Solar Panels Cost $15k-$26k in Iberia Parish, LA | December, 2024
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How much do solar panels cost in Iberia Parish, LA in 2024?
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In December, 2024, the current price per watt for solar in Iberia Parish, LA is $3.74/W.
According to this cost per watt, you should expect the price to be $3,740, on average, for every 1000 watts (or 1 kW) of solar energy your solar panel system will need to generate. In Iberia Parish, the cost of a 5 kW panel install is typically $13,090, after the 30% federal tax credit. Don't overlook, a higher capacity system might be required to meet your energy needs.
Select your county from the menu on the left to view the average roof size and maximum residential solar capacity for homes in your area. Below, you can see a full breakdown of the price, 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.
Iberia Parish: $13,090US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Iberia 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.
Iberia Parish: $16,316US Average: $16,152
Solar Potential in Iberia Parish
Estimated system size and solar electricity production per median viable roof in Iberia Parish.
Roof size 840sq. ft.
Capacity 11.75kW DC
Electricity 15.1kkWh AC per yr.
Electricity Costs in Iberia Parish, LA & What that Means for Your Solar Panel Pricing
Energy consumers in Iberia Parish generally pay 145.90 per month for electricity, consuming an typical of 1,217 kWh. Bear in mind that this data includes data from both apartments and smaller homes with lower energy usage.
The average electricity rate in Iberia Parish, LA in December 2024 is 11.98¢ per kWh.
Upfront, a 10 kW solar system will cost approximately $37,400, after the 30% federal tax credit, the total comes down to $26,180.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Iberia Parish
Shown on the left, you will find a cost summary for different solar panel system sizes installed in Iberia Parish. A larger solar array will naturally cost more, but it will also yield higher electricity savings and increased income tax credits.
The solar panel cost and benefit breakdown, shown in the calculator below and to the right, is based on an average electric bill of $145.90 in Iberia Parish. Simply replace the $145.90 with your typical electricity bill amount to see more specific 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 $1,156 a year
Est. Price
$15,708
Savings from a 6kWthis system
Est. yearly production 9,636 kWh
Est. monthly savings $96
Full payback in 9 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
$18,326
Savings from a 7kWthis system
Est. yearly production 11,242 kWh
Est. monthly savings $112
Full payback in 10 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
$20,944
Savings from a 8kWthis system
Est. yearly production 12,848 kWh
Est. monthly savings $128
Full payback in 12 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
$23,562
Savings from a 9kWthis system
Est. yearly production 14,454 kWh
Est. monthly savings $145
Full payback in 13 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
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,927 a year
Est. Price
$26,180
Savings from a 10kWthis system
Est. yearly production 16,060 kWh
Est. monthly savings $146
Full payback in 15 years
Environmental Impacts
Reduces CO2 emissions by 7.85 tons a year
Equivalent to planting 361 trees a year
Equivalent to driving 19,430 mi less a year
Iberia Parish Solar Panel Installation Incentives & Rebates | 2024
The REAP Grant can potentially cover between 80% and 100% of the installation costs for solar energy or wind turbines for rural small businesses and agricultural businesses. If you feel you might be eligible, try our REAP Grant eligibility tool to confirm your qualification.
Homeowners can benefit from a 30% federal income tax credit for installing residential solar panels, making solar power a feasible option in much of the country. A number of state and local programs are set up to enhance the adoption of solar energy.
There are 2 solar incentive and rebate programs in Louisiana, provided by different utilities and governmental 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 Iberia Parish, LA?
If your plan is to stay in your home past the time it takes to pay off your solar system, opting for solar panels is a smart move in Iberia Parish. Installing a 5 kW solar system in Iberia Parish, LA will, on average, save you $21,926 over 20 years, and you can expect to break even in about 7 years.
The cost of not having solar panels in Iberia Parish, LA
In addition to missing out on the savings mentioned previously, not installing solar panels or another form of backup power leaves you completely dependent on your electric utility. Full reliance on your utility isn't always the best scenario as the news has recently highlighted.
Customers in Iberia Parish encounter roughly 1.39 outages per year. Each outage lasts an average of 210.24 minutes. In the case of major events such as heavy rain and flooding, wildlife damage, or grid management errors, this period can increase substantially.
View the component below to see the number of current electricity customers without power in Iberia Parish.
A solar panel system, with or without a backup battery, could help mitigate the effects of future outages you might encounter.
Power Outages
Currently, 0 customers are being tracked in Iberia Parish.
What impacts the cost of solar panels in Iberia Parish, LA?
Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt reduces as the system size increases. Consumers often find that setting up a solar system to fully cover their electric bill is a smart choice, leading to the most savings.
Make & Model - There are a variety of makes and models of solar panels. The contractor’s preference for brand makes it essential to select a recommended installer. Better makes and models typically provide an enhanced long-term experience for the buyer.
Solar Panel Type - There's a good reason why monocrystalline panels are now considered the industry standard. They have a higher price, but they produce more energy. Many solar panel installers prefer this type of material.
Your Property - No two properties or homes are identical. Rough terrain, trees, or additional considerations can increase 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 - Various wages are offered to employees by various companies, and these costs are transferred to the consumers. Higher wages often lead to businesses getting better reviews for their services and customer service.
Permitting & Interconnection - Local permitting and utility level interconnection fees differ by area and will affect your final install price. That said, reputable local installers will be able to incorporate these numbers into your initial quotes so there are no surprises.
See what solar panels cost in other Iberia Parish cities
As of December, 2024, the average cost for solar panels in Iberia Parish, LA is $3.74/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Iberia Parish, LA is roughly $13,090.
At present, there are 2 rebates and incentives available to Louisiana residents from various utility and government programs. Moreover, nearly everyone is eligible for the 30% federal income tax credit.
Choosing to pay cash offers the most savings, but today there are numerous financing options for solar panels that are also financially advantageous. Your preliminary quotes will usually contain financing options available through installers.
Yes, homeowners in Iberia Parish, LA generally see a payback time of 7 years for 5 kW solar panel systems, with electricity savings averaging $21,926 over a 20-year period.
Savings from 
Environmental Impacts 
