Solar Panels Cost $9.8k-$19k in Orleans Parish, LA | December, 2024
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How much do solar panels cost in Orleans Parish, LA in 2024?
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The average cost per watt for solar panels in Orleans Parish, LA in December, 2024 is estimated at $3.53/W.
For every 1000 watts (1 kW) your solar panel system can produce, you will need to spend, on average, $3,530 to have it installed. When you deduct the 30% federal tax credit, you will pay approximately $12,355, in Orleans Parish, for a 5 kW solar installation. A larger system may be required to adequately cover your energy consumption.
To the left, you can select your county to find the typical roof size and average maximum capacity for solar panels on homes in your area. Outlined below are 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.
Orleans Parish: $12,355US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Orleans 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.
Orleans Parish: $14,973US Average: $16,152
Solar Potential in Orleans Parish
Estimated system size and solar electricity production per median viable roof in Orleans Parish.
Roof size 983sq. ft.
Capacity 13.75kW DC
Electricity 17.8kkWh AC per yr.
Electricity Costs in Orleans Parish, LA & What that Means for Your Solar Panel Pricing
The average electricity bill for a Orleans Parish resident is 135.93, with a monthly consumption of 1,037 kWh. Small houses, such as condos and duplexes, are also covered in the statistics cited in the preceding sentence.
The average electricity rate in Orleans Parish, LA in December 2024 is 13.11¢ per kWh.
At the moment, an 8 kW solar panel system will initially set you back around $28,240, but the 30% federal income tax credit reduces the total to $19,768.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Orleans Parish
On the left and below, there is the cost breakdown for different sizes of the solar panel systems installed in Orleans Parish. Although a more extensive solar installation has a larger expense, it also brings increased electricity savings and higher income tax credits.
The solar panel calculator, located below and to the right, provides a detailed cost and benefit analysis based on a typical $135.93 electric bill for Orleans Parish. Swap the $135.93 with your average electricity bill for more accurate results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $814 a year
Est. Price
$9,884
Savings from a 4kWthis system
Est. yearly production 6,263 kWh
Est. monthly savings $68
Full payback in 6 years
Environmental Impacts
Reduces CO2 emissions by 4.01 tons a year
Equivalent to planting 184 trees a year
Equivalent to driving 9,920 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,018 a year
Est. Price
$12,355
Savings from a 5kWthis system
Est. yearly production 7,829 kWh
Est. monthly savings $85
Full payback in 8 years
Environmental Impacts
Reduces CO2 emissions by 5.01 tons a year
Equivalent to planting 230 trees a year
Equivalent to driving 12,400 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,221 a year
Est. Price
$14,826
Savings from a 6kWthis system
Est. yearly production 9,395 kWh
Est. monthly savings $102
Full payback in 9 years
Environmental Impacts
Reduces CO2 emissions by 6.01 tons a year
Equivalent to planting 276 trees a year
Equivalent to driving 14,880 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,425 a year
Est. Price
$17,297
Savings from a 7kWthis system
Est. yearly production 10,960 kWh
Est. monthly savings $119
Full payback in 11 years
Environmental Impacts
Reduces CO2 emissions by 7.01 tons a year
Equivalent to planting 322 trees a year
Equivalent to driving 17,360 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,628 a year
Est. Price
$19,768
Savings from a 8kWthis system
Est. yearly production 12,526 kWh
Est. monthly savings $136
Full payback in 12 years
Environmental Impacts
Reduces CO2 emissions by 8.02 tons a year
Equivalent to planting 368 trees a year
Equivalent to driving 19,841 mi less a year
Orleans Parish Solar Panel Installation Incentives & Rebates | 2024
For rural agricultural enterprises and small businesses, the REAP Grant might currently cover between 80% and 100% of the expenses for installing photovoltaic or wind energy systems. Wondering about your eligibility? Use our REAP Grant eligibility tool to find out.
For residential solar projects, most people are eligible for the 30% federal income tax credit, which makes solar a practical solution in various parts of the country. State and local efforts are also in place to enhance the growth of solar energy use.
Louisiana has 2 solar rebate and incentive initiatives offered by various 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 Orleans Parish, LA?
For homeowners in Orleans Parish expecting to remain in their homes after the payback period for solar panels, solar energy is a sensible choice. By installing a 5 kW solar system in Orleans Parish, LA, you can expect to save around $20,268.2 over 20 years, with the break even point generally being 8 years.
The cost of not having solar panels in Orleans Parish, LA
In addition to forgoing the savings outlined above, not installing solar panels or an alternative backup energy source results in total reliance on your electric utility for electricity. As recent examples in the news have shown, total dependence on your utility provider isn't always the best idea.
Recently, the average number of utility outages per customer annually in Orleans Parish has been about 1.39. On average, an outage lasts 191.34 minutes. Major events such as equipment failure, earthquakes or wildlife damage can significantly extend these time frames.
Take a look at the graphic below to see the number of current electricity customers without power in Orleans Parish.
Having a solar panel system, regardless of whether it has a backup battery, could relieve the pressure of future outages you might face.
Power Outages
Currently, 0 customers are being tracked in Orleans Parish.
What impacts the cost of solar panels in Orleans Parish, LA?
Your Energy Needs - Larger solar panel systems require more upfront investment, but the cost per watt decreases as the size of the system grows. Setting up a solar panel system that can replace the electric bill is beneficial to individuals because of the savings gained.
Make & Model - There are a range of makes and models of solar panels. The preferences for brand that your contractor has may make it crucial to select a recommended contractor. For consumers seeking a better long-term experience, opting for higher quality materials is important.
Solar Panel Type - It's obvious why monocrystalline panels are now the standard in the industry. They are more expensive but provide more energy. Most professionals in solar installation use panels made from this material.
Your Property - Each home and property is unique in its own way. Uneven landscapes, trees, or other challenges may complicate the installation. Using satellite imagery, solar installers can currently assess your home and include these factors into the preliminary cost estimate.
Labor Rates - The different employee wages offered by companies result in costs that consumers eventually paying . Higher reviews for services and customer service are generally associated with businesses that pay higher wages.
Permitting & Interconnection - The cost of installation will be influenced by varying local permitting and utility interconnection fees. Reliable local installers will build these figures into your initial estimates to eliminate any surprises.
See what solar panels cost in other Orleans Parish cities
In December, 2024, the average cost of solar panels per watt in Orleans Parish, LA is $3.53/W. The cost of installing a 5 kW solar panel system in Orleans Parish, LA is about $12,355post federal tax credit.
Louisiana offers 2 different rebates and incentives from a range of utilities and government organizations. Furthermore, almost all individuals are entitled to the 30% federal income tax credit.
Opting for cash payments yields the highest savings, but there are now various financing options for solar panels that are beneficial. Installers will often provide details on financing partners in the quotes they provide initially.
Yes, the typical duration for 5 kW solar panel systems to pay back their cost in Orleans Parish, LA is 8 years, with electricity savings estimated at $20,268.2 over 20 years.
Savings from 
Environmental Impacts 
