Solar Panel Costs in Lafayette, LA from $15k-$26k | 2024

Solar Panels Cost $15k-$26k in Lafayette | July 2024

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How much do solar panels cost in Lafayette, LA in 2024?

In Lafayette, an average home needs a 10kW solar system in order cover most of their electricity needs. Given the average residential price-per-watt of $3.73 in Lafayette, a 10kW system can cost around $37,300 depending on applicable rebates and other factors.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Lafayette: $18,650US Average: $18,107
Average Payback Period The number of years until you break even on the solar investment.
Lafayette: 11 yearsUS Average: 11 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Lafayette: $15,063US Average: $15,018

Solar Potential in Lafayette

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

Roof size 1,037sq. ft.
Capacity 14.5kW DC
Electricity 18.5kkWh AC per yr.

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Average solar panel costs by system size in Lafayette

Get the most value out of your roof by comparing the different benefits a given system size has.

System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,033 a year
Est. Price
$22,380
Savings from a 6kWthis system
  • Est. yearly production 9,388 kWh
  • Est. monthly savings $86
  • Full payback in 22 years
Environmental Impacts
  • Reduces CO2 emissions by 4.87 tons a year
  • Equivalent to planting 224 trees a year
  • Equivalent to driving 12,060 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,205 a year
Est. Price
$26,110
Savings from a 7kWthis system
  • Est. yearly production 10,953 kWh
  • Est. monthly savings $100
  • Full payback in 22 years
Environmental Impacts
  • Reduces CO2 emissions by 5.68 tons a year
  • Equivalent to planting 261 trees a year
  • Equivalent to driving 14,070 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,377 a year
Est. Price
$29,840
Savings from a 8kWthis system
  • Est. yearly production 12,518 kWh
  • Est. monthly savings $115
  • Full payback in 22 years
Environmental Impacts
  • Reduces CO2 emissions by 6.5 tons a year
  • Equivalent to planting 298 trees a year
  • Equivalent to driving 16,080 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,549 a year
Est. Price
$33,570
Savings from a 9kWthis system
  • Est. yearly production 14,082 kWh
  • Est. monthly savings $129
  • Full payback in 22 years
Environmental Impacts
  • Reduces CO2 emissions by 7.31 tons a year
  • Equivalent to planting 336 trees a year
  • Equivalent to driving 18,091 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,721 a year
Est. Price
$37,300
Savings from a 10kWthis system
  • Est. yearly production 15,647 kWh
  • Est. monthly savings $140
  • Full payback in 22 years
Environmental Impacts
  • Reduces CO2 emissions by 7.93 tons a year
  • Equivalent to planting 364 trees a year
  • Equivalent to driving 19,620 mi less a year

Lafayette Solar Panel Installation Incentives & Rebates | 2024

Lafayette has 1 rebates and tax credits that you may be eligable for. Visit the official links for more details to see if you apply.

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.

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Lafayette Solar Panel Cost FAQs

  • As a general rule, unless there are local limitations, the main limitations to the amount of solar panels you can put on your roof are the available space on your roof, your electricity usage, your providers net metering rules, and the limitations of your house hold electrical system.
  • Based on our research the average price per installed watt is $3.73 in Lafayette. This means for a 10kW system you can expect to pay $37,300 though pricing can vary significantly between installers based on the projects requirements.
  • Based on a Zillow research study from 2019, home with solar panels sell for roughly 4.1% more.
  • To generate the most power, solar panels in the United States should face true south as this generally results in the solar panels receiving the most light each day throughout the course of the year. That said, given that energy prices are often variable throughout the day, your installer may recommend you rotate your panels slightly so that the panels will receive more light at the end of the day when energy prices can be more expensive. That said, for most consumers the positioning of solar panels is highly dependent on your home's roof.
  • Based on our continuously updated database of solar installers, we have found 18 verified solar install companies in Lafayette

Who are the best solar installers in Lafayette?

Go Solar Power

Boca Raton, FL(800) 530-9597

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.

JEH Solar

Lafayette, LA(337) 277-0037

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.

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.
  • Expertise in consulting on advantageous financing for solar.

LightEdison

Denver, CO(888) 966-6377

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-07-17