Solar Panel Cost Guide in Bossier City, LA (2024 Update)
- Bossier City Solar Installation Cost: $27,168
- 25-Year Savings: $26,817
- Payback Period: 15.0 Years
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Average Cost of Solar Panels in Bossier City
Let’s have a look at the average cost of solar panels in Bossier City.
In Bossier City, solar panels cost about 4 per watt on average.Using this figure, a typical 10.2-kW system would cost about $27,168 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Bossier City homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find adopting solar power is a sound investment. The average homeowner in Bossier City can save about $17,000 on their power bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Bossier City for a quote for your home.
Solar savings over time in Bossier City
| Year | Return on Investment |
|---|---|
| 1 years | $-25,665 |
| 3 years | $-22,658 |
| 5 years | $-19,651 |
| 7 years | $-16,645 |
| 9 years | $-13,638 |
| 11 years | $-10,631 |
| 13 years | $-7,625 |
| 15 years | $-4,618 |
| 17 years | $-1,611 |
| 19 years | $1,395 |
| 21 years | $4,402 |
| 23 years | $7,409 |
| 25 years | $10,415 |
Top Solar Installers in Bossier City
Although you can install solar panels by yourself, it takes extra labor and expertise. That's one of the reasons the majority of homeowners choose a solar panel installer. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and system component replacements.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some near you:
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 Bossier City
Factors that Affect Solar Panel Costs in Bossier City
For many Bossier City homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Bossier City, 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 cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,800.The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your power bills. Additionally, extra products, such as solar batteries, can bring your total well above the Bossier City average.
Solar Financing Terms
Most solar companies in Bossier City offer solar loans, which reduce your upfront costs of installing solar.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar panel installation company you choose will affect your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and find a company that offers the products, warranties and services you’re looking for and also fits within your budget.
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 | $9,949 | 15.6 years |
| 8 kW | $3.88 | $21,706 | $13,691 | 15.3 years |
| 10 kW | $3.80 | $26,600 | $17,646 | 15.0 years |
| 12 kW | $3.72 | $31,282 | $21,814 | 14.7 years |
| 14 kW | $3.65 | $35,750 | $26,194 | 14.4 years |
| 16 kW | $3.57 | $40,006 | $30,788 | 14.1 years |
| 18 kW | $3.50 | $44,050 | $35,594 | 13.8 years |
| 20 kW | $3.42 | $47,880 | $40,612 | 13.5 years |
How to Save on Solar Panels
There are many 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:
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Contract: It’s important to read through your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
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 Bossier City, LA Solar Cost FAQs
How much does it cost to install solar panels in Bossier City?
This is a tough question to answer precisely, because the cost depends on many factors. Broadly 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 more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Are solar panels free in Bossier City?
Solar panels aren’t free in Bossier City, 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.
Does Bossier City have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future utility bills.
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 buy 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.