Solar Panels Arkansas Cost

Here s how the numbers pencil out for an arkansas solar purchase with an average sized 10 4 kw rooftop solar system.

Solar panels arkansas cost.

The average cost of installed residential solar power systems is currently 2 55 per watt. Don t worry even without state incentives you can still knock a big chunk off the price right off the bat. You can expect to get the return on your investment in around 18 years. When electricity is cheap there is less incentive for homeowners to install solar projects.

You ll get your 30 federal tax credit the first year so you won t feel a major pinch at any time. This is 2 63 per watt. With this the quote for your solar pv system in arkansas drops to around 14 700. Arkansas wind and solar reviews and complaints reviews of the brands of solar panels they sell their locations and the cost of installations reported to us for 2020.

This is higher than the average price of residential solar power systems across the united states which is currently 2 53 per watt. Your property will also increase in value and so will your net worth. Let s say you install a 2kw rooftop solar panel system for about 9 500 and you pay for it with a heloc at 5 interest over 15 years. At 0 10 per kwh for residential and 0 085 per kwh for commercial electricity in arkansas costs over 0 02 per kwh less than the national averages.

Solar panel cost in arkansas. Compare the prices and reputations of solar installers solar panel manufacturers and other solar energy companies servicing little rock. Installing a typical 10 4kw solar system should start at about 33 000. As of sep 2020 the average cost of solar panels in arkansas is 2 63 per watt making a typical 6000 watt 6 kw solar system 11 677 after claiming the 26 federal solar tax credit now available.

10 best solar companies in little rock 2020 updated. A typical 6kw system costs 11 330 after claiming the 26 solar tax credit. If you consider that you will save more than 600 per year initially your net cost for year one is around 14 000. Get the best deal.