Free Solar Panels For Home Louisiana

On a cost per watt w basis a solar panel installation in louisiana ranges in price from 2 47 to 3 35.

Free solar panels for home louisiana.

Your solar panels options in louisiana as you can see buying a solar panel outright will give you the best return over the average lifetime of a solar array i e. The average cost for an installed residential solar system in louisiana is currently 10 558 after claiming the 26 federal solar tax credit. Solar panel cost in louisiana. The louisiana department of natural resources offers low interest home improvement loans to homeowners who go solar or conduct other energy efficiency measures on their property.

Yes louisiana does have a property tax exemption for solar power systems. Another calculation that potential solar buyers have to consider is the solar payback period. Solar panels don t just give you free energy they also increase your home s value. Electricity is just so cheap in louisiana right now a solar system for you home isn t a good investment unless the environmental benefits are worth.

After getting recommendations from an energy auditor you can receive a help loan with a reduced interest rate to pay for the energy work thanks to funds allocated by. This is 2 38 per watt. Does louisiana offer a property tax exemption for solar energy. Federal tax credit for having solar panels in louisiana.

No louisiana does not have a sales tax exemption for solar power s system. 25 years but taking out a loan as well as leasing a solar provider s panels makes sense too and you will find whatever you decide to do you won t regret it. The grape solar 300 watt mono crystalline pv solar panel the grape solar 300 watt mono crystalline pv solar panel bonus pack bundles 4 grape solar us made 300 watt solar panels for extra savings. We use a 6 return to evaluate all solar investments and louisiana s 4 129 npv on a 5 kw solar system means you d be that much better off investing your money in stocks over 25 years than solar.

This term tells us as at what time you will recover your. Is there a state sales tax exemption in louisiana for solar power. Louisiana is first in the country for energy consumption per capita largely because of the state s industrial sector it is also the state with the least expensive average price of electricity coming in at just under 0 097 per kwh the majority of this energy comes from natural gas. An installed solar panel system adds up to and over 15 000 to your home.

The solar investment tax credit offered by the united states federal government is available to louisiana home and business owners. Although this is a fantastic side benefit to solar panels an increase in your home s value can also cause an increase in your property taxes. The grape solar 300 watt monocrystalline pv solar panel uses high efficiency solar cells made from quality silicon material for high module conversion efficiency long term output stability and. Known as the federal solar tax credit this incentive provides a 26 tax credit of the entire solar system cost.