Solar Panels Cost 14k-25k in Grant Parish, LA | December, 2024

Solar Panels Cost $14k-$25k in Grant Parish, LA | December, 2024

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How much do solar panels cost in Grant Parish, LA in 2024?

Getting a solar system in the month of December, 2024 in Grant Parish, LA costs approximately $4/W.

In accordance with the cost per watt, you are able to conclude that for every 1 kW (1000 watts) your solar system can generate, you will have to invest $4,000 to have it installed. After subtracting the 30% federal tax credit, a 5 kW solar system in Grant Parish typically costs $14,000. To adequately cover your energy needs, you could need a bigger system.

To the left, you can choose your county to see the average roof size and average maximum capacity for solar panels on homes in your area. Below is an analysis of the costs, payback period, and 20-year average savings for a 5 kW system installed in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Grant Parish: $14,000US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Grant Parish: 8 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Grant Parish: $14,968US Average: $16,152

Solar Potential in Grant Parish

Estimated system size and solar electricity production per median viable roof in
Grant Parish.

Roof size 1,037sq. ft.
Capacity 14.5kW DC
Electricity 16.5kkWh AC per yr.

Electricity Costs in Grant Parish, LA & What that Means for Your Solar Panel Pricing

On average, a Grant Parish energy consumer uses 1,191 kWh and pays 145.70 per month for electricity. Please be aware that this figure covers apartments and smaller residences, which typically require reduced energy.

In December 2024, the electricity rate in Grant Parish, LA averages 12.24¢ per kWh.

Currently, a 9 kW solar system will cost around $25,200 after incentives.

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Average solar panel costs by system size in Grant Parish

Available below and to the left is the price structure for multiple sizes of solar panel systems in Grant Parish. A more extensive solar array will expectedly cost more, but it will also provide higher electricity savings and higher income tax credits.

In the solar panel cost calculator found to the right and below, you can view a cost and benefit breakdown to match an average $145.70 electric bill in Grant Parish. For results that are more personalized, adjust the $145.70 to match your typical electricity bill.

System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $964 a year
Est. Price
$14,000
Savings from a 5kWthis system
  • Est. yearly production 8,030 kWh
  • Est. monthly savings $80
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 4.32 tons a year
  • Equivalent to planting 198 trees a year
  • Equivalent to driving 10,686 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,156 a year
Est. Price
$16,800
Savings from a 6kWthis system
  • Est. yearly production 9,636 kWh
  • Est. monthly savings $96
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 5.18 tons a year
  • Equivalent to planting 238 trees a year
  • Equivalent to driving 12,823 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,349 a year
Est. Price
$19,600
Savings from a 7kWthis system
  • Est. yearly production 11,242 kWh
  • Est. monthly savings $112
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 6.04 tons a year
  • Equivalent to planting 278 trees a year
  • Equivalent to driving 14,961 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,542 a year
Est. Price
$22,400
Savings from a 8kWthis system
  • Est. yearly production 12,848 kWh
  • Est. monthly savings $128
  • Full payback in 13 years
Environmental Impacts
  • Reduces CO2 emissions by 6.91 tons a year
  • Equivalent to planting 317 trees a year
  • Equivalent to driving 17,098 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,734 a year
Est. Price
$25,200
Savings from a 9kWthis system
  • Est. yearly production 14,454 kWh
  • Est. monthly savings $145
  • Full payback in 14 years
Environmental Impacts
  • Reduces CO2 emissions by 7.77 tons a year
  • Equivalent to planting 357 trees a year
  • Equivalent to driving 19,235 mi less a year

Grant Parish Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant can potentially cover between 80% and 100% of the installation costs for solar or wind turbines for rural small businesses and agricultural businesses. If you feel you might be eligible, we suggest utilizing our REAP Grant eligibility tool to verify your qualification.

The federal government offers a 30% tax credit for residential solar systems, making solar practical and practical for a diverse set of homeowners. A variety of state and local incentives are offered to promote the use of solar energy.

Louisiana features 2 solar rebate and incentive initiatives provided by multiple utilities and government organizations.

Solar incentives in LA

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 Grant Parish, LA?

If your goal is to maintain your home well past the payback period of your solar system, solar panels are an clear choice in Grant Parish. With a 5 kW solar system in Grant Parish, LA, the average savings over a 20 period is $20,968, with break even usually occurring at 8 years.

