Louisiana solar rebates and tax credits calculator

Solar incentive

Federal ITC 26% (tax credit)

State tax credit: No

Net metering (by utility)

Calculate for your homes location

There can be solar tax credits and incentives available at the federal, state and local levels. The calculator above will show you the value of all incentives your home is eligible for.

Summary of Louisiana solar incentives 2020

Louisiana has some work to do to instill strength in the state residential solar market. State lawmakers let net-metering expire, which makes it impossible for homeowners to get credits for the solar energy they can’t use onsite.

Just a few short years ago, solar was an amazing deal in Louisiana. Let’s hope it doesn’t take another massive hurricane to improve those prospects again. Regardless, solar power can still make a lot of sense here, because the state has abundant natural sunshine to take advantage of.

On this page, you can:

  1. Learn what solar incentives are available to Louisiana homeowners

  2. See what Louisiana solar incentives you qualify for based on your utility company and city

  3. Find out how much these incentives and/or Louisiana solar tax credits will reduce your cost to go solar and add batteries

Federal solar investment tax credit

The federal solar investment tax credit will have the biggest impact on the cost you will face to go solar in Louisiana

This perk is commonly known as the ITC, short for “Investment Tax Credit”. If you install your photovoltaic system in 2020, the federal tax credit is 26% of the cost of your solar panel system. This is 26% off the entire cost of the system including equipment, labor and permitting.

Example: If your solar energy system costs $20,000, your federal solar tax credit would be $20,000 x 26% = $5,200.

The federal tax credit falls to 22% in 2021. Unless new legislation is introduced in Washington D.C., this program will be gone in 2022.

Net energy metering in Louisiana

With net metering in some states, you get full retail rate credit for the amount of electricity you send back into the grid with your solar panels.

Louisiana solar rebates

While Louisiana does not have a dedicated state rebate for solar panel installation, some manufacturers like LG offer their own solar rebates. These programs are usually time sensitive. For example, LG offers a $600 solar rebate on their equipment, which your installer can help you redeem over the next year.

Property tax exemption

Louisiana offers a solar property tax exemption to help make solar power more attractive. You are 100% exempt from all property taxes associated with the increase in home value caused by installing a solar power system. And there is a significant increase. That’s going to save you a pretty nice chunk of change every year.

Cost of solar panels in your part of Louisiana after all applicable solar incentives

Solar prices near you

Cost range of local prices

$18,193-$22,236

Payback period

9.9-12.1 years

Net profit (savings less system cost)

$32,593-$39,836

Average size system installed in LA in 2020

11.2kW

Solar panel cost calculator

Best 10 solar companies in Louisiana

15 solar companies in Louisiana provide pricing on SolarReviews. Here are the best rated companies near you.

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