Solar Panel Cost Guide in Eunice, LA (2024 Update)
- Eunice Solar Installation Cost: $26,370
- 25-Year Savings: $28,616
- Payback Period: 14.2 Years
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Average Cost of Solar Panels in Eunice
See how much it might cost to go solar in Eunice.
While the national average of solar panels is $2.66 per watt, solar panels in Eunice generally cost around 4.Since a 9.9-kW system is needed to cover the energy needs of a typical home in Eunice, the average price of going solar will be about $26,370 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average energy use of Eunice homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With average savings of about $18,000 on power bills over 20 years, many homeowners in Eunice find going solar can pay off big.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Eunice
| Year | Return on Investment |
|---|---|
| 1 years | $-24,793 |
| 3 years | $-21,637 |
| 5 years | $-18,482 |
| 7 years | $-15,327 |
| 9 years | $-12,172 |
| 11 years | $-9,016 |
| 13 years | $-5,861 |
| 15 years | $-2,706 |
| 17 years | $449 |
| 19 years | $3,605 |
| 21 years | $6,760 |
| 23 years | $9,915 |
| 25 years | $13,070 |
Top Solar Installers in Eunice
Trying to install solar panels by yourself can be a dangerous undertaking, which is why hiring a solar installation company is a good option for many homeowners. Local solar companies can also help you maximize your return on investment by walking you through any local incentives you can take advantage of and by offering warranties and repairs.
You can get a free estimate from a local solar installer on how much solar panels 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 Eunice
Factors that Affect Solar Panel Costs in Eunice
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that will push your cost above or below the average in Eunice: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, 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 about $3,800. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your energy bills. Additionally, extra products, like solar batteries, can bump up your total well above the Eunice average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Eunice homeowners opt to finance their solar panel systems to make paying for solar more affordable.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar panel installer you choose will influence your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $11,515 | 14.8 years |
| 8 kW | $3.88 | $21,706 | $15,779 | 14.5 years |
| 10 kW | $3.80 | $26,600 | $20,255 | 14.2 years |
| 12 kW | $3.72 | $31,282 | $24,945 | 13.9 years |
| 14 kW | $3.65 | $35,750 | $29,847 | 13.6 years |
| 16 kW | $3.57 | $40,006 | $34,962 | 13.3 years |
| 18 kW | $3.50 | $44,050 | $40,290 | 13.1 years |
| 20 kW | $3.42 | $47,880 | $45,830 | 12.8 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose considerably impacts your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it carefully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Warranty: If you care about the durability of your solar system, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project timeline.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
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 Eunice, LA Solar Cost FAQs
How much does it cost to install solar panels in Eunice?
The average cost of solar panels in Eunice is about $19,000 for a 5-kW system and $38,000 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Eunice?
A solar panel system isn’t free in Eunice, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Can you sell solar power back to the grid in Eunice?
Each state has some kind 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 power bills.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.