Solar Savings Calculator for Lafayette, LA
Homeowners in Lafayette pay an average of $145/month for electricity through Lafayette Utilities System. With 4.9 peak sun hours per day, solar panels can significantly reduce your energy costs.
$145
Avg Monthly Bill
13¢/kWh
Electricity Rate
4.9h/day
Peak Sun Hours
$45,701
Est. 25-Year Savings
Calculate Your Savings in Lafayette
Adjust Your Details for Lafayette, LA
$
$50$1,000
50010,000
5¢50¢
Your Estimated Solar Savings
System Size
7.6 kW
Panel Count
19 panels
Total System Cost
$21,280
Federal Tax Credit (30%)
-$6,384
Net Cost
$14,896
Annual Savings
$1,740
Payback Period
8.6 years
25-Year Savings
$45,701
Return on Investment
307%
* Estimates based on 4.9 peak sun hours/day in Lafayette, LA, system cost of $2.8/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Local Solar Details for Lafayette
Utility & Permits
- Utility Company
- Lafayette Utilities System
- Permit Cost
- $275
- Permit Timeline
- 2-3 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 7.6 kW
- Panel Count
- 19 panels
- Gross Cost
- $21,280
- Net Cost (after credits)
- $14,896
Available Incentives for Lafayette, LA
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
Other Cities in Louisiana
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