Solar installations are primed for significant growth in Louisiana. Residents will look to take advantage of the current low cost of solar power like Walgreens and Whole Foods have done in the state.
Louisiana is ranked 24th in the nation for total installed solar capacity as of 2018. A total of 96 MW is enough to power 9,000 homes in Louisiana.
To find a reputable solar panel installer in Louisiana, just fill out the form on this page. Continue reading to learn about the state’s emerging solar industry.
Here are some key points on Louisiana solar activity to date;*
- 13 MW of solar was installed in the state in 2018. This gave it a ranking of 41st nationally for that year.
- During the same year, $36 million was invested in solar power. The total invested now stands at $325 million.
- There are now more than 73 solar companies in Louisiana. They collectively employ 2,950.
- Prices for solar are 47% lower over the past 5 years.
Louisiana has a pretty good net metering policy. Residential systems are allowed to be a considerable size – 25 kilowatts. Utilities are also mandated to compensate homeowners for their excess electricity at the retail rate.**
There are also good incentives in the state for those considering solar power. As much as 50% or $10,000, whichever is less, of the total cost of a purchased system is covered by a local tax credit. Systems must be installed by the end of 2017.**
The state also has Green Power Purchasing goals which increase through at least 2025. Starting with 10%, the state wants to eventually produce a total of 30% renewable power by 2025.**
Homeowners are benefiting from an increasing number of solar installers in the state. The are about 47 installers are working to help save residents money with solar power. The majority of contractors are located in New Orleans, Baton Rouge, and Lafayette.
Just use the form on this page to locate a trusted solar installer in Louisiana.
*Information and figures gathered from seia.org.
**Information and figures gathered from dsireusa.org.