Solar Panel Cost Guide in Waggaman, LA (2025 Update)
- Waggaman Solar Installation Cost: $26,349
- 25-Year Savings: $24,622
- Payback Period: 15.5 Years
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Average Cost of Solar Panels in Waggaman
Find out what the average cost of a solar system is in Waggaman.
While the national average of solar panels is $2.66 per watt, solar panels in Waggaman typically cost about 4.The average solar panel system size in Waggaman is around 9.9 kilowatts, meaning a cost of about $26,349 for a solar installation, or $37,679 before the 0 federal solar tax credit is applied.
These figures are just averages, and the cost of going solar for you will vary based on the amount of energy your home requires and what company you want to go with.Despite the high upfront cost, the average Waggaman homeowner can save around $16,000 on their power bills over 20 years, which is one of the perks of solar.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Waggaman
| Year | Return on Investment |
|---|---|
| 1 years | $-25,040 |
| 3 years | $-22,422 |
| 5 years | $-19,803 |
| 7 years | $-17,185 |
| 9 years | $-14,566 |
| 11 years | $-11,948 |
| 13 years | $-9,329 |
| 15 years | $-6,710 |
| 17 years | $-4,092 |
| 19 years | $-1,473 |
| 21 years | $1,145 |
| 23 years | $3,764 |
| 25 years | $6,382 |
Top Solar Installers in Waggaman
Putting up solar panels on your own can be a time-consuming undertaking, which is why using a solar installer is a good option for many homeowners. Local solar installers can also help you maximize your return on investment by assisting with any local incentives and by providing warranties and repairs.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
See all of the solar companies in Waggaman
Factors that Affect Solar Panel Costs in Waggaman
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that determine your overall cost in Waggaman: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,800.There are a lot of different solar panel brands and the one you choose also affects the cost. In general, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Waggaman to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest.However, the interest on solar loans also increases your all-in costs, so it’s crucial to consider that as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installation company you choose will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle 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 | $3.95 | $16,598 | $9,109 | 16.1 years |
| 8 kW | $3.88 | $21,706 | $12,571 | 15.8 years |
| 10 kW | $3.80 | $26,600 | $16,246 | 15.5 years |
| 12 kW | $3.72 | $31,282 | $20,133 | 15.2 years |
| 14 kW | $3.65 | $35,750 | $24,234 | 14.9 years |
| 16 kW | $3.57 | $40,006 | $28,547 | 14.6 years |
| 18 kW | $3.50 | $44,050 | $33,073 | 14.3 years |
| 20 kW | $3.42 | $47,880 | $37,812 | 14.0 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: Even though reading through a contract can be tedious, it’s important to do it fully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: The model of solar panel you need plays a role in which company you should choose, since different companies offer different panels.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should secure and what the project timeline is.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
EcoWatch's Waggaman, LA Solar Cost FAQs
What is the average cost of installing solar panels in Waggaman?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $19,000 for a 5-kW system and $38,000 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Can solar panels completely eradicate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on your location 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 $856.92 per year.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.