Best 3 Solar Companies in New Orleans, LA

How To Choose the Best Solar Company in New Orleans

The more informed your company research is, the better your solar panels will ultimately function. Consider all of these elements in your service provider search.

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 take a written test or prove their certification with NABCEP. You should also visit a company's website to learn about its private accreditations. 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 New Orleans

Different solar panel types look and perform differently. Monocrystalline panels cost more than other options, but they generate the most power and generally have the highest quality. Polycrystalline panels provide a lower price point but produce less power. 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 want to charge an electric vehicle (EV) or use your solar power in inclement weather, you can pay extra for add-ons. By selecting the right components, you can make your panel array more effective and user-friendly. Not all solar contractors include these additional features, so look for a contractor that installs them if it's crucial for you.

If you're a resident of New Orleans and are looking into a five-kilowatt solar energy system, you could plan to spend about $19,000 for materials and labor. Find more information on specific component and solar panel costs in the table.

Financing Solar Energy in New Orleans

Choosing the ideal financing solution will affect your overall solar system cost and potential savings. Common payment options include loans, cash payments, power purchase agreements, and leases. Though it requires a large up-front payment, cash is the most cost-effective choice because it doesn't accrue interest and qualifies you for incentives. Solar loans are the runner-up option. As with a car or home loan, you'll pay a monthly rate towards system ownership, including interest. You can still apply for valuable solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases allow you to use your panels for a fixed monthly rate, while PPAs let you pay just for the energy you use, much like an electric bill. Both options disqualify you for solar incentives and do not provide you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Ask each company you're considering about the payment plans it offers. A representative can help you determine the best option for your financial situation.

The table below lists the average payback periods for different capacities of solar systems in New Orleans.

The IRS allows you to claim a 26% federal solar tax credit on your new solar panels, so long as you purchase it before 2032. Municipal authorities and utilities might also offer their own financing programs, incentives, and rebates that could save you more money.