Benefits of Solar Energy
Solar energy comes with multiple benefits. Here are some highlights.
- Reduced carbon footprint: Solar is the universe's most abundant clean energy source, meaning you can lower or beat your home's dependence on "traditional" sources.
- Better energy independence: Adding a solar battery storage system lets you have reliable energy during grid outages and storms.
- Smaller power bills: Producing some or all of your own power will spend less on electricity long-term. Plus, some states offer net metering programs that allow you to sell your extra energy back to the grid, generating additional credits toward your energy bill.
What Solar Incentives Are Available to Kenner Homeowners?
The state of Louisiana offers several solar incentives to help cut your solar system costs. Here's a breakdown of relevant solar programs where you live.
Incentive Type: Property Tax Incentive
Incentive Amount:
100%
Incentive Type: Loan Program
Website: dnr.louisiana.govIncentive Amount:
$6,000 from LA DNR
Incentive Type: Rebate Program
Website: energysmartnola.infoIncentive Type: Personal Tax Credit
Website: ecowatch.comIncentive Amount:
30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.
How To Choose the Best Solar Company in Kenner
The more comprehensive your provider search is, the better your solar panels will ultimately work. Make your choice based on the following vital factors.
Licensing and Training
In Louisiana, contractors can earn a solar energy endorsement, or "classification," on their commercial contracting license. To do this, they need to obtain electrical, mechanical, or building endorsements first, then pass a written exam or verify their certification with NABCEP. You should also visit a company's website to learn about its private credentials. Two of the most recognized are the PV Installation Professional and Solar Heating Installer certificates, backed by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.
Cost of Solar Panels in Kenner
Different solar panel types look and perform differently. Monocrystalline panels offer the best energy production but cost more than other options and generally have the highest quality. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.
If you'd like to charge an electric vehicle (EV) or use your solar power in cloudy weather, you can pay extra for accessories. By selecting the right components, you can make your panel array more efficient and convenient to use. Not every solar provider includes these add-ons, so look for a contractor that installs them if it's important for you.
If you're a resident of Kenner and are looking into a five-kilowatt solar energy system, you could expect to pay about $19,000 for materials and labor. See more information on specific component and solar panel costs in the table.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,083 |
Solar Polycrystalline | $845 |
Thin-Film | $494 |
Solar Battery | $693 |
Solar Home EV Charger | $2,599 |
Financing Solar Energy in Kenner
There are numerous ways to pay for new solar panels, and the right one will reduce your expenses. A few of the most common options include cash payments, leases, power purchase agreements (PPAs), and loans. Most solar experts recommend a cash payment or using a solar loan. Cash payments demand a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving solar incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Similar to a home or auto loan, you'll pay a set monthly rate with as little as $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) lets you pay a monthly rate determined by the energy you use, akin to an electric bill. We usually don’t recommend these two choices because you won't own the system and cannot use solar incentives. Look for installers that offer multiple payment plans to find the right fit for your budget.
The table below lists the average payback periods for different capacities of solar systems in Kenner.
You are eligible for a 26% federal solar tax credit for new solar power systems until the year 2032. Local and state governments and utility companies might also offer rebates, discounts, and dedicated financing plans that could save you more.
Solar System Capacity | Estimated Payback period |
---|---|
1 kW | 2.2 years |
2 kW | 4.4 years |
5 kW | 11.0 years |
10 kW | 21.9 years |
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Frequently Asked Questions About Solar in Kenner
How much energy and money could I save per year by switching to solar?
How prevalent is solar energy in Kenner?
Will a solar PV system increase my Kenner home worth?
How long does a typical solar system last?
What's the average solar system size in Kenner?
What is the average payback period for Kenner solar panels?
How are traditional solar loans and PPAs different?
In contrast, solar loans can come from installer, specialty lenders, local banks and the government. You'll need to pass a credit check to qualify for most of them. While the upfront costs are larger, and you'll be responsible for upkeep, you'll also have full ownership rights and can apply for many more financial rewards.
Should I get quotes from multiple Kenner solar companies?
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