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Solar Panel ROI in Madison Parish, LA

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

Avg System Cost

$3,528

After Tax Credit (30%)

$2,470

Est. Payback Period

1 yrs

25-Year ROI

2464%

Solar Economics in Madison Parish

Investment Breakdown

System Cost (est.)$3,528
Federal Tax Credit (30%)-$1,058

Net Cost$2,470

Annual Savings

Est. Annual Energy Savings$2,533
Median Home Value$88,200

Median Household Income$34,508

About Madison Parish, Louisiana

Madison Parish in Louisiana has a median household income of $34,508 and median home value of $88,200. With an estimated payback period of 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.