Solar Panels Cost $15k-$25k in Iberville Parish, LA | November, 2024
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How much do solar panels cost in Iberville Parish, LA in 2024?
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Going solar in the month of November, 2024 in Iberville Parish, LA averages out to $3.59/W.
Each 1 kW (1000 watts) of solar generation capacounty will cost you $3,590 for installation. We are able to come to this conclusion in accordance with this rate price cost. After receiving the 30% federal tax credit, a 5 kW solar setup in Iberville Parish will cost approximately $12,565. A 5kW system may not be large enough to adequately cover your energy requirements.
To the left, you have the option to select your county and find the average roof size along with the average maximum capacity for solar panels in homes in your area. Below, you can find a complete summary of the price, payback period, and 20-year typical 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.
Iberville Parish: $12,565US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Iberville 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.
Iberville Parish: $17,498US Average: $16,169
Solar Potential in Iberville Parish
Estimated system size and solar electricity production per median viable roof in Iberville Parish.
Roof size 965sq. ft.
Capacity 13.5kW DC
Electricity 16.7kkWh AC per yr.
Electricity Costs in Iberville Parish, LA & What that Means for Your Solar Panel Pricing
In Iberville Parish, the typical electric bill for an electricity consumer is 147.70, with a typical monthly usage of 1,233 kWh. This data take into account apartments and other smaller housing units with generally lower energy demand.
The electricity rate per kWh in Iberville Parish, LA for November 2024 is on average 11.98¢.
You can expect to pay about $35,900for a 10 kW setup before incentives, but the federal tax credit gives you 30% back, reducing the price to $25,130.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Iberville Parish
Displayed below and to the left is the price structure for various sizes of the solar panel systems set up in Iberville Parish. Even though a larger solar installation has a higher price, it also offers higher electricity savings and more substantial income tax credits.
The solar panel calculator, located down and to the right, provides a detailed cost and benefit analysis based on a typical $147.70 electric bill for Iberville Parish. Just change the $147.70 to your average electricity bill for more precise 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
$15,078
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 4.89 tons a year
Equivalent to planting 225 trees a year
Equivalent to driving 12,111 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,349 a year
Est. Price
$17,591
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 5.71 tons a year
Equivalent to planting 262 trees a year
Equivalent to driving 14,129 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,542 a year
Est. Price
$20,104
Savings from a 8kWthis system
Est. yearly production 12,848 kWh
Est. monthly savings $128
Full payback in 11 years
Environmental Impacts
Reduces CO2 emissions by 6.52 tons a year
Equivalent to planting 300 trees a year
Equivalent to driving 16,147 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,734 a year
Est. Price
$22,617
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 7.34 tons a year
Equivalent to planting 337 trees a year
Equivalent to driving 18,166 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,927 a year
Est. Price
$25,130
Savings from a 10kWthis system
Est. yearly production 16,060 kWh
Est. monthly savings $148
Full payback in 14 years
Environmental Impacts
Reduces CO2 emissions by 7.51 tons a year
Equivalent to planting 345 trees a year
Equivalent to driving 18,601 mi less a year
Iberville Parish Solar Panel Installation Incentives & Rebates | 2024
Eligible rural small businesses and agricultural operations might have their solar or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. If you think you might be eligible, try our REAP Grant eligibility tool to check your qualification.
With the 30% federal income tax credit, nearly all homeowners are eligible for residential solar, making it a practical option in many regions in the United States. Moreover, several state and local efforts are in place to further boost the adoption of solar energy.
Multiple utilities and government bodies in Louisiana have 2 solar rebate and incentive programs.
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 Iberville Parish, LA?
For those in Iberville Parish looking to stay in their homes past the payback period of their solar system, solar panels make excellent sense. By installing a 5 kW solar system in Iberville Parish, LA, you can expect to save around $22,883 over 20 years, with the break even point generally being 7 years.
The cost of not having solar panels in Iberville Parish, LA
The lack of solar panels or another energy backup means you'll forgo the earlier mentioned savings and be entirely reliant on your electric utility for power. The media has highlighted several cases where complete reliance on your utility isn't always the best scenario.
Each year, the utilities in Iberville Parish have reported about 1.39 outages per customer. The typical duration of each outage is 210.24 minutes. When significant events such as equipment failure, landslides or construction accidents occur, these time frames can become much longer.
See the component below to see the number of current electricity customers without power in Iberville Parish.
Even without a backup battery, a solar panel system could relieve the strain of possible future power disruptions you may face.
Power Outages
Currently, 0 customers are being tracked in Iberville Parish.
What impacts the cost of solar panels in Iberville Parish, LA?
Your Energy Needs - Larger solar panel systems have a higher upfront cost, but the cost per watt declines as the system size increases. Individuals often find that installing a solar system that can fully cover their electric bill is very advantageous. This method ensures increased savings.
Make & Model - Just like many products, solar panels are available in a variety of makes and models. The potential system preferences of your chosen installer make it essential to choose a highly rated installer. Choosing superior quality materials can result in a much better long-term experience for the buyer.
Solar Panel Type - For good reasons, monocrystalline panels have become the industry standard. Although they are costlier, they generate increased energy. Most installers utilize panels made of this material.
Your Property - Each property and home has its own unique features. Trees, uneven land, or other challenges may add to the difficulty of the installation. Currently, satellite images allow the majority of solar installers to evaluate your home and include these considerations into the preliminary cost estimate.
Labor Rates - Companies pay different wages to their employees, and these costs are eventually borne by the consumers. Higher reviews for services and customer service are generally associated with businesses that pay higher wages.
Permitting & Interconnection - The cost of installation will be affected by different local permitting and utility interconnection fees. That said, reputable local installers will be able to integrate these numbers into your preliminary quotes so there are no surprises.
See what solar panels cost in other Iberville Parish cities
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Iberville Parish, LA Solar Panel Cost FAQs
The cost per watt for solar panels in Iberville Parish, LA during November of 2024 averages $3.59/W. After federal tax credits, the installation of a 5 kW solar panel system in Iberville Parish, LA is estimated to cost $12,565.
Right now, Louisiana has 2 rebates and incentives available through a variety of utility companies and government entities. Furthermore, almost all individuals are entitled to the 30% federal income tax credit.
Cash payments offer the highest savings, yet numerous financing options now available for solar panels are cost-effective as well. Installers frequently offer financing options and will include them in your initial quotes.
Yes, the average 5 kW solar panel payback period in Iberville Parish, LA stands at 7 years, yielding average electricity savings of $22,883 over 20 years.
Savings from 
Environmental Impacts 
