Solar Panels Cost $0k-$0k in Caldwell Parish, LA | November, 2024
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How much do solar panels cost in Caldwell Parish, LA in 2024?
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In the month of November, 2024 in Caldwell Parish, LA you'll pay approximately $0 per watt to go solar.
So, for every 1000 watts (or 1 Kw) your system can generate you will spend $0 to get your system installed in . When you consider the 30% federal tax credit, you can expect to pay around $0 for a 5 kW system in Caldwell Parish. However, a 5kW systemmay not be enough to fulfill your energy needs.
On the left-hand side, pick your county to determine the average roof size and the average maximum capacity for solar panel systems on homes within your area. Displayed below is a breakdown of the costs, payback period, and 20-year average savings for a 5 kW system in your county.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Caldwell Parish: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Caldwell Parish: 0 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Caldwell Parish: $32,064US Average: $16,169
Solar Potential in Caldwell Parish
Estimated system size and solar electricity production per median viable roof in Caldwell Parish.
Roof size 965sq. ft.
Capacity 13.5kW DC
Electricity 16.7kkWh AC per yr.
Electricity Costs in Caldwell Parish, LA & What that Means for Your Solar Panel Pricing
The typical electricity bill for a Caldwell Parish resident is 133.60, with a monthly consumption of 1,276 kWh. Please note that this statistic includes apartments and smaller homes, which typically have reduced energy needs.
For November 2024, the mean electricity rate in Caldwell Parish, LA is 10.47¢ per kWh.
Initially, a 10 kW setup is priced at $0, but after a 30% tax credit, you’re looking at a total of $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Caldwell Parish
Displayed on the left and below is the price breakdown for different sizes of the solar panel systems installed in Caldwell Parish. While a more extensive solar installation has a higher price, it also yields higher electricity savings and more substantial income tax credits.
The solar panel cost calculator to the right and below breaks down costs and benefits, using an average $133.60 electric bill in Caldwell Parish Change the $133.60 to your average bill payment for custom results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $964 a year
Est. Price
$0
Savings from a 6kWthis system
Est. yearly production 9,636 kWh
Est. monthly savings $80
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 4.73 tons a year
Equivalent to planting 217 trees a year
Equivalent to driving 11,700 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,124 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 11,242 kWh
Est. monthly savings $94
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 5.51 tons a year
Equivalent to planting 253 trees a year
Equivalent to driving 13,650 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,285 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 12,848 kWh
Est. monthly savings $107
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 6.3 tons a year
Equivalent to planting 289 trees a year
Equivalent to driving 15,600 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,445 a year
Est. Price
$0
Savings from a 9kWthis system
Est. yearly production 14,454 kWh
Est. monthly savings $120
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 7.09 tons a year
Equivalent to planting 326 trees a year
Equivalent to driving 17,550 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,606 a year
Est. Price
$0
Savings from a 10kWthis system
Est. yearly production 16,060 kWh
Est. monthly savings $134
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 7.88 tons a year
Equivalent to planting 362 trees a year
Equivalent to driving 19,500 mi less a year
Caldwell Parish Solar Panel Installation Incentives & Rebates | 2024
The REAP Grant can potentially cover between 80% and 100% of the installation costs for photovoltaic or wind turbines for rural small businesses and farms. If you believe yourself eligible, we recommend utilizing our REAP Grant eligibility tool to confirm your qualification.
Most residents can qualify for a 30% federal income tax credit for residential solar, which makes it a practical option in numerous areas of the United States. Along with that, there are several state and local efforts designed to further encourage the uptake of solar energy.
Louisiana offers 2 solar rebate and incentive initiatives through different utilities and government agencies.
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 Caldwell Parish, LA?
If you're planning to stay in your home past the period required to pay back your solar investment, installing solar panels is a good decision in Caldwell Parish. If you install a 5 kW solar system in Caldwell Parish, LA, you might save $32,064 over 20 years on average, with a break even point at around 0 years.
The cost of not having solar panels in Caldwell Parish, LA
Beyond forgoing the savings, the absence of solar panels or another backup energy source results in full dependence on your electric utility for your power needs. As shown by many recent news reports, full reliance on your utility is not always ideal.
Yearly, customers in Caldwell Parish have encountered approximately 1.39 utility outages.Yearly, customers in Caldwell Parish have encountered approximately 1.39 utility outages. Usually, outages have an average duration of 210.24 minutes. However, during critical events like equipment failure, wildfires or vandalism, these times can extend dramatically.
View the graphic below to see the number of current electricity customers without power in Caldwell Parish.
Whether it includes a backup battery or not, a solar panel system could ease the burden of any future power interruptions you may experience.
Power Outages
Currently, 0 customers are being tracked in Caldwell Parish.
What impacts the cost of solar panels in Caldwell Parish, LA?
Your Energy Needs - The initial investment for larger solar panel installations is greater, but the average price per watt drops as the system grows. Many consumers realize it's a great idea to set up a solar system that can produce enough power to fully cover their electric bill, because it helps them save more money.
Make & Model - Just like other products, solar panels and mounting equipment are available in a range of makes and models. The potential brand preferences of your selected installer make it essential to choose a recommended company. For buyers desiring a better long-term experience, opting for higher quality makes and models is critical.
Solar Panel Type - For good reason why monocrystalline panels are now the industry standard. These panels cost more but yield a higher energy efficiency. The majority of installers in the industry work with panels made from this material.
Your Property - Each property and home has its own unique features. Uneven ground, trees, or other challenges may add to the difficulty of the installation. Solar installers today frequently utilize satellite imagery to evaluate your home and factor in these factors into the preliminary cost estimate.
Labor Rates - Employees receive varied wages from different companies, and these costs are passed on to the consumers. Usually, companies paying more in wages also enjoy higher ratings for their services and customer service.
Permitting & Interconnection - Installation costs will be impacted by varying local permitting and utility interconnection fees, depending on the region. Good installers will factor these costs into your preliminary quotes to prevent unexpected expenses.
See what solar panels cost in other Caldwell Parish cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Caldwell Parish?
Solar systems for selling electricity back to the grid.
Consulting on all things solar related.
Caldwell Parish, LA Solar Panel Cost FAQs
As of November, 2024, the average per-watt cost for solar panels in Caldwell Parish, LA is $0/W. After federal tax credits, the installation of a 5 kW solar panel system in Caldwell Parish, LA is estimated to cost $0.
In Louisiana, you have access to 2 rebates and incentives provided by numerous utilities and government organizations. Moreover, nearly everyone is eligible for the 30% federal income tax credit.
Choosing to pay cash provides the most savings, but today there are many financing options for solar panels that are also cost-effective. Information about financing options is typically included in initial quotes provided by installers.
Yes, homeowners in Caldwell Parish, LA generally see a payback time of 0 years for 5 kW solar panel systems, with electricity savings averaging $32,064 over a 20-year period.