Solar Panel Cost Guide in Welsh, LA (2023 Update)
- Welsh Solar Installation Cost: $17,846
- 25-Year Savings: $28,696
- Payback Period: 9.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Welsh
See how much it might cost to install solar panels in Welsh.
The national average cost of solar panels is $2.66 per watt, but in Welsh it's 2.57 per watt. The average Welsh homeowner needs a 9.9-kilowatt system, which would cost about $17,846 with the federal tax credit, or $25,520 before the 30% tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Welsh homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the initial cost of installation, the payback for most homeowners is typically good, with a net average savings of about $18,000 over 20 years on power bills.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Welsh
| Year | Return on Investment |
|---|---|
| 1 years | $-15,984 |
| 3 years | $-12,261 |
| 5 years | $-8,538 |
| 7 years | $-4,814 |
| 9 years | $-1,091 |
| 11 years | $2,632 |
| 13 years | $6,356 |
| 15 years | $10,079 |
| 17 years | $13,802 |
| 19 years | $17,526 |
| 21 years | $21,249 |
| 23 years | $24,973 |
| 25 years | $28,696 |
Top Solar Installers in Welsh
Many homeowners opt for a solar panel company since trying to install solar panels yourself can be a lot of work. Some solar installers, particularly local ones, can help you take advantage of incentives in Welsh, optimizing your ROI.
If you're searching for a solar installer in Welsh, we've organized a list of our top suggestions here:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Welsh
Factors that Affect Solar Panel Costs in Welsh
For many Welsh homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Welsh, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,570. The brand of solar panels and equipment you get is another factor that will substantially influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Moreover, solar equipment consists of more than just the solar panels themselves. You'll also need to make decisions about 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's in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are provided by most installers in Welsh, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of financing options, including the total 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 securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The remaining key cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Welsh, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. Larger national companies generally have lower costs, but some local companies compete 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 | $16,925 | 10.0 years |
| 8 kW | $2.62 | $14,680 | $22,854 | 9.8 years |
| 10 kW | $2.57 | $17,990 | $28,927 | 9.6 years |
| 12 kW | $2.52 | $21,156 | $35,145 | 9.4 years |
| 14 kW | $2.47 | $24,179 | $41,506 | 9.2 years |
| 16 kW | $2.42 | $27,057 | $48,011 | 9.0 years |
| 18 kW | $2.36 | $29,791 | $54,660 | 8.8 years |
| 20 kW | $2.31 | $32,382 | $61,453 | 8.6 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Different companies will have different brands and kinds of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
- Contract: When reading over your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can check your installer's reputation is by reading reviews.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Welsh, LA Solar Cost FAQs
How much does it cost to install solar panels in Welsh?
This is a tough question to answer precisely, because the cost depends on many 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 cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Can solar panels eliminate 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 $938.35 per year.
How many solar panels should I get 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 get between 20 and 35 panels to cover 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.
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.