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Solar Panel ROI in Assumption Parish, LA

Is going solar worth it in Assumption Parish? Here are the numbers.

Avg System Cost

$5,224

After Tax Credit (30%)

$3,657

Est. Payback Period

1.1 yrs

25-Year ROI

2099%

Solar Economics in Assumption Parish

Investment Breakdown

System Cost (est.)$5,224
Federal Tax Credit (30%)-$1,567

Net Cost$3,657

Annual Savings

Est. Annual Energy Savings$3,217
Median Home Value$130,600

Median Household Income$47,023

About Assumption Parish, Louisiana

Assumption Parish in Louisiana has a median household income of $47,023 and median home value of $130,600. With an estimated payback period of 1.1 years, solar is a strong investment for homeowners in this area.

These estimates use county-level medians and national averages for solar irradiance. Your actual ROI depends on roof orientation, shading, local utility rates, and available state/local incentives beyond the federal 30% ITC.

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Other Counties in Louisiana

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: EIA, NREL, DSIRE. Solar cost estimates based on county-level home values and national averages. This is not financial advice.