Solar Panel Cost Guide in Larose, LA (2024 Update)
- Larose Solar Installation Cost: $26,276
- 25-Year Savings: $20,832
- Payback Period: 17.0 Years
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Average Cost of Solar Panels in Larose
Find out how much it might cost to go solar in Larose.
In Larose, solar panels cost about 4 per watt on average.To cover the typical energy needs of the average home in Larose, most homeowners require a 9.9-kilowatt system. Using the per-watt figure above, a solar installation costs around $26,276, or $37,575 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Larose homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.For many homeowners, the upfront investment in solar panels is worth paying. On average Larose homeowners see about $15,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a vetted solar company in Larose for a quote for your home.
Solar savings over time in Larose
| Year | Return on Investment |
|---|---|
| 1 years | $-24,967 |
| 3 years | $-22,348 |
| 5 years | $-19,730 |
| 7 years | $-17,111 |
| 9 years | $-14,493 |
| 11 years | $-11,874 |
| 13 years | $-9,256 |
| 15 years | $-6,637 |
| 17 years | $-4,019 |
| 19 years | $-1,400 |
| 21 years | $1,218 |
| 23 years | $3,837 |
| 25 years | $6,455 |
Top Solar Installers in Larose
When making the switch to solar, many homeowners opt to go with a solar installer since overseeing your solar installation yourself can be a challenging project. Solar companies provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
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 in Larose:
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 Larose
Factors that Affect Solar Panel Costs in Larose
While the average cost of a solar system in Larose is $26,276, your actual cost may differ. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production use 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 brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Larose to be too costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to higher prices over time because of interest.Although solar loans make switching to solar energy more accessible for Larose homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Larose, you’ll have many options to choose from, but each comes at different price points for labor and equipment.Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on 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 | $6,849 | 17.7 years |
| 8 kW | $3.88 | $21,706 | $9,557 | 17.4 years |
| 10 kW | $3.80 | $26,600 | $12,478 | 17.0 years |
| 12 kW | $3.72 | $31,282 | $15,612 | 16.7 years |
| 14 kW | $3.65 | $35,750 | $18,959 | 16.3 years |
| 16 kW | $3.57 | $40,006 | $22,519 | 16.0 years |
| 18 kW | $3.50 | $44,050 | $26,291 | 15.7 years |
| 20 kW | $3.42 | $47,880 | $30,276 | 15.3 years |
How to Save on Solar Panels
The solar panel company you opt for will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:
- Contract: When looking over your solar installer’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely offer good-quality solar panel installation and expertise.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.
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 Larose, LA Solar Cost FAQs
How much does it cost to install solar panels in Larose?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally 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 additional solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
The initial 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 keep in mind are the quality and durability of your solar panels.
How will having solar panels impact how much my home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Larose is currently $139,970, so you can look forward to a value of about $5,739 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Larose is a worthwhile investment.
How long do solar panels last in Larose?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.