Solar Panels Cost 15k-26k in Madisonville, LA | August, 2025

Solar Panels Cost $15k-$26k in Madisonville, LA | August, 2025

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How much do solar panels cost in Madisonville, LA in 2025?

Currently, in Madisonville, LA in the month of August, 2025, the price per each watt of solar panels is $3.8/W.

It will cost you $3,800, on average, for every 1K (or 1000 watts) of capacity that your solar panels have. After deducting the 30% federal tax credit, a 5 kW system in Madisonville typically costs $13,300. Please note that a larger system might be essential to ensure your energy needs are met.

To your left, you have the option to choose your county and view the typical roof size along with the average maximum capacity for solar panel installations on homes in your area. The following analysis, below, highlights 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.
Madisonville: $13,300US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Madisonville: 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.
Madisonville: $17,569US Average: $17,429

Solar Potential in Madisonville

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

Roof size 965sq. ft.
Capacity 13.5kW DC
Electricity 16.7kkWh AC per yr.

Electricity Costs in Madisonville, LA & What that Means for Your Solar Panel Pricing

Energy consumers in Madisonville usually pay $152.37 per month for electricity, consuming an typical of 1,231 kWh. Compact dwellings, such as condos and apartments, are also encompassed in the figures noted in the previous sentence.

The rate of electricity in Madisonville, LA, on average, is 12.38¢ per kWh in August 2025.

If you’re an average energy user in Madisonville you need a 10 kW or higher sized system to cover your full electricity demands. The price of aa 10 kW solar installation is approximately $38,000 initially, but with a 30% tax credit, the total cost drops to $26,600.

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Average solar panel costs by system size in Madisonville

To the left below, you'll find the cost breakdown for various sizes of the solar panel systems installed in Madisonville. A bigger solar array will expectedly cost more, but it will also provide more significant electricity savings and increased income tax credits.

The calculator to the right and below provides a detailed summary of solar panel costs and benefits, based on an average electric bill of $152.37 in Madisonville. For a more accurate estimate, change the $152.37 with your usual electricity bill amount.

System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,156 a year
Est. Price
$15,960
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 4.94 tons a year
  • Equivalent to planting 227 trees a year
  • Equivalent to driving 12,221 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,349 a year
Est. Price
$18,620
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 5.76 tons a year
  • Equivalent to planting 265 trees a year
  • Equivalent to driving 14,258 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,542 a year
Est. Price
$21,280
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 6.58 tons a year
  • Equivalent to planting 302 trees a year
  • Equivalent to driving 16,294 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,734 a year
Est. Price
$23,940
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 7.41 tons a year
  • Equivalent to planting 340 trees a year
  • Equivalent to driving 18,331 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,927 a year
Est. Price
$26,600
Savings from a 10kWthis system
  • Est. yearly production 16,060 kWh
  • Est. monthly savings $152
  • Full payback in 15 years
Environmental Impacts
  • Reduces CO2 emissions by 7.79 tons a year
  • Equivalent to planting 358 trees a year
  • Equivalent to driving 19,277 mi less a year

Madisonville Solar Panel Installation Incentives & Rebates | 2025

Eligible rural small businesses and farmlands might have their solar energy or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. Think you are eligible? Use our REAP Grant eligibility tool to verify your qualification.

With the 30% federal income tax credit, nearly all homeowners qualify for residential solar, making it a practical option in many regions in the United States. Furthermore, many state and local programs are intended to encourage more people to use solar power.

Residents of Louisiana can access 1 solar rebate and incentive programs from a range of utilities and governmental agencies.

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.

Are solar panels worth it in Louisiana?

If your intention is to stay in your home beyond the solar payback period, choosing solar panels is a good option in Madisonville. A 5 kW solar system in Madisonville, LA could potentially save you $23,268.8 over the course of 20 years, with the break even point typically at 7 years.

The cost of not having solar panels in Madisonville, LA

Beyond forgoing the savings highlighted above, the absence of solar panels or another backup energy solution leads to total dependency on your electric utility for power. Many recent news reports have highlighted that relying entirely on your utility isn't always ideal.

