Solar Panel Cost Guide in West Monroe, LA (2024 Update)

  • West Monroe Solar Installation Cost: $27,181
  • 25-Year Savings: $22,082
  • Payback Period: 16.8 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in West Monroe

We go over average solar pricing in West Monroe.

In West Monroe, solar panels cost about 4 per watt on average.To cover the typical energy usage of the average home in West Monroe, most homeowners require a 10.2-kilowatt system. Using the figure above, a solar installation costs about $27,181, or $38,869 before the federal solar tax credit of 0 is applied.

Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy consumption, the type of solar panels you want to get, your solar contractor and more.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in West Monroe can save about $15,000 on their power bills over 20 years.

To get a free quote from a pre-vetted solar installer in West Monroe, you can click the button below.

Solar savings over time in West Monroe

Year Return on Investment
1 years $-25,871
3 years $-23,253
5 years $-20,634
7 years $-18,016
9 years $-15,397
11 years $-12,779
13 years $-10,160
15 years $-7,542
17 years $-4,923
19 years $-2,304
21 years $314
23 years $2,933
25 years $5,551

Top Solar Installers in West Monroe

Installing solar panels by yourself can be a difficult project, which is why getting a solar installation company is a good option for many homeowners. A solar installer can also help save you money in the long run by offering warranties, repairs and system component replacements.

There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
3.2

  • 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 West Monroe

Factors that Affect Solar Panel Costs in West Monroe

For many West Monroe homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in West Monroe, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you’ll pay, which we'll go over below.

Solar Equipment

The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,800.There are several different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that are more efficient tend to also cost more. In addition, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That’s why many West Monroe homeowners decide to finance their solar panel systems to make paying for solar more affordable.However, the interest on solar loans also increases your all-in costs, so it’s crucial to take that into consideration as well. You can always lower the total you pay in interest and in some cases even your APR by putting more money down.

Solar Panel Installation Company

The solar panel installation company you select will influence your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor.Additionally, some companies in West Monroe are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.

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 $7,162 17.5 years
8 kW $3.88 $21,706 $9,974 17.1 years
10 kW $3.80 $26,600 $13,000 16.8 years
12 kW $3.72 $31,282 $16,239 16.5 years
14 kW $3.65 $35,750 $19,690 16.1 years
16 kW $3.57 $40,006 $23,354 15.8 years
18 kW $3.50 $44,050 $27,231 15.4 years
20 kW $3.42 $47,880 $31,320 15.1 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 models and price points. To help you pick the right company for you, here are some tips to keep in mind:

  • Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
  • Contract: When reading over your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.
  • Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
3.2

  • 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 West Monroe, LA Solar Cost FAQs

How much does it cost to install solar panels in West Monroe?

The average cost of solar panels in West Monroe 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 things like the kind of solar panels you want, what size system you need and how much energy you use.

Can you get solar panels for free in West Monroe?

Solar panels aren’t free in West Monroe, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

Does West Monroe have a net metering program?

Most states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.

How often do you have to replace solar panels?

Even 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 their energy production will have decreased significantly after that point. You can opt to replace them after having 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.

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