Cost & Savings Breakdown
Based on $150/month electric bill in Monroe
System Size
10.2 kW
Annual Production
15,208 kWh
Gross System Cost
$28,084
Federal Tax Credit (30%)
-$8,425
State Incentive
-$12,500
Net Cost
$7,159
Monthly Savings
$122
CO₂ Offset/yr
13,992 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityEntergy Louisiana
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit25 kW limit
Electricity Rate$0.096/kWh
Peak Sun Hours5.1 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$12,500
Louisiana State Incentive — Louisiana offers a 50% state tax credit up to $12,500.
Common Questions
How much does solar cost in Monroe?
Solar in Monroe, Louisiana costs approximately $28,084 for a 10.2 kW system. After the 30% federal tax credit, your net cost is about $7,159.
What is the solar payback period in Monroe?
The estimated payback period for solar in Monroe is 4.9 years, based on a $150/month electric bill and local sun hours of 5.1 hrs/day.
Does Entergy Louisiana offer net metering?
Entergy Louisiana offers Full Retail net metering. Full retail rate.