Solar Panel Cost Guide in Violet, LA (2023 Update)
- Violet Solar Installation Cost: $17,810
- 25-Year Savings: $26,940
- Payback Period: 9.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Violet
Let's take a look at the average cost of solar panels in Violet.
Although the national average of solar panels is $2.66 per watt, solar panels in Violet generally cost around 2.57. The average solar panel system size in Violet is around 9.9 kilowatts, meaning a cost of about $17,810 for a solar installation, or $25,468 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of going solar can vary quite a bit depending on a few factors, such as how many panels you need, your energy usage and what solar installer you go with. Despite the high upfront cost, the average Violet homeowner can save about $17,000 on their power bills over 20 years, which is one of the advantages of solar.
You can click the button below to get connected with a vetted solar installer in Violet that can help you get a more accurate cost estimate for your home.
Solar savings over time in Violet
| Year | Return on Investment |
|---|---|
| 1 years | $-16,500 |
| 3 years | $-13,882 |
| 5 years | $-11,263 |
| 7 years | $-8,645 |
| 9 years | $-6,026 |
| 11 years | $-3,408 |
| 13 years | $-789 |
| 15 years | $1,829 |
| 17 years | $4,448 |
| 19 years | $7,067 |
| 21 years | $9,685 |
| 23 years | $12,304 |
| 25 years | $14,922 |
Top Solar Installers in Violet
Installing solar panels on your own can be a dangerous task, which is why using a solar installation company is a good option for many homeowners. Also, companies with a high reputation that cost more upfront could actually save you money in the long run due to their warranties, repair services and expert design.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some 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
See all of the solar companies in Violet
Factors that Affect Solar Panel Costs in Violet
Although the average cost of a solar system in Violet is $17,810, your actual cost may be higher or lower than that. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to consider.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation use 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 many different solar panel brands and the one you choose also affects the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a popular option because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years. While solar loans make adopting solar energy more accessible for Violet homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you select will play a role in your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to 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 | $15,896 | 10.3 years |
| 8 kW | $2.62 | $14,680 | $21,482 | 10.1 years |
| 10 kW | $2.57 | $17,990 | $27,212 | 9.9 years |
| 12 kW | $2.52 | $21,156 | $33,086 | 9.8 years |
| 14 kW | $2.47 | $24,179 | $39,105 | 9.6 years |
| 16 kW | $2.42 | $27,057 | $45,267 | 9.4 years |
| 18 kW | $2.36 | $29,791 | $51,573 | 9.2 years |
| 20 kW | $2.31 | $32,382 | $58,022 | 9.0 years |
How to Save on Solar Panels
Since the type 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 tips to keep in mind to help with your decision:
- Solar Panel Brands: The brand of solar panel you need plays a role in which installer you should opt for, since different companies provide different panels.
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: Although reading through a contract can be tedious, it's important to do it thoroughly so you can be sure you understand what services your solar company will provide and the terms of the warranty.
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 Violet, LA Solar Cost FAQs
How much does it cost to install solar panels in Violet?
The average cost of solar panels in Violet is about $12,850 for a 5-kW system and $25,700 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Violet?
You can't get solar panels for free in Violet. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How will having solar panels impact my property value?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How long do solar panels last in Violet?
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 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.