How To Get Free Solar Panels In Louisiana

Louisiana is first in the country for energy consumption per capita largely because of the state s industrial sector it is also the state with the least expensive average price of electricity coming in at just under 0 097 per kwh the majority of this energy comes from natural gas.

How to get free solar panels in louisiana.

Louisiana s utilities charge one of the lowest rates per kilowatt hour in the country it averages around 8 cents a kilowatt hour compared to california for instance where the average cost of a unit is. Perhaps it would be a good idea to contact a solar advocacy organization and ask them to fight for solar in your state. Louisiana s average cost of a solar panel installation ranges from 12 368 to 16 732. Free discounted solar panel installation.

Looks here for ways to lower reduce and possibly remove the cost of getting setup with solar panels. If you re willing to do the research and are a true do it yourselfer in other words you enjoy fixing stuff problem solving don t need a warranty and you can tolerate uncertainty about how long equipment will last then there are several ways you can get the absolute best deal on solar panels in order to reduce your impact on the planet and. Louisiana is one of the top five natural gas producing states in the country. The credit can be applied to the first 25 000 of the cost of purchase of the system.

Thanks to the itc you can reduce the cost of your solar panels system by 26 percent through a credit on your federal income taxes. Unfortunately louisiana does not offer a sales tax exemption on installing a solar panel system. Solar energy systems tax credit. Act 413 of the 2017 regular session of the louisiana legislature.

This means you ll still need to pay an additional 4 on your solar panel system purchase so budget carefully before leaping in. Louisiana department of revenue provides a 50 refundable tax credit for the purchase of solar electric and solar water heating systems installed at a louisiana residence before january 1 2018. On a cost per watt w basis a solar panel installation in louisiana ranges in price from 2 47 to 3 35. Solar energy system tax credits.

Another calculation that potential solar buyers have to consider is the solar payback period. Trying to get free solar panels in louisiana. Revenue information bulletin 17 012. Louisiana does not offer solar power purchase agreements or leases.

The solar incentives in louisiana will have a significant impact on your total solar costs but you can t forget about the federal solar tax credit also known as the itc.