Lately, the average number of utility outages per customer annually in St. Tammany Parish has been about 1.31. On average, an outage lasts 386.6 minutes. Major events such as earthquakes, aging infrastructure, or planned maintenance can significantly extend these time frames.

A solar energy system, regardless of whether it has a backup battery or not, should help relieve the strain of future power outages you may face.

Power Outages

Currently, 0 customers are being tracked in St. Tammany Parish.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Madisonville, LA?

Your Energy Needs - Larger solar panel setups come with a greater price tag, yet the cost per watt reduces as the size of the system expands. A lot of people find it useful to set up a solar energy system that can offset their entire electric bill. This ensures optimal savings.

Make & Model - Solar panels are offered in a range of makes and models. The installer you select may have certain system preferences, so it's important to select a reputable installer. For buyers desiring a superior long-term experience, choosing better quality makes and models is important.

Solar Panel Type - For good reasons, monocrystalline panels have become the standard in the industry. These panels are more expensive but generate more energy. The majority of installers in the industry use panels made of this material.

Your Property - Each property and home is one of a kind. Trees, uneven ground, or additional hindrances can increase the difficulty of installing solar panels. Using satellite images, solar installers currently can assess your home and include these elements into the preliminary cost estimate.

Labor Rates - Various wages are paid to employees by various companies, and these expenses are passed on to the consumers. It is frequently observed that companies with higher wages get superior reviews for their services and customer service.

Permitting & Interconnection - Your installation cost will be impacted by area-specific permitting and utility interconnection fees. That said, experienced 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 LA cities

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Who are the best solar installers in Madisonville?

Bay4 Energy

Safety Harbor, FL(727) 216-4000

Services

  • Reparation of solar arrays.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Solar Alternatives

New Orleans, LA(504) 294-3650

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Inman Solar

Atlanta, GA(800) 899-5261

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.

Fastrac Energy Services

Houston, TX(832) 413-0707

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Consulting on all things solar related.

RES

Denver, CO(303) 439-4200

Services

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

Radiance Solar

Marietta, GA(404) 885-9898

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Monitoring of independent energy generation.

EDF Renewables

San Diego, CA(888) 903-6926

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

PPM Solar

Gainesville, FL(866) 828-3337

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Go Solar Power

West Palm Beach, FL(877) 558-1882

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.

UGE

New York, NY(917) 720 5685

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.

Dividend Finance

Cincinnati, OH(415) 805-7000

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

JEH Solar

Lafayette, LA(337) 277-0037

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

KNS Solar

Houston, TX(877) 567-7788

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Standard Solar

Rockville, MD(888) 474-3843

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Pivot Energy

Denver, CO(888) 734-3033

Services

  • Installation 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.

Unirac

Albuquerque, NM(505) 242-6411

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Sunnova Energy

Houston, TX(866) 786-6682

Services

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

Enphase Energy

Fremont, CA(877) 797-4743

Services

  • Installation 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.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Lightsource BP

San Francisco, CA(333) 200-0755

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.

LightEdison

Denver, CO(888) 966-6377

Services

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

RBT Electric

Sacramento, CA(800) 661-5006

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.

SepiSolar

Menlo Park, CA(510) 940-9750

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Acadiana Solar

Duson, LA(337) 989-9857

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Adopt-A-Contractor

Miami, FL

Services

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

Bayou Solar

Elmwood CDP, LA(504) 273-0490

Services

  • Installation of solar arrays.
  • Reparation 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.

BS Global

Plano, TX

Services

  • Installation of solar arrays.
  • Auditing of energy requirements for independent energy generation.
  • Expertise in consulting on advantageous financing for solar.

Cleanleaf Energy

Irving, TX

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

dGEN Energy Partners

Sheridan, WY(787) 806-5569

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

DSD Renewables

Schenectady, NY(518) 949-0165

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Eave Solar

American Fork, UT(385) 483-3939

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

EnerG

Dallas, TX(469) 715-4407

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.

