Louisiana ranks #42 in America for savings from installing solar panels on your home

Solar power in Louisiana

Last fact checked on July 29, 2019 by Catherine Lane

Louisiana residents don’t have access to as many solar incentives as residents in other states. 

However, despite the lack of incentives, Louisiana receives some of the best sun exposure in the United States, so a solar system here will produce a lot of electricity, leading to great savings. 

The combination of high rates of solar power production, the 30% federal tax credit, and net metering create the potential for a ton of savings on a solar system installation in Louisiana.

 

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Solar power in Louisiana

Louisiana solar power facts

$3.56
/watt

Average cost of a 5kw solar power system in 2019
Price shown before incentives

9 Years 3 Months

Average payback time

$50,711

Average lifetime savings
Price shown after repayments of capital


/kWh

levelized cost of solar energy

28¢
/kWh

If you don't get solar
The forecast average utility price over the next 25 years

11,538
kWh

Annual power production

Cash flow graph based on cash purchase of a 9.51kW system

This 9.51kW system would offset 100% of your energy usage if your typical monthly bill in Louisiana is $150, however your situation may vary so try our solar calculator to get a result tailored to you.


Solar companies in Louisiana that provide pricing through the Solar-Estimate marketplace

6


Best solar offers currently available in your city


Solar calculator and quote comparison tool

Compare solar quotes from the top solar companies in Louisiana

How much do solar panels cost in Louisiana

$3.56 per watt

Cash purchased solar system
Before 30% solar tax credit

$4.06 per watt

Financed solar system
Before 30% solar tax credit

N/A cents/kWh

Lease/PPA
Av. 15 year term, 2.5% price escalator

What are the pros and cons of buying solar panels for your home in Louisiana

The advantage of installing solar panels in Louisiana is the state-mandated net metering requirement. Louisiana law also exempts the value of a solar system from being added to your property taxes. To top it off, with the abundant sunshine in The Pelican State, a solar system here will produce more electricity than a system would in other states. 

SolarPowerRocks provides a great breakdown of solar incentives and policy for each state within the US.

The disadvantage of installing solar panels in Louisiana is that there is very little in the way of state and utility-based incentives. Additionally, Louisiana’s net metering law does not require utilities to offer the full retail rate for excess energy generated by a solar system. The state’s electricity prices are also some of the lowest in the US, so seeing savings from installing solar could take longer here than it would in other states. 

However, because of the 30% federal tax credit and net metering, now is the best time to go solar in Louisiana. 

Enter your details to calculate the cost and savings you are likely to get from installing solar panels for your home.

Best brands of solar panels

To find the best brands of solar panels you can use America's most trusted solar panel comparison and reviews website, SolarReviews.

However, reviews of solar panels can be a bit meaningless because most consumer owners have not had any issues and so whilst solar company reviews are very important when choosing solar installers they are of less use when choosing solar panels.

For more information to help you make an informed decision about this topic, I would recommend this article about buying solar panels.

 

Unlock live pricing on the best solar panel brands!

 

How much electricity will solar panels produce in Louisiana

Solar panels produce different amounts of energy in different locations.

Around the New Orleans area solar panels installed on a south facing 23.5 degree pitch roof will typically produce:

1,752kWh per year per 1kw of peak DC (direct current) capacity

For more information about how your location, roof direction and roof tilt affects solar power production use the solar panels calculator and enter your zipcode below.

 

See how much electricity your solar panels could produce

I want to buy a solar panel kit and install it myself

What rebates, solar tax credits and other solar incentives are available in Louisiana?

Net metering in Louisiana

Solar, by its nature, generates the most power during the middle of the day when most people are at work or school and little power is being used in the home. The net metering policy in Louisiana mandates that for every surplus kilowatt hour (kWh) generated by solar, (like the excess energy your system creates during the day) utilities must provide a credit equal to the avoided cost rate of electricity, to be applied to future bills in order to offset costs. 

While receiving some sort of compensation for excess generation is beneficial, the avoided cost rate is worth about half of the retail rate. Because the retail rate of electricity is already low in Louisiana, the avoided cost rate is only about $0.04 per excess kWh. 

 


 

Property tax exemption

Louisiana  homeowners save big on their property taxes when they install residential solar panels. Installing a solar system on one’s property would usually cause an increase in property taxes, however, the property tax exemption eliminates 100% of the assessed costs associated with the solar system from the homeowner’s property taxes. 

Louisiana Solar Calculator

Regardless of what you want to know about the economics of installing solar panels for your home or business in Louisiana we have a solar calculator that can show you exactly the information your require.

 

You can either use our full monthly solar calculator that shows you everything you could possibly want to know or you can use one of our range of smaller calculators for specific solar calculations that focus on providing you only with the specific information you require.

 


 

What you can find out about installing solar panels in Louisiana using our full monthly solar calculator

This solar calculator requires you to input your address, utility company, your average monthly power spend - It tells you:

If you want to see all of the above but also see live pricing, the three best solar deals available in your city and get binding quotes from each of these solar companies then use this solar panels calculator. This calculator requires you to also input your name and contact details because most of our 200+ installer partners will only authorize the sharing of their live solar pricing where we have validated that you are a real homeowner with a home in their service area. We respect the privacy of your data and only share your contact details with the solar companies you ask us to get binding quotes from.

 

Unlock live pricing in your state!

 

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Going solar in Louisiana

Check out all of the ways energy providers of Louisiana can help you be more energy efficient and save money.

The following programs are available:
Incentive Name Eligibility Type
Residential Renewable Energy Tax Credit Federal Personal Tax Credit
Net Metering State Net Metering
Renewable Energy System Property Tax Exemption State Property Tax Incentive
Find your local rebates and incentives

Your city may have further incentives to offer. Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.