Solar Panel Cost Guide in Marrero, LA (2024 Update)
- Marrero Solar Installation Cost: $26,333
- 25-Year Savings: $25,556
- Payback Period: 15.2 Years
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Average Cost of Solar Panels in Marrero
Find out how much it might cost to install solar panels in Marrero.
The average cost of a solar system in Marrero is 4 per watt.Since a 9.9-kW system is needed to cover the energy costs of a typical home in Marrero, the average price of going solar will be about $26,333 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The true cost of installing solar panels can vary based on a few factors, such as what size system you need, your energy consumption and what solar installer you go with.But, after you've paid the upfront cost of installation, the return on investment for most homeowners is typically fruitful, with a net average savings of about $17,000 over 20 years on electricity bills.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Marrero
| Year | Return on Investment |
|---|---|
| 1 years | $-25,024 |
| 3 years | $-22,405 |
| 5 years | $-19,787 |
| 7 years | $-17,168 |
| 9 years | $-14,550 |
| 11 years | $-11,931 |
| 13 years | $-9,313 |
| 15 years | $-6,694 |
| 17 years | $-4,076 |
| 19 years | $-1,457 |
| 21 years | $1,161 |
| 23 years | $3,780 |
| 25 years | $6,399 |
Top Solar Installers in Marrero
Many homeowners opt for a solar panel installer since installing solar panels yourself can be hard. A solar installer can also help save you money over time by providing warranties, repairs and component replacements.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Marrero
Factors that Affect Solar Panel Costs in Marrero
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in Marrero: 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 energy 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, your total will most likely increase by around $3,800. The kind of 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 over time on your energy bills. Additionally, extra products, like solar batteries, can bring your total well above the Marrero average.
Solar Financing Terms
Most solar installers in Marrero provide solar loans, which reduce the initial cost of installing solar.It’s a good idea to include 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 the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you get to install your solar panels can play a role in determining how much you pay. Marrero’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically 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 | $9,684 | 15.8 years |
| 8 kW | $3.88 | $21,706 | $13,338 | 15.5 years |
| 10 kW | $3.80 | $26,600 | $17,204 | 15.2 years |
| 12 kW | $3.72 | $31,282 | $21,284 | 14.9 years |
| 14 kW | $3.65 | $35,750 | $25,576 | 14.6 years |
| 16 kW | $3.57 | $40,006 | $30,081 | 14.3 years |
| 18 kW | $3.50 | $44,050 | $34,798 | 14.0 years |
| 20 kW | $3.42 | $47,880 | $39,729 | 13.7 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 several important things you should consider, such as:
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Contract: Although reading through a contract can be tedious, it’s important to do it carefully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
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 Marrero, LA Solar Cost FAQs
How much does it cost to install solar panels in Marrero?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $19,000 for a 5-kW system and $38,000 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Marrero?
Each state has some form 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 give you credit toward your future electricity bills.
How long do solar panels last in Marrero?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases 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.