Solar Panels Cost $12k-$22k in Lincoln Parish, LA | November, 2024
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How much do solar panels cost in Lincoln Parish, LA in 2024?
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Going solar costs approximately $3.59/W in November, 2024 in Lincoln Parish, LA.
Or in other words, solar panels will cost you about $3,590 per 1 kW (or 1000 watts) of generation capacounty. Applying the 30% federal tax credit, the typical price for a 5 kW system in Lincoln Parish is around $12,565. It's important to consider that a higher capacity system may be required to meet your energy needs.
By selecting your county on the left, you can determine the typical roof size and the average maximum capacity for residential solar panel systems in your area. You can also see an analysis of the costs, payback period and 20 year average savings for a 5 kW system installed in your county below.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Lincoln Parish: $12,565US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Lincoln 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.
Lincoln Parish: $12,700US Average: $16,169
Solar Potential in Lincoln Parish
Estimated system size and solar electricity production per median viable roof in Lincoln Parish.
Roof size 965sq. ft.
Capacity 13.5kW DC
Electricity 16.7kkWh AC per yr.
Electricity Costs in Lincoln Parish, LA & What that Means for Your Solar Panel Pricing
For Lincoln Parish energy consumers, the typical monthly kWh usage is 1,189, with an average electric bill of 127.71. Apartments and compact residences, which usually have diminished energy requirements, are covered in this statistic.
In November 2024, Lincoln Parish, LA's average electricity rate amounts to 10.74¢ per kWh.
At first, a 9 kW solar panel installation is priced at $32,310, but after a 30% tax credit, the final price is $22,617.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Lincoln Parish
Available below and to the left is the pricing breakdown for multiple sizes of the solar panel systems set up in Lincoln Parish. Of course, a larger solar system means a greater upfront cost, but it also results in increased electricity savings and more substantial income tax credits.
In the solar panel cost calculator situated below and to the right, you can examine a cost and benefit breakdown to match an average $127.71 electric bill in Lincoln Parish. Change the $127.71 with your average electricity bill to get more detailed results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $883 a year
Est. Price
$12,565
Savings from a 5kWthis system
Est. yearly production 8,030 kWh
Est. monthly savings $74
Full payback in 8 years
Environmental Impacts
Reduces CO2 emissions by 4.46 tons a year
Equivalent to planting 205 trees a year
Equivalent to driving 11,051 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,060 a year
Est. Price
$15,078
Savings from a 6kWthis system
Est. yearly production 9,636 kWh
Est. monthly savings $88
Full payback in 10 years
Environmental Impacts
Reduces CO2 emissions by 5.36 tons a year
Equivalent to planting 246 trees a year
Equivalent to driving 13,261 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,237 a year
Est. Price
$17,591
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 6.25 tons a year
Equivalent to planting 287 trees a year
Equivalent to driving 15,471 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,413 a year
Est. Price
$20,104
Savings from a 8kWthis system
Est. yearly production 12,848 kWh
Est. monthly savings $118
Full payback in 13 years
Environmental Impacts
Reduces CO2 emissions by 7.14 tons a year
Equivalent to planting 328 trees a year
Equivalent to driving 17,682 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,590 a year
Est. Price
$22,617
Savings from a 9kWthis system
Est. yearly production 14,454 kWh
Est. monthly savings $128
Full payback in 15 years
Environmental Impacts
Reduces CO2 emissions by 7.76 tons a year
Equivalent to planting 357 trees a year
Equivalent to driving 19,217 mi less a year
Lincoln Parish Solar Panel Installation Incentives & Rebates | 2024
With the REAP Grant, up to 100% and no less than 80% of the installation costs for solar or wind turbines may be covered for rural small business owners and farmers. If you believe yourself eligible, we recommend utilizing our REAP Grant eligibility tool to confirm your qualification.
Almost all homeowners can qualify for the 30% federal income tax credit for residential solar, making solar energy a sensible option in most parts of the country. Besides the federal incentives, state and local programs also work to boost solar energy uptake.
Multiple utilities and governmental bodies in Louisiana offer 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 Lincoln Parish, LA?
If your intention is to stay in your home beyond the solar payback period, installing solar panels is a smart option in Lincoln Parish. With a 5 kW solar system in Lincoln Parish, LA, the average savings over a 20 period is $18,085.4, with break even generally occurring at 8 years.
The cost of not having solar panels in Lincoln Parish, LA
Without solar panels or another energy backup source, you lose out on the savings highlighted earlier and are completely dependent on your electric utility for power. Total dependence on your utility provider is not always ideal, as recent examples in the news have highlighted.
Residents in Lincoln Parish have seen an average of 1.39 utility outages per year in recent times. The average length of an outage is 210.24 minutes. In events like grid management errors, landslides or planned maintenance, this duration can extend significantly.
See the graphic below to see the number of current electricity customers without power in Lincoln Parish.
A solar panel system could alleviate the burden of future outages, even if it doesn't have a backup battery.
Power Outages
Currently, 0 customers are being tracked in Lincoln Parish.
What impacts the cost of solar panels in Lincoln Parish, LA?
Your Energy Needs - The cost per watt decreases with larger solar panel systems, even if the upfront cost is greater. Setting up a solar system that produces sufficient electricity to eliminate their electric bill is advantageous to most individuals, ensuring savings.
Make & Model - Just like many products, solar panels are offered in a wide variety of makes and models. Given the certain brand preferences an installer might have, choosing a highly rated installer is crucial. For buyers seeking a better long-term experience, choosing superior quality models is critical.
Solar Panel Type - The industry standard is now monocrystalline panels, and rightly so. Even though they are costlier, they provide more energy. The majority of installers work with panels made from this material.
Your Property - Challenges like trees, sloping terrain, or additional obstacles can increase the difficulty of installing solar panels. Nowadays, solar installers frequently leverage satellite images to assess your home and incorporate these elements into the initial cost estimate.
Labor Rates - Differences in employee wages across companies result in expenses that are transferred to the consumers. Reviews for work and customer service are often higher for businesses that pay higher wages.
Permitting & Interconnection - Installation costs will be affected by regularly changing local permitting and utility interconnection fees, depending on the region. Good local installers will integrate these figures into your first estimates to prevent any surprises.
See what solar panels cost in other Lincoln Parish cities
Solar systems for selling electricity back to the grid.
Consulting on all things solar related.
Lincoln Parish, LA Solar Panel Cost FAQs
During November, 2024, the average price for solar panel installations in Lincoln Parish, LA is $3.59/W. The installation of a 5 kW solar panel system in Lincoln Parish, LA will cost about $12,565 after federal tax credits.
There are 2 rebates and incentives available in Louisiana from a range of utility providers and government organizations. Additionally, almost everyone is entitled to the 30% federal income tax credit.
Paying cash offers the most savings, yet there are several financing options available today for solar panels that are also beneficial. Many installers work with financing partners and will provide this information in your initial quotes.
Yes, in Lincoln Parish, LA, the average payback period for 5 kW solar panels is 8 years, resulting in average electricity savings of $18,085.4 over 20 years.
Savings from 
Environmental Impacts 
