Solar Panel Cost Guide in Schriever, LA (2024 Update)
- Schriever Solar Installation Cost: $26,315
- 25-Year Savings: $20,806
- Payback Period: 17.0 Years
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Average Cost of Solar Panels in Schriever
Let’s have a look at the average cost of solar panels in Schriever.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Schriever, the typical cost of solar panels is 4 per watt.Using this figure, a typical 9.9-kW system would cost about $26,315 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of installing solar panels can vary quite a bit based on several factors, such as what size system you need, your energy consumption and what solar installer you go with.Many homeowners find installing a solar panel system is a rewarding investment. The average homeowner in Schriever can save about $15,000 on their electricity bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Schriever
| 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 Schriever
Although you can install solar panels on your own, it requires extra energy and know-how. That's one of the reasons most people choose to hire a solar panel installer. Local solar installers can also help you optimize your return on investment by assisting with any local incentives and by providing warranties and repairs.
Working with a professional solar company can help your solar project go smoothly. Here are our recommendations:
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 Schriever
Factors that Affect Solar Panel Costs in Schriever
The cost of installing a solar system in Schriever can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay about $3,800 per kilowatt in Schriever.The brand and kind 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 are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar installers in Schriever offer solar loans, which reduce your upfront costs of installing solar.However, the interest on solar loans also increases your total costs, so it’s important to consider that as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The last major cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Schriever, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.The company’s size can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down 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 | $6,814 | 17.7 years |
| 8 kW | $3.88 | $21,706 | $9,511 | 17.4 years |
| 10 kW | $3.80 | $26,600 | $12,421 | 17.0 years |
| 12 kW | $3.72 | $31,282 | $15,543 | 16.7 years |
| 14 kW | $3.65 | $35,750 | $18,879 | 16.4 years |
| 16 kW | $3.57 | $40,006 | $22,427 | 16.0 years |
| 18 kW | $3.50 | $44,050 | $26,188 | 15.7 years |
| 20 kW | $3.42 | $47,880 | $30,162 | 15.3 years |
How to Save on Solar Panels
There are numerous companies available in Schriever, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
- Contract: Read the contract terms closely to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Warranty: Warranties that cover defective panels and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one sign of a good company.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years most likely provide quality solar panel installation and expertise.
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 Schriever, LA Solar Cost FAQs
How much does it cost to install solar panels in Schriever?
This is a difficult question to answer exactly, because the cost depends on many 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. You can expect to pay more if you want extra 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 expensive solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $780.42 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 stop working completely 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 once you've had them for that long or you can continue to use 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.