New Orleans, LA
Electrification ROI based on Entergy rates and local rebates
Population: 383,000•Climate: hot•Electric: $0.108/kWh•Gas: $1.25/therm
Best Upgrade
Solar Panels
15.3 years • 24% ROI
Annual Savings
$2,426/year
Full electrification
Total Incentives
$10,800
Federal + utility rebates
Visual ROI Analysis
Payback Period Comparison
Lower is better • Shortest payback = fastest return on investment
Annual Savings Comparison
Higher is better • More annual savings = greater long-term benefit
Cumulative Net Savings Over Time
Point where line crosses $0 = payback achieved • Steeper line = faster savings growth
Detailed ROI by Upgrade
Heat Pump HVAC System
Replace gas furnace + AC with an all-electric heat pump
🌡️
Costs
Upfront cost:$12,000 - $18,000
Federal tax credit:-$2,000
Entergy rebate:-$300
Net cost:$9,700 - $15,700
Savings & ROI
Annual savings:$144/year
Simple payback:Not Recommended
15-year ROI:-85%
CO₂ reduction:0.3 tons/year
15-year net savings:$-12,844
Solar Panels (6kW System)
Generate your own electricity from the sun
☀️
Costs
Upfront cost:$15,000 - $21,000
Federal tax credit (30%):-$5,400
Net cost:$9,600 - $15,600
Savings & ROI
Annual savings:$851/year
Simple payback:15.3 years
25-year ROI:24%
CO₂ reduction:3.6 tons/year
Full Electrification Package
Heat pump + Solar + Heat pump water heater + EV charger
⚡
Costs
Total upfront cost:$30,300 - $45,000
Total federal credits:-$10,400
Total utility rebates:-$400
Net cost:$19,500 - $34,200
Savings & ROI
Annual savings:$2,426/year
Simple payback:11.5 years
15-year ROI:2%
Total CO₂ reduction:10.1 tons/year
15-year net savings:$-1,258
New Orleans Energy Context
Climate & Usage
Climate zone:hot
Heating degree days:1,450
Cooling degree days:2,850
Avg home size:1,950 sq ft
Energy Costs
Utility provider:Entergy
Electricity rate:$0.108/kWh
Natural gas rate:$1.25/therm
Avg monthly bills:$148 elec + $52 gas
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