Solar Panel ROI in 70122

New Orleans, Louisiana — Is solar worth it here? Here's what the data says.

2.0x ROI Score
12.8 yrs Payback Period
$1,065/yr Annual Savings
$26,625 25-Year Savings

Your savings estimate

$ /mo bill
Annual savings $1,065
·
Payback 12.8 yrs
·
25-yr savings $26,625

Solar Calculator for 70122 (New Orleans)

Adjust values to see your personalized solar ROI estimate for New Orleans, Louisiana.

kW
$
$ /kWh
5.33 kWh/m²/day
Based on NREL data for New Orleans, LA
ROI Score 2.0x
Annual Production 9,338 kWh
Annual Savings $1,065
Payback Period 12.8 years
25-Year Savings $26,625
After 30% ITC $9,520

Solar Data for 70122 – New Orleans, LA

Solar Irradiance 5.33 kWh/m²/day +7.5% vs national avg
vs Louisiana Avg +0.6% State avg: 5.35 kWh/m²/day
Electricity Rate $0.114/kWh Louisiana average rate
Annual Production 9,338 kWh 6kW system estimate

New Orleans's 5.33 kWh/m²/day is 7.5% above the national average. At $0.114/kWh, the 12.8-year payback is moderate. Tax credits and incentives can shorten it meaningfully.

Solar Incentives for New Orleans, Louisiana

Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $13,600 system, that's $4,080 back.

Net Metering

Most Louisiana utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

Louisiana State Programs

Check with the Louisiana energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in New Orleans.

70122 vs Louisiana Average

Solar Irradiance
70122: 5.33 LA avg: 5.35
Payback Period
70122: 12.8 yrs LA avg: 13.7 yrs
Annual Savings
70122: $1,065 LA avg: $995
25-Year Savings
70122: $26,625 LA avg: $24,875

See the full Louisiana solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

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