Solar Panel Cost Guide in Village St George, LA (Mar 2023)
- Village St George Solar Installation Cost: $17,936
- 25-Year Savings: $27,864
- Payback Period: 9.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Village St George
We break down average solar pricing in Village St George.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Village St George, the typical cost of solar panels is 2.57 per watt. Because a 10.0-kW system is needed to cover the energy consumption of a typical home in Village St George, the average price of going solar will be about $17,936 after claiming the federal solar tax credit of 30%.
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 be different depending on factors unique to your situation, like your household energy use and solar contractor. With typical savings of about $17,000 on electricity bills over 20 years, many homeowners in Village St George find installing solar panels can be quite rewarding.
Click the button below to get connected to a highly rated solar company in your area for a custom estimate.
Solar savings over time in Village St George
| Year | Return on Investment |
|---|---|
| 1 years | $-16,104 |
| 3 years | $-12,440 |
| 5 years | $-8,776 |
| 7 years | $-5,112 |
| 9 years | $-1,448 |
| 11 years | $2,216 |
| 13 years | $5,880 |
| 15 years | $9,544 |
| 17 years | $13,208 |
| 19 years | $16,872 |
| 21 years | $20,536 |
| 23 years | $24,200 |
| 25 years | $27,864 |
Top Solar Installers in Village St George
When making the switch to solar, many homeowners choose to use a solar installation company since overseeing your solar installation yourself can be a time-consuming project. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.
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 near you:
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Village St George
Factors that Affect Solar Panel Costs in Village St George
There are many criteria that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Village St George, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can gauge by looking at past power bills. Your overall cost can increase by around $2,570 for each additional kilowatt you need. The model of solar panels and equipment you get is another factor that will considerably influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on 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 falls within your budget.
Solar Financing Terms
Most solar companies in Village St George have solar loans, which reduce your upfront costs of installing solar. Though solar loans make adopting solar energy more accessible for Village St George homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you opt for to install your solar system can influence how much it costs. Village St George's solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.67 | $11,226 | $16,339 | 10.2 years |
| 8 kW | $2.62 | $14,680 | $22,074 | 10.0 years |
| 10 kW | $2.57 | $17,990 | $27,952 | 9.8 years |
| 12 kW | $2.52 | $21,156 | $33,974 | 9.6 years |
| 14 kW | $2.47 | $24,179 | $40,140 | 9.4 years |
| 16 kW | $2.42 | $27,057 | $46,450 | 9.2 years |
| 18 kW | $2.36 | $29,791 | $52,904 | 9.0 years |
| 20 kW | $2.31 | $32,382 | $59,501 | 8.8 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Village St George, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Even though 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.
- Solar Panel Brands: The kind of solar panel you'd like to get plays a role in which installer you should opt for, since different companies have access to different panels.
- Warranty: If you're worried about the durability of your solar panel system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Village St George, LA Solar Cost FAQs
How much does it cost to install solar panels in Village St George?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $12,850 for a 5-kW system and $25,700 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have above-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
What other factors should I consider other than cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $918.83 per year.
How long do solar panels last in Village St George?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.