Solar Panel Cost Guide in Ville Platte, LA (Sep 2022)

  • Ville Platte Solar Installation Cost: $17,882
  • 25-Year Savings: $28,629
  • Payback Period: 9.6 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Ville Platte

We go over average solar pricing in Ville Platte.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Ville Platte, the average cost of a solar system is $3 per watt. The average Ville Platte homeowner needs a 9.9-kilowatt system, which would cost about $17,882, or $13,233 after the federal solar tax credit of 30% is applied.

How much you pay can be higher or lower than the average in Ville Platte depending on a few factors, such as the type of solar panels you choose and the solar contractor you hire. But, after you've paid the upfront cost of installation, the savings for most homeowners is quite rewarding, with a net average savings of about $18,000 over 20 years on utility bills.

To see your potential ROI and connect with a local solar company, click the button below.

Solar savings over time in Ville Platte

Year Return on Investment
1 years $-16,022
3 years $-12,301
5 years $-8,580
7 years $-4,859
9 years $-1,138
11 years $2,583
13 years $6,304
15 years $10,024
17 years $13,745
19 years $17,466
21 years $21,187
23 years $24,908
25 years $28,629

Top Solar Installers in Ville Platte

Trying to install solar panels on your own can be a challenging undertaking, which is why hiring a solar installation company is a good option for many homeowners. Companies can also have access to various kinds of the best solar panels and help you pick which one will be best for you.

There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:

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

The Green Panel

★★★★★
4.5

  • 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

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

See all of the solar companies in Ville Platte

Factors that Affect Solar Panel Costs in Ville Platte

Although the average cost of solar panels in Ville Platte is $17,882, your actual cost may differ. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to consider.

Solar Equipment Size

Size is one of the largest factors that determines the overall cost of installing solar panels. That's why it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Ville Platte, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

If paying for a solar system in cash is too expensive, solar loans are a popular route because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs remarkably.

Solar Panel Installation Company

The solar installer you opt for to handle your switch to green energy can play a role in your total costs. There are about 3 solar panel companies operating throughout Ville Platte, and each can charge varying amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.

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 $16,836 10.0 years
8 kW $2.62 $14,680 $22,735 9.8 years
10 kW $2.57 $17,990 $28,779 9.6 years
12 kW $2.52 $21,156 $34,966 9.4 years
14 kW $2.47 $24,179 $41,298 9.2 years
16 kW $2.42 $27,057 $47,773 9.0 years
18 kW $2.36 $29,791 $54,392 8.8 years
20 kW $2.31 $32,382 $61,156 8.7 years

Solar Incentives in Ville Platte

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Home Energy Loan Program (HELP)
Website Visit here
More Info Click here

Name Solar Energy System Exemption
Incentive Amount 100%
Incentive Max None
More Info Click here

How to Save on Solar Panels

Since the brand of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:

  • Contract: Read the contract terms closely to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
  • Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases provide quality solar panel installation and expertise.
  • Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of offerings before deciding.
  • Warranty: If you're worried about the durability of your solar energy system, verifying your installer offers a 25-year, all-inclusive warranty can help put you at ease.

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

The Green Panel

★★★★★
4.5

  • 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

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

EcoWatch's Ville Platte, LA Solar Cost FAQs

How much does it cost to install solar panels in Ville Platte?

This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly 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 be more expensive if you want other solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.

Can you get solar panels for free in Ville Platte?

A solar panel system isn't free in Ville Platte, but there are some options that can make getting them more viable, 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 switching to solar power worth it?

Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already reasonably low, solar panels might not be for you.

How many solar panels should I get to power my home?

To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.

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