EverBright

Juno Beach, FL(833) 830-0475

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Glyde Solar

Westminster, CO(888) 444-5936

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

GoodLeap

Roseville, CA(844) 562-6725

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

GreenStruxure

Andover CDP, MA(978) 735-1908

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

infEnergy

St. Petersburg, FL(727) 201-1365

Services

  • Installation of solar arrays.
  • Consulting on all things solar related.

J&B Solar

Melbourne, FL(321) 735-4363

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

KPost Roofing & Waterproofing

Dallas, TX(469) 819-4095

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

LGCY Power

Lehi, UT(855) 282-1750

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Consulting on all things solar related.

Neosun Energy

Burbank, CA(310) 800-2441

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

MARS Energy

Rocklin, CA(833) 663-9496

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

NextEra Energy

Juno Beach, FL(561) 691-7171

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Solar systems for selling electricity back to the grid.

O3 Energy

Dallas, TX(888) 999-2902

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Auditing of energy requirements for independent energy generation.
  • Expertise in consulting on advantageous financing for solar.

Paxton Energy

Los Angeles, CA(818) 280-3973

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Pearce Services

El Paso de Robles (Paso Robles), CA(805) 467-2528

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Solar systems for selling electricity back to the grid.

Posigen

Baton Rouge, LA(866) 767-4436

Services

  • Installation 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.

Project Solar

Lehi, UT(801) 895-2646

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Pulse Turnkey

Fort Worth, TX(817) 583-8269

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Quick Roofing

Kennedale, TX(817) 477-0999

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

ReNew Solar

Nashville, TN(615) 617-6470

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Rhino Energy Solutions

Edmond, OK(405) 314-9367

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Shine Solar

Rogers, AR(844) 807-4463

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

Everbright

(877) 425-5201

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Smart Solar Pros

Austin, TX(210) 570-7677

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Smooth Solar Power

Dallas, TX(866) 210-6654

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Soar Energy Solutions

Phoenix, AZ(800) 971-3361

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Solar Direct

Sarasota, FL(941) 359-8228

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Solar-Link

Nacogdoches, TX(936) 800-2010

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Consulting on all things solar related.

SOLARIT

(855) 917-6527

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.

Soligent

Dallas, TX(800) 967-6917

Services

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

South Coast Solar

Metairie CDP, LA(504) 529-7869

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Consulting on all things solar related.

SunUp Solar

Long Beach, CA(623) 526-9123

Services

  • Installation 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.

Suntek Solar Energy

(877) 786-8350

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Supplied Energy

(800) 561-9714

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Synergy

Plymouth CDP, MA(800) 570-7166

Services

  • Installation of solar arrays.
  • Consulting on all things solar related.

Texas Solar Group

Garland, TX(469) 581-8881

Services

  • Installation of solar arrays.
  • Reparation 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.
  • Consulting on all things solar related.

Thrive

Irvine, CA

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

URJAGRID

Fremont, CA

Services

  • Installation of solar arrays.

Volta Solar

Rancho Cordova, CA(916) 861-7800

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

VTL Energy

Orlando, FL

Services

  • Installation of solar arrays.

Madisonville, LA Solar Panel Cost FAQs

  • As of August, 2025, the average per-watt cost for solar panels in Madisonville, LA is $3.8/W. In Madisonville, LA, installing a 5 kW solar panel system will set you back approximately $13,300 after federal tax incentives.
  • There are 1 rebates and incentives available in Louisiana from a range of utility providers and government organizations. On top of that, most individuals are eligible for the 30% federal income tax credit.
  • While cash payments offer the most savings, there are now many financing options for solar panels that are also financially beneficial. Financing partners are often associated with many installers, and this will be provided in your initial quotes.
  • Yes, the average 5 kW solar panel payback period in Madisonville, LA stands at 7 years, yielding average electricity savings of $23,268.8 over 20 years.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2025-02-04