Is it Worth Getting Solar Panels in Louisiana?
It is well known that one of the dominant indicators that are taken into account when setting up a solar panel (SP) in a particular state is the number of sunny days. There should not be any concerns about LA. As it is literally bathed in sunshine 216 days a year. The USA’s average ranges from 200 -202 days. So in that respect, LA should be considered an ideal place to install panels.
Another important aspect is the number of installations per state. In lA, more than 34,000 panels have been installed in homes as of April 2024. 3 185 people have jobs in SP sector. There are 63 companies in the state whose purpose is to manufacture, install as well as service SP.
Finally, another attractive point is the possibility to win up to 30% of the original cost of the panel through the use of state incentives. These are aimed at increasing public demand for the installation of panels, as well as providing assistance in purchasing the equipment.
All of the above allows us to say that you will not lose by investing your capital in solar panels.
Does Louisiana Have a Solar Panel Program?
LA has a SP program known as the Solar Energy Systems Tax Credit. It permits homeowners and businesses to claim a tax credit for installing solar energy systems. The tax credit covers up to 30% of the first $25,000 of the cost of the system, with a maximum credit of $12,500 per installation. Additionally, LA offers net metering, allowing SP owners to receive credit for excess electricity generated and exported to the grid. Furthermore, the state supports solar energy through various incentives and rebates, making it an attractive option for those interested in clean energy. It’s important to check the eligibility requirements and program details to take full advantage of the benefits offered by Louisiana’s solar panel program.
What Will Your Solar Panel System Cost in Louisiana?
The cost of a SP system in LA can vary depending on factors such as system, quality of equipment, installation complexity, and available incentives. On average, a residential SP system in LA can float from $10,000 to $30,000 before any incentives or tax credits are applied. The state’s Solar Energy Systems Tax Credit program can offset up to 30% of the system cost, making solar more affordable for homeowners. For more details study the table below. The information has been taken from https://www.ecowatch.com/solar/panel-cost/la.
| Solar Power System Size | Energy Use (per month) | House Size (sq ft) | Total Cost | Cost After the Federal ITC | Energy Savings (over 25 years, after system is paid off) |
| 10 kW | 1,000 kWh | 1,500 | $33,900 | $23,730 | $9,960 |
| 11 kW | 1,100 kWh | 1,700 | $37,290 | $26,103 | $10,956 |
| 12 kW | 1,200 kWh | 1,900 | $40,680 | $28,476 | $11,952 |
| 13 kW | 1,300 kWh | 2,100 | $44,070 | $30,849 | $12,948 |
| 14 kW | 1,400 kWh | 2,300 | $47,460 | $33,222 | $13,944 |
| 15 kW | 1,500 kWh | 2,500 | $50,850 | $35,595 | $14,940 |
| 16 kW | 1,600 kWh | 2,700 | $54,240 | $37,968 | $15,936 |
Pros and Cons of Installing Solar Panels in Louisiana
| Pros | Cons |
| 216 sunny days for a nice SP performance; State rewards aimed at encouraging SP installation; The increase of your property cost in case of selling it; You save on electricity bills;You make our planet healthier. | High price; Design. |
To join the community of nature lovers who want to install solar panels, do the following:
- Fill out the application form on our website.
- Receive and compare competitive offers to select the best option for your needs.
- Make a deal.
- Begin your journey towards saving the planet with renewable energy.
