Solar Panel Cost Guide in Beebe, AR (2024 Update)
- Beebe Solar Installation Cost: $20,646
- 25-Year Savings: $22,454
- Payback Period: 13.8 Years
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Average Cost of Solar Panels in Beebe
Here’s how much it might cost to go solar in Beebe.
The average cost of a solar panel system in Beebe is 3 per watt.The average solar panel system size in Beebe is around 8.5 kilowatts, meaning a cost of about $20,646 for a solar installation, or $29,524 before the 0 federal solar tax credit is applied.
The actual price you pay can go higher or lower than the average in Beebe based on a variety of factors, such as the type of solar panels you choose and the solar installer you hire.Even with the high initial cost, the average Beebe homeowner can save around $17,000 on their energy bills over 20 years, which is one of the perks of solar.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Beebe
| Year | Return on Investment |
|---|---|
| 1 years | $-19,190 |
| 3 years | $-16,278 |
| 5 years | $-13,366 |
| 7 years | $-10,453 |
| 9 years | $-7,541 |
| 11 years | $-4,629 |
| 13 years | $-1,717 |
| 15 years | $1,195 |
| 17 years | $4,107 |
| 19 years | $7,019 |
| 21 years | $9,931 |
| 23 years | $12,843 |
| 25 years | $15,756 |
Top Solar Installers in Beebe
When making the switch to solar, many homeowners opt to use a solar installation company since handling can be a challenging project. Solar installers offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Beebe
Factors that Affect Solar Panel Costs in Beebe
There are many criteria that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That’s why it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your power bills. In addition, extra products, such as solar batteries, can bump up your total well above the Beebe average.
Solar Financing Terms
Many homeowners find the average cost of solar in Beebe to be too steep, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in paying more over time due to interest.However, the interest on solar loans also adds to your total costs, so it’s crucial to include that in your estimate as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you get to install your solar panels can impact the cost. Beebe’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Beebe know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.63 | $15,244 | $11,365 | 14.3 years |
| 8 kW | $3.56 | $19,935 | $15,544 | 14.0 years |
| 10 kW | $3.49 | $24,430 | $19,919 | 13.8 years |
| 12 kW | $3.42 | $28,730 | $24,489 | 13.5 years |
| 14 kW | $3.35 | $32,834 | $29,255 | 13.2 years |
| 16 kW | $3.28 | $36,743 | $34,216 | 12.9 years |
| 18 kW | $3.21 | $40,456 | $39,372 | 12.7 years |
| 20 kW | $3.14 | $43,974 | $44,724 | 12.4 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Read the contract terms carefully to make sure you understand how much it will cost, project completion timeline rebates and warranties.
- Solar Panel Brands: The model of solar panel you’d like to get plays a part in which installer you should choose, since different companies offer different panels.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Beebe, AR Solar Cost FAQs
What is the average cost of installing solar panels in Beebe?
The average cost of solar panels in Beebe is about $17,450 for a 5-kW system and $34,900 for a 10-kW system before the ITC, but the real cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to consider when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Beebe have a net metering program?
Most states offer net metering programs of some kind. Through these, you can get paid for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Beebe?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.