Solar Panel Cost Guide in Pineville, LA (2024 Update)
- Pineville Solar Installation Cost: $26,881
- 25-Year Savings: $33,774
- Payback Period: 12.9 Years
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Average Cost of Solar Panels in Pineville
Find out how much it might cost to go solar in Pineville.
In Pineville, solar panels cost about 4 per watt on average.The average Pineville homeowner needs a 10.1-kilowatt system, which would cost about $26,881 with the federal tax credit, or $38,440 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy use, the type of solar panels you choose, your solar contractor and more.For many homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $20,000 in savings on electricity bills over 20 years.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Pineville
| Year | Return on Investment |
|---|---|
| 1 years | $-25,303 |
| 3 years | $-22,148 |
| 5 years | $-18,993 |
| 7 years | $-15,838 |
| 9 years | $-12,682 |
| 11 years | $-9,527 |
| 13 years | $-6,372 |
| 15 years | $-3,217 |
| 17 years | $-61 |
| 19 years | $3,094 |
| 21 years | $6,249 |
| 23 years | $9,404 |
| 25 years | $12,560 |
Top Solar Installers in Pineville
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Hiring an installer can make converting to solar power much easier. Some solar installers, particularly local ones, can help you take advantage of incentives in Pineville, therefore optimizing your ROI.
There are various licensed solar professionals that can take care of your solar installation project. 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 Pineville
Factors that Affect Solar Panel Costs in Pineville
There are many factors that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
When it comes to estimating the price of a solar panel system in Pineville, 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 usage, which you can gauge by looking at past power bills. Your overall cost can increase by around $3,800 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Pineville, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are an affordable choice because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years.When figuring out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you choose to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies in Pineville, and each can charge varying amounts for labor and equipment.Larger national companies usually 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 add-on services like electric vehicle 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 | $14,248 | 13.5 years |
| 8 kW | $3.88 | $21,706 | $19,423 | 13.2 years |
| 10 kW | $3.80 | $26,600 | $24,810 | 12.9 years |
| 12 kW | $3.72 | $31,282 | $30,411 | 12.7 years |
| 14 kW | $3.65 | $35,750 | $36,224 | 12.4 years |
| 16 kW | $3.57 | $40,006 | $42,250 | 12.2 years |
| 18 kW | $3.50 | $44,050 | $48,489 | 11.9 years |
| 20 kW | $3.42 | $47,880 | $54,940 | 11.6 years |
How to Save on Solar Panels
There are a large number of companies available in Pineville, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, completion timeline rebates and warranties.
- Solar Panel Brands: The brand of solar panel you need to get plays a part in which installer you should opt for, since different companies have access to different panels.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Pineville, LA Solar Cost FAQs
What is the average cost of installing solar panels in Pineville?
The average cost of solar panels in Pineville 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 consume.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How will installing solar panels impact how much my home is worth?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How long do solar panels last in Pineville?
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 amount 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.