Solar Panels Cost $12k-$22k in Bossier Parish, LA | November, 2024
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How much do solar panels cost in Bossier Parish, LA in 2024?
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For going solar in Bossier Parish, LA, the price per watt in November, 2024 is around $3.59/W.
As a result of the rate, solar panels will cost you about $3,590 per 1K (or 1000 watts) of production capacounty. In Bossier Parish, the cost of a 5 kW system is typically $12,565, after you subtract 30% federal tax credit. Remember, a more extensive system may be needed to fully meet your energy demands effectively.
To the left,choose your area to see the average roof size and the average maximum capacity of residential solar for homes in your county. You can review the costs, payback period, and 20-year average savings for a 5 kW system installed in your county below.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Bossier Parish: $12,565US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Bossier Parish: 7 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Bossier Parish: $15,840US Average: $16,169
Solar Potential in Bossier Parish
Estimated system size and solar electricity production per median viable roof in Bossier Parish.
Roof size 1,037sq. ft.
Capacity 14.5kW DC
Electricity 18.2kkWh AC per yr.
Electricity Costs in Bossier Parish, LA & What that Means for Your Solar Panel Pricing
Bossier Parish's average monthly kWh usage is 1,083, with the typical electric bill around 140.79. This statistic also reflects data from apartments and smaller housing units, which usually use less energy needs.
For November 2024, the mean electricity rate in Bossier Parish, LA amounts to 13¢ per kWh.
At this time, a 9 kW solar panel system costs around $32,310 before incentives, but after the 30% federal tax credit, the total drops to $22,617.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Bossier Parish
To your left, we've provided a full pricing details for the various solar panel system sizes installed in Bossier Parish. While a bigger solar installation does come with a larger expense, it also brings higher electricity savings and higher income tax credits.
The solar panel cost calculator, situated to the right and below, provides a cost and benefit breakdown using an average $140.79 electric bill for Bossier Parish. Replace the $140.79 with your typical electricity bill to get customized results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,044 a year
Est. Price
$12,565
Savings from a 5kWthis system
Est. yearly production 8,030 kWh
Est. monthly savings $87
Full payback in 7 years
Environmental Impacts
Reduces CO2 emissions by 4.87 tons a year
Equivalent to planting 224 trees a year
Equivalent to driving 12,046 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,253 a year
Est. Price
$15,078
Savings from a 6kWthis system
Est. yearly production 9,636 kWh
Est. monthly savings $104
Full payback in 9 years
Environmental Impacts
Reduces CO2 emissions by 5.84 tons a year
Equivalent to planting 268 trees a year
Equivalent to driving 14,455 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,461 a year
Est. Price
$17,591
Savings from a 7kWthis system
Est. yearly production 11,242 kWh
Est. monthly savings $122
Full payback in 10 years
Environmental Impacts
Reduces CO2 emissions by 6.81 tons a year
Equivalent to planting 313 trees a year
Equivalent to driving 16,864 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,670 a year
Est. Price
$20,104
Savings from a 8kWthis system
Est. yearly production 12,848 kWh
Est. monthly savings $139
Full payback in 12 years
Environmental Impacts
Reduces CO2 emissions by 7.79 tons a year
Equivalent to planting 358 trees a year
Equivalent to driving 19,274 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,879 a year
Est. Price
$22,617
Savings from a 9kWthis system
Est. yearly production 14,454 kWh
Est. monthly savings $141
Full payback in 13 years
Environmental Impacts
Reduces CO2 emissions by 7.89 tons a year
Equivalent to planting 362 trees a year
Equivalent to driving 19,525 mi less a year
Bossier Parish Solar Panel Installation Incentives & Rebates | 2024
Eligible rural small businesses and farms might have their solar or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. Wondering if you fit this category? Check your eligibility with our REAP Grant eligibility tool.
The federal government offers a 30% tax credit for residential solar systems, which makes solar appealing and sensible for a wide range of homeowners. There are also a range of state and local programs aimed at enhancing solar energy use.
Several utilities and government bodies in Louisiana currently offer 2 solar rebates and incentives.