The cost of not having solar panels in Grant Parish, LA

Without solar panels or another backup power source, you miss out on the savings discussed previously and rely entirely on your electric utility for electricity. As we've seen in many recent news reports, full reliance on your utility isn't always ideal.

In recent times, the average number of utility outages per customer annually in Grant Parish has been about 1.57. The average duration of each outage is 243.53 minutes. During severe events like grid management errors, landslides or planned maintenance, these times can grow significantly longer.

Take a look at the component below to see the number of current electricity customers without power in Grant Parish.

Whether or not a backup battery is included, a solar panel system could help ease the impact of future power outages you might face.

Power Outages

Currently, 0 customers are being tracked in Grant Parish.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Grant Parish, LA?

Your Energy Needs - Larger solar panel systems require more upfront investment, but the cost per watt decreases as the size of the system increases. Many people find it useful to install a solar energy system that can replace their entire electric bill. This results in optimal savings.

Make & Model - There are a variety of makes and models of solar panels and mounting equipment. Taking into account the certain brand preferences an installer might have, picking a reputable contractor is important. Choosing superior quality equipment usually provides a more favorable long-term experience for the buyer.

Solar Panel Type - Monocrystalline panels have emerged as the standard in the industry, and deservedly so. They have a higher price, but they provide more energy. Most solar panel installers choose this type of material.

Your Property - Trees, sloped land, or additional considerations can increase the complexity of the installation. Nowadays, the majority of solar installers can assess your home with satellite images and incorporate these elements in the preliminary cost estimate.

Labor Rates - Companies compensate their employees in varying amounts, and these costs are passed down to consumers. Higher wages frequently lead to companies getting better reviews for their services and customer service.

Permitting & Interconnection - The local permitting and utility interconnection fees, which vary by region, will affect your final installation price. Quality installers will factor these costs into your preliminary quotes to prevent unexpected expenses.

See what solar panels cost in other Grant Parish cities

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    Who are the best solar installers in Grant Parish?

    Go Solar Power

    West Palm Beach, FL(877) 558-1882

    Services

    • Installation of solar arrays.
    • Installation of batteries for energy storage.
    • Solar systems for selling electricity back to the grid.

    SunPro Solar

    Mandeville, LA(866) 599-3643

    Services

    • Installation of solar arrays.
    • Installation of batteries for energy storage.
    • Auditing of energy requirements for independent energy generation.
    • Monitoring of independent energy generation.
    • Solar systems for selling electricity back to the grid.
    • Expertise in consulting on advantageous financing for solar.
    • Consulting on all things solar related.

    SunPower Corporation

    San Jose, CA(800) 786-7693

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Installation of batteries for energy storage.
    • Monitoring of independent energy generation.
    • Solar systems for selling electricity back to the grid.
    • Expertise in consulting on advantageous financing for solar.
    • Consulting on all things solar related.

    Entegrity

    Little Rock, AR(800) 700-1414

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Installation of batteries for energy storage.
    • Auditing of energy requirements for independent energy generation.
    • Monitoring of independent energy generation.
    • Expertise in consulting on advantageous financing for solar.
    • Consulting on all things solar related.

    LightEdison

    Denver, CO(888) 966-6377

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Installation of batteries for energy storage.
    • Reparation of batteries.
    • Auditing of energy requirements for independent energy generation.
    • Monitoring of independent energy generation.
    • Solar systems for selling electricity back to the grid.
    • Expertise in consulting on advantageous financing for solar.
    • Consulting on all things solar related.

    Solar Service

    Austin, TX(512) 883-1411

    Services

    • Installation of solar arrays.
    • Reparation of solar arrays.
    • Installation of batteries for energy storage.
    • Monitoring of independent energy generation.
    • Solar systems for selling electricity back to the grid.

    Grant Parish, LA Solar Panel Cost FAQs

    • In Grant Parish, LA, the mean cost per watt for solar panels as recorded in December, 2024 is $4/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Grant Parish, LA is roughly $14,000.
    • Currently, Louisiana residents can benefit from 2 rebates and incentives available through various utilities and government bodies. On top of that, nearly everyone can qualify for the 30% federal tax credit.
    • Paying cash provides the most savings, yet there are many financing options available today for solar panels that are also beneficial. Financing options are frequently available through installers and will be included in your initial quotes.
    • Yes, the typical payback time for 5 kW solar panel systems in Grant Parish, LA is 8 years, and the expected electricity cost savings over 20 years is $20,968.
    Matt Hope
    Last Reviewed By: Matt Hope
    Published: 2024-12-11