Solar Panel Cost Guide in Winnsboro, LA (2024 Update)
- Winnsboro Solar Installation Cost: $27,083
- 25-Year Savings: $21,602
- Payback Period: 17.0 Years
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Average Cost of Solar Panels in Winnsboro
Find out what the average cost of solar panel installation is in Winnsboro.
The national average cost of solar panels is $2.66 per watt, but in Winnsboro it’s 4 per watt.Since a 10.2-kW system is needed to cover the energy consumption of a typical home in Winnsboro, the average price of going solar will be about $27,083 after claiming the federal solar tax credit of 0.
The actual price you pay can go higher or lower than the average in Winnsboro depending on several factors, such as the model of solar panels you choose and the solar company you hire.Even with the large upfront cost, the average Winnsboro homeowner can save around $15,000 on their power bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a top solar company in Winnsboro for a custom quote.
Solar savings over time in Winnsboro
| Year | Return on Investment |
|---|---|
| 1 years | $-25,773 |
| 3 years | $-23,155 |
| 5 years | $-20,536 |
| 7 years | $-17,918 |
| 9 years | $-15,299 |
| 11 years | $-12,681 |
| 13 years | $-10,062 |
| 15 years | $-7,444 |
| 17 years | $-4,825 |
| 19 years | $-2,207 |
| 21 years | $412 |
| 23 years | $3,030 |
| 25 years | $5,649 |
Top Solar Installers in Winnsboro
Although you can install solar panels on your own, it requires extra labor and know-how. For that reason, almost all homeowners choose a solar panel installer. Another perk of going with a solar installer is that they can help you optimize your investment by reducing your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some nearby:
Best National Provider
SunPower
- 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
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 Winnsboro
Factors that Affect Solar Panel Costs in Winnsboro
For many Winnsboro homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Winnsboro, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,800. The brand and kind of equipment you choose 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 a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Winnsboro to be too costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to paying more over time because of interest.When estimating your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you choose to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies operating in Winnsboro, and each can charge varying amounts for labor and equipment.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $6,926 | 17.6 years |
| 8 kW | $3.88 | $21,706 | $9,660 | 17.3 years |
| 10 kW | $3.80 | $26,600 | $12,607 | 17.0 years |
| 12 kW | $3.72 | $31,282 | $15,767 | 16.6 years |
| 14 kW | $3.65 | $35,750 | $19,139 | 16.3 years |
| 16 kW | $3.57 | $40,006 | $22,725 | 15.9 years |
| 18 kW | $3.50 | $44,050 | $26,523 | 15.6 years |
| 20 kW | $3.42 | $47,880 | $30,534 | 15.3 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 pick the right company for you, here are some tips to keep in mind:
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely provide good-quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of options before deciding.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Before you sign a contract with a solar installer, make sure you look it over carefully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
Best National Provider
SunPower
- 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
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 Winnsboro, LA Solar Cost FAQs
What is the average cost of installing solar panels in Winnsboro?
The average cost of solar panels in Winnsboro is about $19,000 for a 5-kW system and $38,000 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Winnsboro?
A solar panel system isn’t free in Winnsboro, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can solar panels completely eradicate my power 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 $784.14 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 usage and how much 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 buy 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.
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.