Solar Panel Cost Guide in Winnsboro, LA (Feb 2023)
- Winnsboro Solar Installation Cost: $18,314
- 25-Year Savings: $21,605
- Payback Period: 11.5 Years
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Top Solar Installers in Winnsboro
Although you can install solar panels on your own, it involves extra labor and know-how. For that reason, most people choose to hire a solar panel installer. The expertise that solar companies provide can be helpful as well, particularly if you aren't sure what brand of solar equipment you need.
Working with a professional solar installer can make going solar easier. Here are our recommendations:
See all of the solar companies in Winnsboro
Factors that Affect Solar Panel Costs in Winnsboro
There are many factors that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
When it comes to estimating the cost of a solar panel system in Winnsboro, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can figure out by looking at past energy bills. Your overall cost can increase by around $2,570 for each additional kilowatt you need. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in Winnsboro, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also increases your all-in costs, so it's crucial to take that into consideration as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Winnsboro is the company you get to install your PV system. Similar to choosing a company to renovate your kitchen, for instance, there's no shortage of solar installers that provide a range of services for different budgets. The size of the company sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
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||$12,298||11.9 years|
|8 kW||$2.62||$14,680||$16,686||11.7 years|
|10 kW||$2.57||$17,990||$21,217||11.5 years|
|12 kW||$2.52||$21,156||$25,892||11.2 years|
|14 kW||$2.47||$24,179||$30,711||11.0 years|
|16 kW||$2.42||$27,057||$35,674||10.8 years|
|18 kW||$2.36||$29,791||$40,781||10.6 years|
|20 kW||$2.31||$32,382||$46,032||10.3 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 models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: Before you sign a contract with a solar installer, make sure you read it through completely so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Solar Panel Brands: Different companies offer different brands and types of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years likely provide good-quality solar panel installation and expertise.
- Installation Process: Make sure you're aligned with the installer in regard to how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
EcoWatch's Winnsboro, LA Solar Cost FAQs
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.