Solar Panel Cost Guide in Sulphur, LA (2024 Update)
- Sulphur Solar Installation Cost: $26,403
- 25-Year Savings: $10,575
- Payback Period: 14.2 Years
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Average Cost of Solar Panels in Sulphur
We break down average solar pricing in Sulphur.
The national average cost of solar panels is $2.66 per watt, but in Sulphur it’s 4 per watt.The average solar panel system size in Sulphur is around 9.9 kilowatts, meaning a cost of about $26,403 for a solar installation, or $37,756 before the 0 federal solar tax credit is applied.
These figures are just estimates, and how much solar costs for you will most likely differ based on factors unique to your home and what company you choose to go with.But, once you've paid the upfront cost of installation, the ROI for most homeowners is usually rewarding, with a net average savings of about $18,000 over 20 years on power bills.
Click the button below to get connected to a vetted solar panel company in your area for a custom quote.
Solar savings over time in Sulphur
| Year | Return on Investment |
|---|---|
| 1 years | $-24,924 |
| 3 years | $-21,966 |
| 5 years | $-19,008 |
| 7 years | $-16,049 |
| 9 years | $-13,091 |
| 11 years | $-10,133 |
| 13 years | $-7,174 |
| 15 years | $-4,216 |
| 17 years | $-1,258 |
| 19 years | $1,700 |
| 21 years | $4,659 |
| 23 years | $7,617 |
| 25 years | $10,575 |
Top Solar Installers in Sulphur
When making the switch to solar, many homeowners decide to hire a solar installer since DIY solar panel installation can be a time-consuming project. Also, companies with a high reputation that cost more upfront could actually save you money in the long run with their warranties, repair services and expert design.
Working with a professional solar installer can make going solar easier. 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 Sulphur
Factors that Affect Solar Panel Costs in Sulphur
Even though the average cost of a solar system in Sulphur is $26,403, your final cost may differ. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.The brand of solar panels and equipment you get is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment consists of more than just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That’s why many Sulphur homeowners decide to finance their solar panel systems to make going solar more affordable.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you hire to handle your switch to solar energy can play a role in your total costs. There are about 3 solar installation companies operating in Sulphur, and each can charge different amounts for labor and equipment.The size of the company can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater 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 lower to compete with bigger companies.
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 | $11,535 | 14.7 years |
| 8 kW | $3.88 | $21,706 | $15,805 | 14.5 years |
| 10 kW | $3.80 | $26,600 | $20,289 | 14.2 years |
| 12 kW | $3.72 | $31,282 | $24,985 | 13.9 years |
| 14 kW | $3.65 | $35,750 | $29,894 | 13.6 years |
| 16 kW | $3.57 | $40,006 | $35,015 | 13.3 years |
| 18 kW | $3.50 | $44,050 | $40,350 | 13.0 years |
| 20 kW | $3.42 | $47,880 | $45,897 | 12.8 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a tough decision, we have some tips to help you, such as:
- Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one mark of a quality company.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what you need to do before your solar system is installed, such as updating or replacing your electrical system or roof.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of offerings before deciding.
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 Sulphur, LA Solar Cost FAQs
What is the average cost of installing solar panels in Sulphur?
This is a tough question to answer precisely, because the cost depends on many 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 extra solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Sulphur?
Leasing solar panels can be an appealing choice, because it often comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Does Sulphur have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future utility bills.
How long do solar panels last in Sulphur?
Though 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 once you've had 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.