Going solar in the Solar America City of New Orleans is a great and commendable way to generate your own energy and help the city meet sustainability goals while saving money. On top of this, you can enjoy many other benefits of a residential solar panel installation in New Orleans. Let alone the significant tax incentives in New Orleans and the allowable transfer of these tax credits to third parties for residential renewable energy systems.
Benefits of Going Solar
A residential solar power installation can make a significant difference to your home and to the planet in these ways:
- Save money on your energy bills in the long run. It is a low-risk investment that will help you save on monthly utility bills on energy used from the grid while getting financial returns.
- The source of power is abundant! As long as the sun is shining, you get an excellent source of energy.
- Increase the value of your home by $15,000 and attract homebuyers with your solar system if you plan to sell your property in the future.
- Poses the least negative impact on the environment by helping in substantially reducing greenhouse gas emissions with zero water and noise pollution.
- Versatile, easy, and simple installation in both vertical and horizontal spaces from small-scale to large-scale solar projects.
- Zero cost for energy production making it the cleanest and most abundant and inexhaustible renewable energy source on the planet.
- Very minimal maintenance costs compared to other energy sources.
Choosing Solar Panels
What kind of solar panels will meet the energy needs of your home? The latest technological advances used in manufacturing solar panels and their components have pointed towards a significant drop in their prices making a solar power system a more efficient and affordable option for residential energy production. Follow these tips on choosing your solar panels:
- Know the size of your solar panel system by determining how much electricity you use and when you use it.
- The number of panels that you will need to produce sufficient energy to power your home.
- The cost of solar panels will depend on size, brand, quality of materials, durability, or warranty period, and certifications of the solar panels. Shop around to compare deals before purchasing.
- Compare quality solar equipment on specifications, inverters, and batteries in terms of performance, durability, warranty, and overall quality.
The Residential Solar Panel Installation Process
Here are crucial steps in solar power installation that you should know as you make a change in your energy infrastructure:
- Create a clear and detailed plan following precautionary measures and safety guidelines in the product guide.
- Prepare all materials and tools needed to ensure that that you have everything needed for the installation.
- Mounting the solar panels using a mounting system that is suited for your home. The most common system used for residential roofs is the Direct Mounted solution. Another option is the Ground Framework for roofs that are not suitable for the direct-mount method.
Cost of Residential Solar Installation in New Orleans
Considering variables in determining the perfect solar panel system for your home in New Orleans, the common metrics in comparing prices of different solar installation companies include cost per watt, estimated cost per watt, and the warranty period.
This is a summary of solar values that would help you decide if solar is the best option for you:
- The average cost for a 5 kW solar power system: $2.78 watt
- Average payback time: 8 years and 4 months
- Solar panel cost:
- $2.78 per watt for cash purchased solar system before 26% solar credit,
- $3.06 per watt for a financed solar system before 26% solar tax credit,
- $0.0 cents/kWh for lease/PPA (Average 15 year term, 2.5% price escalator)
- Solar installation cost ranges from $12,368 to $16,732
- Average gross price for residential solar installation: $14,550 (NOTE: this amount can fall by thousands of dollars after accounting for the 26% Federal Investment Tax Credit and other state and local solar incentives)
A Solar-Powered Home in New Orleans
New Orleans is one of the cities across the United States chosen to develop comprehensive approaches to urban solar energy use and be a model for other cities in the U.S. Be part of playing an important role in accelerating solar energy adoption by choosing residential solar panel installation and call SolAlt.com for residential solar panel installation. Go for a solar-powered home in New Orleans!