Solar Panel Cost Guide in Village St. George, LA (2023 Update)
- Village St. George Solar Installation Cost: $17,934
- 25-Year Savings: $27,865
- Payback Period: 9.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Village St. George
Let's have a look at the average cost of solar panels 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. The average solar panel system size in Village St. George is around 10.0 kilowatts, meaning a cost of about $17,936 for a solar installation, or $25,648 before the 30% 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 exact cost of making the switch to solar can vary quite a bit depending on several factors, such as what size system you need, your energy usage and what solar installer you go with. But, once you've paid the upfront cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $17,000 over 20 years on power bills.
Click the button below to get connected to a vetted solar installer in Village St. George for a custom quote.
Solar savings over time in Village St. George
| Year | Return on Investment |
|---|---|
| 1 years | $-17,782 |
| 3 years | $-17,476 |
| 5 years | $-17,171 |
| 7 years | $-16,866 |
| 9 years | $-16,560 |
| 11 years | $-16,255 |
| 13 years | $-15,950 |
| 15 years | $-15,644 |
| 17 years | $-15,339 |
| 19 years | $-15,034 |
| 21 years | $-14,728 |
| 23 years | $-14,423 |
| 25 years | $-14,118 |
Top Solar Installers in Village St. George
When switching to solar energy, many homeowners decide to use a solar installer since putting up solar panels yourself can be a challenging project. The expertise that solar companies offer can be helpful as well, especially if you don't quite know what kind of solar equipment would be right for your home.
If you're on the hunt for a solar installer in Village St. George, the EcoWatch team has put together a list of our top suggestions here:
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
Though the average cost of a solar system in Village St. George is $17,936, your final cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,570. There are several different solar panel brands and the one you pick also affects the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you want 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
Most solar installers in Village St. George provide solar loans, which reduce your upfront costs of installing a solar system. However, the interest on solar loans also increases your total costs, so it's vital to include that in your estimate as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Village St. George, you'll have many options to choose from, but each comes at varying price points for labor and equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and choose a company that has the products, warranties and services you want and also fits 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 | $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
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. 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 making your decision.
- Warranty: Warranties that provide coverage for defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one sign of a good company.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and what the project timeline is.
- 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 you can expect about your solar system's energy production.
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
How much does it cost to install solar panels in Village St. George?
This is a tough question to answer exactly, because the cost depends on a few different 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 other solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels significantly reduce my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. 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 often do you have to replace solar panels?
On average, the lifespan of solar panels is 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 level 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.