Cost Of Solar Panels In Louisiana

This term tells us as at what time you will recover your initial investment through electricity savings from your solar system.

Cost of solar panels in louisiana.

Solar panel cost data louisiana 2020 updated. This is the estimated cost of installing a 6kw solar system before deducting solar tax credits. A typical 6000 watt 6 kw solar system is 23 955before the federal solar credit and 17 727after claiming the federal solar tax credit. How much do solar panels cost in louisiana.

Solar panels in louisiana cost about 20 162 with average prices for a solar panel system ranging from 18 622 22 077 in the us for 2020 according to solarreviews. After accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you ll pay for solar can fall by thousands of dollars. August 29 2020 as of sep 2020 the average cost of solar panels in louisiana is 2 38 per watt making a typical 6000 watt 6 kw solar system 10 558 after claiming the 26 federal solar tax credit now available. Given a solar panel system size of 5 kilowatts kw an average solar installation in louisiana ranges in cost from 12 580 to 17 020 with the average gross price for solar in louisiana coming in at 14 800.

The average cost of a solar installation is around 20 000 for a 5kw panel array. On a cost per watt w basis a solar panel installation in louisiana ranges in price from 2 47 to 3 35. What is the current average solar panel cost in louisiana based on current offers. Another calculation that potential solar buyers have to consider is the solar payback period.