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

  • Gray Solar Installation Cost: $26,315
  • 25-Year Savings: $21,500
  • Payback Period: 16.7 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 Gray

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

In Gray, solar panels cost about 4 per watt on average.Since a 9.9-kW system is needed to cover the energy consumption of a typical home in Gray, the average price of going solar will be about $26,315 after claiming the federal solar tax credit of 0.

These figures are just averages, and your own solar costs may look different based on your specific situation and what company you want to go with.With typical savings of about $15,000 on power bills over 20 years, many homeowners in Gray find investing in solar can be quite rewarding.

Click the button below to get connected to a reputable solar panel company in Gray for a custom estimate.

Solar savings over time in Gray

Year Return on Investment
1 years $-25,006
3 years $-22,387
5 years $-19,768
7 years $-17,150
9 years $-14,531
11 years $-11,913
13 years $-9,294
15 years $-6,676
17 years $-4,057
19 years $-1,439
21 years $1,180
23 years $3,798
25 years $6,417

Top Solar Installers in Gray

DIY solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Using a solar panel installer can make switching to solar power much easier. Another advantage of working with a solar company is that they can help you maximize your ROI by cutting back on future costs of repairs and replacements with the help of warranties and giving you information on local incentives you can take advantage of.

You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some nearby:

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 Gray

Factors that Affect Solar Panel Costs in Gray

Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that will push your cost above or below the average in Gray: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.

Solar Equipment

When it comes to estimating the cost of a solar energy system in Gray, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can determine by looking at past energy bills. Your overall cost can increase by around $3,800 for each additional kilowatt you need.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your energy bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Gray average.

Solar Financing Terms

Most solar companies in Gray provide solar loans, which reduce the initial cost of installing solar.When trying to figure out 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 lower the total interest paid over time.

Solar Panel Installation Company

The solar installation company you select will influence your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor.Larger national companies generally have lower costs, but some local companies compete 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 $7,235 17.4 years
8 kW $3.88 $21,706 $10,073 17.1 years
10 kW $3.80 $26,600 $13,123 16.7 years
12 kW $3.72 $31,282 $16,386 16.4 years
14 kW $3.65 $35,750 $19,861 16.1 years
16 kW $3.57 $40,006 $23,550 15.7 years
18 kW $3.50 $44,050 $27,451 15.4 years
20 kW $3.42 $47,880 $31,565 15.1 years

How to Save on Solar Panels

There are a lot of companies to choose from in Gray, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:

  • Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer’s reputation is by reading reviews.
  • Installation Process: When making the switch to solar, it’s crucial to maintain an open line of communication with your solar company. See to it that you understand how the installation process works and the project timeline.
  • Contract: Review the contract terms closely to make sure you understand the cost breakdown, project completion timeline rebates and warranties.

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 Gray, LA Solar Cost FAQs

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

The average cost of solar panels in Gray 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 stuff such as the model of solar panels you want, what size system you need and how much energy you use.

Is cost the most important consideration when buying solar panels?

The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.

Is it worth going solar in Gray?

Solar panels can be a good investment for lots 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 power bills are already reasonably 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 requires 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 household 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.

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