Solar Panel Cost Guide in Broussard, LA (2024 Update)

  • Broussard Solar Installation Cost: $26,445
  • 25-Year Savings: $27,203
  • Payback Period: 14.7 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Broussard

Find out what the average cost of a solar system is in Broussard.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Broussard, the typical cost of solar panels is 4 per watt.The average solar panel system size in Broussard is around 9.9 kilowatts, meaning a cost of about $26,445 for a solar installation, or $37,816 before the 0 federal solar tax credit is applied.

These figures are only averages, and how much solar costs for you may vary based on your specific situation and what company you go with.But, after you've paid the initial cost of installation, the payback for most homeowners is quite fruitful, with a net average savings of about $17,000 over 20 years on energy bills.

To calculate your potential savings and connect with a local solar company, click the button below.

Solar savings over time in Broussard

Year Return on Investment
1 years $-24,936
3 years $-21,920
5 years $-18,904
7 years $-15,888
9 years $-12,872
11 years $-9,855
13 years $-6,839
15 years $-3,823
17 years $-807
19 years $2,209
21 years $5,226
23 years $8,242
25 years $11,258

Top Solar Installers in Broussard

Installing solar panels on your own can be a difficult project, which is why getting a solar installation company is a good option for many homeowners. Plus, if you’re unsure what kind of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.

Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
3.2

  • 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 Broussard

Factors that Affect Solar Panel Costs in Broussard

For many Broussard homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Broussard, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you’ll pay, which we'll go over below.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,800.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Broussard, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many Broussard homeowners decide to finance their solar panel systems to offset upfront costs.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay back the loan.

Solar Panel Installation Company

The solar company you hire to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar installation companies operating in Broussard, and each can charge varying amounts for labor and equipment.The company’s size can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to more resources and better 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 $3.95 $16,598 $10,613 15.2 years
8 kW $3.88 $21,706 $14,576 15.0 years
10 kW $3.80 $26,600 $18,752 14.7 years
12 kW $3.72 $31,282 $23,141 14.4 years
14 kW $3.65 $35,750 $27,743 14.1 years
16 kW $3.57 $40,006 $32,558 13.8 years
18 kW $3.50 $44,050 $37,585 13.5 years
20 kW $3.42 $47,880 $42,825 13.2 years

How to Save on Solar Panels

Since the type of solar panels and the company you choose greatly impacts 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: When looking over your solar company’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.
  • Installation Process: When making the switch to solar energy, it’s crucial to maintain an open line of communication with your solar company. Confirm that you understand how the installation process works and the completion timeline.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
  • Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like the EcoWatch team.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
3.2

  • 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 Broussard, LA Solar Cost FAQs

What is the average cost of installing solar panels in Broussard?

The average cost of solar panels in Broussard 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 things such as the kind of solar panels you want, what size system you need and how much energy you use.

Should I lease or buy solar panels in Broussard?

Leasing solar panels can be an attractive choice, because it usually comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.

Does Broussard have a net metering program?

Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future electricity bills.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy consumption 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 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.

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