Solar Panel Cost Guide in Tallulah, LA (2024 Update)
- Tallulah Solar Installation Cost: $27,094
- 25-Year Savings: $21,595
- Payback Period: 17.0 Years
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Average Cost of Solar Panels in Tallulah
We break down average solar pricing in Tallulah.
In Tallulah, solar panels cost about 4 per watt on average.To cover the typical energy usage of the average home in Tallulah, most homeowners require a 10.2-kilowatt system. Using the figure above, a solar installation costs about $27,094, or $38,744 before the federal solar tax credit of 0 is applied.
These figures are just averages, and your own solar costs will differ based on your specific situation and what company you go with.With typical savings of about $15,000 on power bills over 20 years, many homeowners in Tallulah find going solar can pay off big.
Click the button below to get connected to a reputable solar panel company in your area for a custom quote.
Solar savings over time in Tallulah
| Year | Return on Investment |
|---|---|
| 1 years | $-25,785 |
| 3 years | $-23,166 |
| 5 years | $-20,548 |
| 7 years | $-17,929 |
| 9 years | $-15,311 |
| 11 years | $-12,692 |
| 13 years | $-10,074 |
| 15 years | $-7,455 |
| 17 years | $-4,836 |
| 19 years | $-2,218 |
| 21 years | $401 |
| 23 years | $3,019 |
| 25 years | $5,638 |
Top Solar Installers in Tallulah
Many homeowners opt for a solar installer since trying to install solar panels yourself can be a lot of work. Plus, warranties and repairs from your solar panel company can protect your investment and reduce the cost of maintenance over time.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some in Tallulah:
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 Tallulah
Factors that Affect Solar Panel Costs in Tallulah
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few primary factors that will push your cost above or below the average in Tallulah: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
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 uses, the larger your system will likely need to be. You can expect to pay about $3,800 per kilowatt in Tallulah.There are several different solar panel brands and the one you pick also affects the cost. Generally, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Tallulah homeowners opt to finance their solar panel systems to offset upfront costs.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Tallulah is the company you get to install your solar system. As with choosing a company to renovate your kitchen, for instance, you’ll have many options for solar installers that provide a range of services at different price points.Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra 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 | $6,916 | 17.6 years |
| 8 kW | $3.88 | $21,706 | $9,647 | 17.3 years |
| 10 kW | $3.80 | $26,600 | $12,591 | 17.0 years |
| 12 kW | $3.72 | $31,282 | $15,747 | 16.6 years |
| 14 kW | $3.65 | $35,750 | $19,116 | 16.3 years |
| 16 kW | $3.57 | $40,006 | $22,699 | 16.0 years |
| 18 kW | $3.50 | $44,050 | $26,493 | 15.6 years |
| 20 kW | $3.42 | $47,880 | $30,501 | 15.3 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
- Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Review the contract terms carefully to make sure you understand the total cost, completion timeline incentives and warranties.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
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 Tallulah, LA Solar Cost FAQs
How much does it cost to install solar panels in Tallulah?
The average cost of solar panels in Tallulah 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Tallulah?
You can’t get solar panels for free in Tallulah. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
How will having solar panels impact my home value?
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 solar panels."
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.