$124
1,059 kWh
781 lbs
Average solar panel installation
$20,496Federal Incentives
$6,149Total
$14,347
Average monthly bill without solar
$124Average monthly bill with solar
$30Solar will pay for itself in
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The estimated cost to install solar at your house is $20,496. We calculated this because we think your electricity usage for the year is about 12700 kWh, and a 6.51 kW size solar system on your roof would replace 76% of your usage. We are using an estimated cost of $3.15/W, which we get from Energy Sage.
The current electricity costs for Entergy New Orleans Inc are 12¢/kWh. So, by replacing 76% of your usage, you’ll save $1,130 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 18.1 years. If the costs of Entergy New Orleans Inc electricity rise 3%, then your savings will pay for your solar system in 17.57 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 910 kWh in October, to a low of 680 kWh in January. For the entire year, we estimate that your 6.51 kW sized system would produce 9680 kWh.
You are eligible for a federal tax credit equal to 30% of the cost of your solar system, or $6,149. The state of Louisiana generally uses Retail Rate for net metering. This means that when you produce more electricity than your house uses, the utility will pay you Retail Rate for the extra electricity.
From Department of Energy Data, it looks like 45 homes have installed solar panels in your zip code, 70113. In your city, New Orleans, 4,322 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 Modernize, Palmetto, EnergySage, and RGR Marketing.
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.