Solar Panels Cost $14k-$24k in Lafourche Parish, LA | November, 2024
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How much do solar panels cost in Lafourche Parish, LA in 2024?
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Getting solar panels costs about $3.54/W in November, 2024 in Lafourche Parish, LA.
Using this rate per watt, expect the price to be $3,540, on average, for every 1000 watts (or 1 kW) of solar energy your system will need to produce. With a 30% federal tax credit, the average expense for a 5 kW system in Lafourche Parish is about $12,390. A larger system may be required to ensure your energy needs are met.
To the left, you have the option to select your county and find out the average roof size along with the average maximum capacity for residential solar in homes in your area. Displayed below is a summary 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.
Lafourche Parish: $12,390US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Lafourche 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.
Lafourche Parish: $15,334US Average: $16,169
Solar Potential in Lafourche Parish
Estimated system size and solar electricity production per median viable roof in Lafourche Parish.
Roof size 1,001sq. ft.
Capacity 14kW DC
Electricity 17.7kkWh AC per yr.
Electricity Costs in Lafourche Parish, LA & What that Means for Your Solar Panel Pricing
The average electric bill for an electricity consumer in Lafourche Parish is 137.64 and the average number of kWh used each month per household is 1,245. Small houses, such as studios and apartments, are also factored in the numbers cited in the prior sentence.
Lafourche Parish, LA's electricity rate is 11.06¢ per kWh in November 2024.
The estimated cost for a 10 kW solar panel installation will be $35,400 before incentives, but after a 30% federal tax credit, the price is $24,780.
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Average solar panel costs by system size in Lafourche Parish
On the left, you will find a cost breakdown for various solar panel system sizes installed in Lafourche Parish. The initial cost for bigger solar systems is larger, but they also offer more significant electricity savings and higher income tax credits.
View a cost benefit analysis in the solar panel cost calculator down and to the right, for an average electric bill of $137.64 in Lafourche Parish. For results that are customized, change the $137.64 to reflect your average electricity bill.
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 $1,060 a year
Est. Price
$14,868
Savings from a 6kWthis system
Est. yearly production 9,636 kWh
Est. monthly savings $88
Full payback in 9 years
Environmental Impacts
Reduces CO2 emissions by 5.05 tons a year
Equivalent to planting 232 trees a year
Equivalent to driving 12,497 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,237 a year
Est. Price
$17,346
Savings from a 7kWthis system
Est. yearly production 11,242 kWh
Est. monthly savings $103
Full payback in 11 years
Environmental Impacts
Reduces CO2 emissions by 5.89 tons a year
Equivalent to planting 271 trees a year
Equivalent to driving 14,580 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,413 a year
Est. Price
$19,824
Savings from a 8kWthis system
Est. yearly production 12,848 kWh
Est. monthly savings $118
Full payback in 12 years
Environmental Impacts
Reduces CO2 emissions by 6.73 tons a year
Equivalent to planting 309 trees a year
Equivalent to driving 16,663 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,590 a year
Est. Price
$22,302
Savings from a 9kWthis system
Est. yearly production 14,454 kWh
Est. monthly savings $132
Full payback in 14 years
Environmental Impacts
Reduces CO2 emissions by 7.57 tons a year
Equivalent to planting 348 trees a year
Equivalent to driving 18,746 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,767 a year
Est. Price
$24,780
Savings from a 10kWthis system
Est. yearly production 16,060 kWh
Est. monthly savings $138
Full payback in 15 years
Environmental Impacts
Reduces CO2 emissions by 7.89 tons a year
Equivalent to planting 362 trees a year
Equivalent to driving 19,525 mi less a year
Lafourche Parish Solar Panel Installation Incentives & Rebates | 2024
Eligible rural small businesses and agricultural operations might have their photovoltaic or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. Believe you fit the criteria? Confirm your eligibility with our REAP Grant eligibility tool.
Homeowners can take advantage of a 30% federal income tax credit for setting up residential solar panels, which makes solar power a feasible option in much of the country. Together with federal efforts, state and local programs help to support the use of solar power.
Louisiana features 2 solar rebate and incentive initiatives provided by multiple utilities and government organizations.
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 Lafourche Parish, LA?
If you plan living in your home longer than the solar system's payback period, installing solar panels is an smart decision in Lafourche Parish. If you install a 5 kW solar system in Lafourche Parish, LA, you might save $20,643.6 over 20 years on average, with a break even point at approximately 8 years.
The cost of not having solar panels in Lafourche Parish, LA
The absence of solar panels or an alternative energy backup means that you forgo the savings mentioned earlier and are wholly reliant on your electric utility for electricity. As shown by numerous recent news reports, complete dependence on your utility is not always ideal.
On average, customers in Lafourche Parish have faced 1.39 utility outages per year over the past few years. The typical duration of each outage is 210.24 minutes. When significant events such as lightning strikes, overloaded power grids, or planned maintenance occur, these time frames can become much longer.
Take a look at the component below to see the number of current electricity customers without power in Lafourche Parish.
A solar energy system could reduce the effects of future outages, whether or not it has a backup battery.
Power Outages
Currently, 0 customers are being tracked in Lafourche Parish.
What impacts the cost of solar panels in Lafourche Parish, LA?
Your Energy Needs - Investing in larger solar panel systems costs more upfront, but the price per watt is decreased as the system size grows. Installing a solar panel system that can cover the electric bill is useful to individuals because of the reduced long-term costs.
Make & Model - Just like other products, solar panels come in a wide variety of makes and models. The system preferences of your chosen installer can make it essential to choose a reputable company. Opting for better quality equipment can provide a much better long-term experience for the buyer.
Solar Panel Type - For valid reasons, monocrystalline panels have become the standard in the industry. They are costlier but provide more energy. Many professionals in solar installation work with panels made from this material.
Your Property - Every home and property differs in its own way. Challenges such as sloping terrain, trees, or other considerations can increase the difficulty of installing solar panels. Solar installers now have the ability to leverage satellite images to evaluate your home and include these considerations in the initial cost estimate.
Labor Rates - The pay employees receive from their employers differ, and these expenses are borne by the consumers. Paying higher wages frequently results in companies receiving better reviews for their work and customer service.
Permitting & Interconnection - Permitting and utility interconnection fees differ locally and will influence your installation cost. Quality local installers will integrate these numbers into your initial quotes to avoid any surprises.
See what solar panels cost in other Lafourche Parish cities
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Lafourche Parish, LA Solar Panel Cost FAQs
In November, 2024, the typical price per watt for solar panels in Lafourche Parish, LA is $3.54/W. The approximate cost of a 5 kW solar panel system in Lafourche Parish, LA, after deducting federal tax credits, is $12,390.
Utilities and government agencies in Louisiana are currently offering 2 different rebates and incentives. Furthermore, the majority of people qualify for the 30% federal tax credit.
Paying cash offers the highest savings, but there are now numerous financing options for solar panels that are also financially beneficial. Installers frequently provide financing options and will specify them in your initial quotes.
Yes, the average 5 kW solar panel payback time in Lafourche Parish, LA is 8 years, with expected savings of $20,643.6 on electricity over 20 years.
Savings from 
Environmental Impacts 
