Solar Panel Cost Guide in Jennings, LA (2024 Update)
- Jennings Solar Installation Cost: $26,389
- 25-Year Savings: $25,852
- Payback Period: 15.1 Years
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Average Cost of Solar Panels in Jennings
Let’s take a look at the average cost of solar in Jennings.
Although the national average of solar panels is $2.66 per watt, solar panels in Jennings typically cost around 4.The average Jennings homeowner needs a 9.9-kilowatt system, which would cost about $26,389 with the federal tax credit, or $37,736 before the 0 tax credit is applied.
The true cost of your system can go above or below the average in Jennings based on a few factors, such as the brand of solar panels you choose and the solar installer you hire.With average savings of about $17,000 on electricity bills over 20 years, many homeowners in Jennings find investing in solar has a decent ROI.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Jennings
| Year | Return on Investment |
|---|---|
| 1 years | $-24,909 |
| 3 years | $-21,951 |
| 5 years | $-18,993 |
| 7 years | $-16,035 |
| 9 years | $-13,076 |
| 11 years | $-10,118 |
| 13 years | $-7,160 |
| 15 years | $-4,202 |
| 17 years | $-1,243 |
| 19 years | $1,715 |
| 21 years | $4,673 |
| 23 years | $7,631 |
| 25 years | $10,590 |
Top Solar Installers in Jennings
When making the switch to solar, many homeowners prefer to hire a solar company since handling can be a difficult project. A solar company can also help save you money in the long run by offering warranties, repairs and system component replacements.
If you're on the hunt for a solar installer in Jennings, the EcoWatch team has put together a list of our top suggestions here:
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 Jennings
Factors that Affect Solar Panel Costs in Jennings
There are many factors that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Jennings, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of 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
Most solar companies in Jennings have solar loans, which reduce your upfront costs of installing solar panels.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 bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Jennings is the company you get to install your solar panel system. Similar to choosing a company to renovate your kitchen, for instance, there’s no shortage of solar installers that provide a range of services at different costs.The size of the company can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower 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 | $9,831 | 15.7 years |
| 8 kW | $3.88 | $21,706 | $13,534 | 15.4 years |
| 10 kW | $3.80 | $26,600 | $17,449 | 15.1 years |
| 12 kW | $3.72 | $31,282 | $21,577 | 14.8 years |
| 14 kW | $3.65 | $35,750 | $25,918 | 14.5 years |
| 16 kW | $3.57 | $40,006 | $30,472 | 14.2 years |
| 18 kW | $3.50 | $44,050 | $35,239 | 13.9 years |
| 20 kW | $3.42 | $47,880 | $40,218 | 13.6 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Contract: Review the contract terms carefully to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of options before deciding.
- Reputation: Companies that have been in business for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate 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 Jennings, LA Solar Cost FAQs
How much does it cost to install solar panels in Jennings?
The average cost of solar panels in Jennings 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 like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Jennings?
Solar panels aren’t free in Jennings, but there are some options that can make getting them more feasible, 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 solar panels significantly reduce my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $880.98 per year.
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 should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using 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.