,080 |
| 25 years | $7,828 |
Top Solar Installers in Village St. George
Many homeowners choose to hire a solar installation company since trying to put up solar panels on your own can be a labor-intensive endeavor. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run with their warranties, repair services and expert design.
If you’d like to start using solar energy but still aren’t sure which solar panel installer to go with, here are our recommendations for providers 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 Village St. George
Factors that Affect Solar Panel Costs in Village St. George
For many Village St. George homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Village St. George, 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
The size of the solar system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,800. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are a popular option because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can influence how much you pay. Village St. George’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Village St. George are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. 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 | $10,967 | 15.1 years |
| 8 kW | $3.88 | $21,706 | $15,048 | 14.8 years |
| 10 kW | $3.80 | $26,600 | $19,342 | 14.5 years |
| 12 kW | $3.72 | $31,282 | $23,848 | 14.2 years |
| 14 kW | $3.65 | $35,750 | $28,568 | 13.9 years |
| 16 kW | $3.57 | $40,006 | $33,500 | 13.6 years |
| 18 kW | $3.50 | $44,050 | $38,645 | 13.3 years |
| 20 kW | $3.42 | $47,880 | $44,003 | 13.0 years |
How to Save on Solar Panels
The solar installer you go with will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, including:
- Solar Panel Brands: The type of solar panel you want to install plays a role in which company you should go with, since different companies have access to different panels.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely offer quality solar panel installation and expertise.
- Contract: It’s important to read through your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running smoothly 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 Village St. George, LA Solar Cost FAQs
What is the average cost of installing solar panels in Village St. George?
The average cost of solar panels in Village St. George 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 use.
Can you get solar panels for free in Village St. George?
A solar panel system isn’t free in Village St. George, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can continue to use 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.