$122
1,043 kWh
769 lbs
Average solar panel installation
$27,172Federal Incentives
$8,152Total
$19,020
Average monthly bill without solar
$122Average monthly bill with solar
$0Solar will pay for itself in
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The estimated cost to install solar at your house is $27,172. We calculated this because we think your electricity usage for the year is about 12510 kWh, and a 8.63 kW size solar system on your roof would replace 100% of your usage. We are using an estimated cost of $3.15/W, which we get from Energy Sage.
The current electricity costs for Southwestern Electric Power Co are 12¢/kWh. So, by replacing 100% of your usage, you’ll save $1,464 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 18.56 years. If the costs of Southwestern Electric Power Co electricity rise 3%, then your savings will pay for your solar system in 18.02 years.
Solar installed at your house would generate different amounts of electricity during different months. We estimate that your production would vary from a high of 1150 kWh in October, to a low of 860 kWh in February. For the entire year, we estimate that your 8.63 kW sized system would produce 12510 kWh.
You are eligible for a federal tax credit equal to 30% of the cost of your solar system, or $8,152.
From Department of Energy Data, it looks like 22 homes have installed solar panels in your zip code, 71105. In your city, Shreveport, 273 homes have installed solar panels. And in the state of Louisiana, 8,223 homes have installed solar panels.
There are 4 solar installers that operate in Louisiana. WattBuy recommends Palmetto and EnergySage.
Using this data-driven approach, we have created a machine learning model that can estimate electricity usage and carbon footprint for every home in the US. We then use this information to recommend the best options for you, so you can feel good that WattBuy is recommending something truly personalized.
Our electricity estimations are trusted by our partners at The Department of Energy's National Renewable Energy Laboratory, as well as many of the biggest consumer brands in the world.