Solar Panels Cost 14k-23k in Ouachita Parish, LA | November, 2024

Solar Panels Cost $14k-$23k in Ouachita Parish, LA | November, 2024

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How much do solar panels cost in Ouachita Parish, LA in 2024?

Getting solar panels in the month of November, 2024 in Ouachita Parish, LA costs approximately $3.39/W.

It will cost $3,390, on average, for every 1000 watts (1 kW) of capacounty that your solar panels have. On average, the cost for a 5 kW panel install in Ouachita Parish, after the 30% federal tax credit, is approximately $11,865. It's vital to consider that a higher capacity system could be required to fully meet your energy requirements.

On the left, choose your county to see the typical roof size and the maximum generation capacity for solar panels on homes in your area. Below, you'll find a full outline of 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.
Ouachita Parish: $11,865US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Ouachita Parish: 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.
Ouachita Parish: $15,868US Average: $16,169

Solar Potential in Ouachita Parish

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

Roof size 876sq. ft.
Capacity 12.25kW DC
Electricity 14.7kkWh AC per yr.

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

In Ouachita Parish, energy consumers typically see an average electric bill of 136.74 each month, with an average consumption of 1,243 kWh. Flats and other smaller housing units with diminished energy consumption are covered in this number.

The rate of electricity in Ouachita Parish, LA, on average, is 11¢ per kWh in November 2024.

At this time, a 10 kW solar installation will initially set you back around $33,900, but the federal tax credit reduces the price by 30%, making it $23,730.

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Average solar panel costs by system size in Ouachita Parish

To your left, we've provided a full pricing details for the various solar panel system sizes set up in Ouachita Parish. Of course, a more extensive solar system requires a higher upfront cost, but it also translates to increased electricity savings and higher income tax credits.

The solar panel cost and benefit breakdown, shown in the calculator to the right and below, is based on an average electric bill of $136.74 in Ouachita Parish. Just replace the $136.74 with your average electricity bill amount to see more specific results.

System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,060 a year
Est. Price
$14,238
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 5.41 tons a year
  • Equivalent to planting 249 trees a year
  • Equivalent to driving 13,398 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,237 a year
Est. Price
$16,611
Savings from a 7kWthis system
  • Est. yearly production 11,242 kWh
  • Est. monthly savings $103
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 6.32 tons a year
  • Equivalent to planting 290 trees a year
  • Equivalent to driving 15,631 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,413 a year
Est. Price
$18,984
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 7.22 tons a year
  • Equivalent to planting 331 trees a year
  • Equivalent to driving 17,864 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,590 a year
Est. Price
$21,357
Savings from a 9kWthis system
  • Est. yearly production 14,454 kWh
  • Est. monthly savings $132
  • Full payback in 13 years
Environmental Impacts
  • Reduces CO2 emissions by 8.12 tons a year
  • Equivalent to planting 373 trees a year
  • Equivalent to driving 20,098 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,767 a year
Est. Price
$23,730
Savings from a 10kWthis system
  • Est. yearly production 16,060 kWh
  • Est. monthly savings $137
  • Full payback in 14 years
Environmental Impacts
  • Reduces CO2 emissions by 8.4 tons a year
  • Equivalent to planting 386 trees a year
  • Equivalent to driving 20,781 mi less a year

Ouachita Parish Solar Panel Installation Incentives & Rebates | 2024

Eligible rural small businesses and agricultural operations might have their solar energy or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. Believe you might be eligible? Use our REAP Grant eligibility tool to check your eligibility.

With the accessibility of a 30% federal income tax credit, solar energy becomes a viable solution for most homeowners, notably in numerous parts of the country. There are also a range of state and local efforts aimed at boosting solar energy use.

Louisiana has 2 solar rebate and incentive initiatives available from multiple utilities and government 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.

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 Ouachita Parish, LA?

If you're expecting to live in your home past the solar system's payback period, solar panels are a good decision in Ouachita Parish. In Ouachita Parish, LA, a 5 kW solar system installation might save you $20,952.6 on average over 20 years, with a standard break even point of 7 years.

The cost of not having solar panels in Ouachita Parish, LA

The lack of solar panels or an alternative energy backup means you'll forgo the earlier mentioned savings and be completely reliant on your electric utility for power. Recent media examples have shown that full reliance on your utility company isn't always ideal.

There are about 1.39 outages per customer annually in Ouachita Parish. The average duration of each outage is 210.24 minutes. During severe events like lightning strikes, equipment failure, or vandalism, these times can grow significantly longer.

View the graphic below to see the number of current electricity customers without power in Ouachita Parish.

With or without a backup battery, a solar panel system could relieve the stress of future power disruptions you might encounter.

Power Outages

Currently, 0 customers are being tracked in Ouachita Parish.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Ouachita Parish, LA?

Your Energy Needs - The cost per watt is decreased with larger solar panel systems, even though the initial cost is greater. Setting up a solar panel system that can cover the electric bill is advantageous to consumers because of the money saved.

Make & Model - Similar to many other products, there are different makes and models of solar panels and mounting equipment on the market. Your contractor’s potential system preferences make it more important to select a reputable installer. Higher quality makes and models often provide a more positive long-term experience for buyers.

Solar Panel Type - Monocrystalline panels are generally accepted as the standard in the industry, and deservedly so. Even though they are more expensive, they generate more energy. The majority of installers work with panels constructed from this material.

Your Property - No two homes or properties are the same. Elements such as trees, uneven ground, or additional obstacles might complicate the installation process. These days, the majority of solar installers can assess your home with satellite images and factor in these considerations in the preliminary cost estimate.

Labor Rates - Various wages are offered to employees by various companies, and these expenses are transferred to the consumers. Higher wages frequently lead to companies getting better reviews for their work and customer service.

Permitting & Interconnection - Local permitting and utility interconnection fees, which differ by region, will influence your final installation cost. Experienced local installers will incorporate these numbers into your first quotes to avoid any surprises.

See what solar panels cost in other Ouachita Parish cities

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Who are the best solar installers in Ouachita Parish?

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.

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.
  • 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.

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.

Ouachita Parish, LA Solar Panel Cost FAQs

  • In Ouachita Parish, LA, the mean cost per watt for solar panels as recorded in November, 2024 is $3.39/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Ouachita Parish, LA is roughly $11,865.
  • Homeowners in Louisiana can take advantage of 2 different rebates and incentives from a variety of utility companies and government agencies. Additionally, almost everyone is entitled to the 30% federal income tax credit.
  • Although cash payments yield the greatest savings, numerous financing options for solar panels now exist that are also cost-effective. Many installers will detail information about their financing partners in the initial quotes they provide.
  • Yes, the average 5 kW solar panel payback time in Ouachita Parish, LA is 7 years, with expected savings of $20,952.6 on electricity over 20 years.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-11-04