Solar Panel Cost Guide in Blytheville, AR (2024 Update)
- Blytheville Solar Installation Cost: $20,876
- 25-Year Savings: $16,195
- Payback Period: 16.6 Years
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Average Cost of Solar Panels in Blytheville
Let’s take a look at the average cost of solar in Blytheville.
While the national average of solar panels is $2.66 per watt, solar panels in Blytheville typically cost around 3.The average Blytheville homeowner needs a 8.5-kilowatt system, which would cost about $20,876 with the federal tax credit, or $29,853 before the 0 tax credit is applied.
These figures are just averages, and your own solar costs may look different based on your specific situation and what company you want to go with.Even with the high initial cost, the average Blytheville homeowner can save about $14,000 on their electricity bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a vetted solar installer in Blytheville for a customized quote.
Solar savings over time in Blytheville
| Year | Return on Investment |
|---|---|
| 1 years | $-19,420 |
| 3 years | $-16,508 |
| 5 years | $-13,596 |
| 7 years | $-10,684 |
| 9 years | $-7,772 |
| 11 years | $-4,859 |
| 13 years | $-1,947 |
| 15 years | $965 |
| 17 years | $3,877 |
| 19 years | $6,789 |
| 21 years | $9,701 |
| 23 years | $12,613 |
| 25 years | $15,525 |
Top Solar Installers in Blytheville
When making the switch to solar, many homeowners opt to hire a solar company since putting up a solar system yourself can be a difficult project. Solar companies offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you're searching for a solar company in Blytheville, we've compiled a list of our top suggestions here:
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 Blytheville
Factors that Affect Solar Panel Costs in Blytheville
The cost of installing a solar system in Blytheville can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,490. The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are a solid choice because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar panel installer you choose will influence your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Blytheville know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, 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 | $6,795 | 17.3 years |
| 8 kW | $3.56 | $19,935 | $9,451 | 17.0 years |
| 10 kW | $3.49 | $24,430 | $12,302 | 16.6 years |
| 12 kW | $3.42 | $28,730 | $15,349 | 16.3 years |
| 14 kW | $3.35 | $32,834 | $18,591 | 16.0 years |
| 16 kW | $3.28 | $36,743 | $22,029 | 15.6 years |
| 18 kW | $3.21 | $40,456 | $25,662 | 15.3 years |
| 20 kW | $3.14 | $43,974 | $29,490 | 15.0 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Blytheville, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Solar Panel Brands: Different companies have various brands and models of panels. If you know you want a specific brand, make sure the solar panel installer you’re considering has it.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
- Installation Process: When making the switch to solar energy, it’s essential to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the project completion timeline.
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 Blytheville, AR Solar Cost FAQs
What is the average cost of installing solar panels in Blytheville?
This is a tough question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $17,450 for a 5-kW system and $34,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Blytheville?
Solar panels aren’t free in Blytheville, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Does Blytheville have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future utility 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 Blytheville?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.