Solar Panel Cost Guide in Youngsville, LA (2023 Update)
- Youngsville Solar Installation Cost: $17,882
- 25-Year Savings: $28,523
- Payback Period: 9.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Youngsville
We break down average solar pricing in Youngsville.
The national average cost of solar panels is $2.66 per watt, but in Youngsville it's 2.57 per watt. Using this figure, a typical 9.9-kW system would cost about $17,882 before the 30% federal solar tax credit is applied.
The true cost of your system can be higher or lower than the average in Youngsville depending on a variety of factors, such as the type of solar panels you choose and the solar company you hire. Many homeowners find installing a solar panel system is a fruitful investment. The average homeowner in Youngsville can save about $18,000 on their energy bills over 20 years.
Click the button below to get connected to a top solar panel company in your area for a personalized estimate.
Solar savings over time in Youngsville
| Year | Return on Investment |
|---|---|
| 1 years | $-16,026 |
| 3 years | $-12,313 |
| 5 years | $-8,601 |
| 7 years | $-4,889 |
| 9 years | $-1,176 |
| 11 years | $2,536 |
| 13 years | $6,249 |
| 15 years | $9,961 |
| 17 years | $13,673 |
| 19 years | $17,386 |
| 21 years | $21,098 |
| 23 years | $24,811 |
| 25 years | $28,523 |
Top Solar Installers in Youngsville
Many homeowners opt for a solar panel installer since figuring out how to install solar panels by yourself can be a lot of work. Also, companies with a high reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
If you're looking for a solar company in Youngsville, we've compiled 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 Youngsville
Factors that Affect Solar Panel Costs in Youngsville
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that determine your overall cost in Youngsville: 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 size of the solar panel system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,570. There are a lot of different solar panel brands and the one you pick also affects the cost. Generally, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are provided by most installers in Youngsville, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also adds to your total costs, so it's vital to take that into consideration as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installation company you select will impact your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor. The size of the company can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $16,776 | 10.0 years |
| 8 kW | $2.62 | $14,680 | $22,656 | 9.8 years |
| 10 kW | $2.57 | $17,990 | $28,680 | 9.6 years |
| 12 kW | $2.52 | $21,156 | $34,847 | 9.4 years |
| 14 kW | $2.47 | $24,179 | $41,159 | 9.3 years |
| 16 kW | $2.42 | $27,057 | $47,614 | 9.1 years |
| 18 kW | $2.36 | $29,791 | $54,214 | 8.9 years |
| 20 kW | $2.31 | $32,382 | $60,957 | 8.7 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose greatly influences your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: It's important to read through your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Installation Process: When making the switch to solar, it's necessary to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the completion timeline.
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 Youngsville, LA Solar Cost FAQs
What is the average cost of installing solar panels in Youngsville?
The average cost of solar panels in Youngsville 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 certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Youngsville?
Solar panels aren't free in Youngsville, 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.
Is making the switch to solar worth it?
Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.