Solar incentives in LAIncentive Description Value
Home Energy Loan Program (HELP)
Value:Up to $6,000
The Louisiana Department of Natural Resources (DNR) manages the Home Energy Loan Program, or HELP, for homeowners making energy efficiency improvements. HELP loans offer a maximum principal of $12,000 to be repaid over five years. Half of the principal is disbursed by the DNR at 2% interest. The other half is disbursed from any of the HELP partner banks at their current market rate. The partner bank will handle all servicing responsibilities. HELP loan partners set their own institutional policies, including their own interest rates and the maximum amount for their own portion of the principal. Interested homeowners should therefore contact their local partner directly to apply or make further inquiries. A list of current HELP loan partners is available from the DNR website.
New Orleans City - Energy Smart Program
Value:Varies
The Energy Smart program is a joint venture between Entergy and the City of New Orleans. Orleans Parish Entergy customers may be eligible for a variety of rebates from the city government for new energy efficient equipment and improvement projects. Available rebates will change from time to time. Current offers include HVAC, windows, insulation/weatherization, ductwork, CFL/LED lighting, smart thermostats, and solar water/pool heating. Total rebate amounts can exceed $5,000 for qualifying customers. Application forms and additional information are available on both the Entergy and New Orleans city websites.
Are solar panels worth it in Bossier Parish, LA?
For those planning to remain in their homes after the solar system's payback period, installing solar panels is a clear choice in Bossier Parish. In Bossier Parish, LA, the installation of a 5 kW solar system can save you an average of $21,224.6 over 20 years, with an average break even point of 7 years.
The cost of not having solar panels in Bossier Parish, LA
Beyond missing out on the savings, the absence of solar panels or another backup energy source leads to full dependence on your electric utility for your power needs. Recent news coverage has revealed that total dependence on your utility company isn't always the most favorable scenario.
The average number of outages per customer per year in Bossier Parish is 1.76. On average, the length of an outage is 276.81 minutes. Major events like landslides, overloaded power grids, or wildlife damage can cause these durations to rise considerably.
View the info below to see the number of current electricity customers without power in Bossier Parish.
A solar panel system could reduce the inconvenience of future outages, even if it lacks a backup battery.
Power Outages
Currently, 0 customers are being tracked in Bossier Parish.
What impacts the cost of solar panels in Bossier Parish, LA?
Your Energy Needs - Even if the initial expense is higher, the price per watt drops with larger solar panel systems. Many consumers realize it's a good idea to set up a solar system that can generate enough power to offset their electric bill, because it helps them save more money.
Make & Model - Solar panels come in a range of makes and models. Because the installer might have specific brand preferences, it's essential to select a recommended installer. The selection of superior models can greatly enhance the long-term experience for buyers.
Solar Panel Type - For numerous good reasons, monocrystalline panels are now the standard in the industry. Even with a higher cost, this technology generate more energy. The majority of installers choose panels made using this material.
Your Property - Each property and home is one of a kind. Sloped land, trees, or other barriers can increase the difficulty of installing solar panels. These days, solar installers frequently utilize satellite images to evaluate your home and incorporate these considerations into the first cost estimate.
Labor Rates - The wages employees are paid from their employers are different, and these expenses are transferred to the consumers. It is frequent for companies that provide higher wages to receive better reviews for their work and customer service.
Permitting & Interconnection - Installation costs will be influenced by varying local permitting and utility interconnection fees, depending on the region. Reliable local installers will incorporate these figures into your first estimates to eliminate any surprises.
See what solar panels cost in other Bossier Parish cities
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Bossier Parish, LA Solar Panel Cost FAQs
As of November, 2024, the average per-watt cost for solar panels in Bossier Parish, LA is $3.59/W. A 5 kW solar panel system will cost you around $12,565 in Bossier Parish, LA after the federal tax credit is applied.
Right now, Louisiana has 2 rebates and incentives available through a variety of utility companies and government entities. Additionally, the vast majority qualify for the 30% federal tax credit.
Although paying in cash provides the most savings, several financing options for solar panels now exist that are cost-effective. Initial quotes from installers will frequently detail information about available financing options.
Yes, the average 5 kW solar panel payback time in Bossier Parish, LA is 7 years, with expected savings of $21,224.6 on electricity over 20 years.