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Solar Panel ROI in Terrebonne Parish, LA

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

Avg System Cost

$6,976

After Tax Credit (30%)

$4,883

Est. Payback Period

1.2 yrs

25-Year ROI

1956%

Solar Economics in Terrebonne Parish

Investment Breakdown

System Cost (est.)$6,976
Federal Tax Credit (30%)-$2,093

Net Cost$4,883

Annual Savings

Est. Annual Energy Savings$4,015
Median Home Value$174,400

Median Household Income$63,088

About Terrebonne Parish, Louisiana

Terrebonne Parish in Louisiana has a median household income of $63,088 and median home value of $174,400. With an estimated payback period of 1.2 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.

Solar Panel ROI in Terrebonne Parish, LA — Is Solar Worth It? | Elovane