Solar Panel Cost Guide in East End, AR (2024 Update)
- East End Solar Installation Cost: $20,548
- 25-Year Savings: $22,848
- Payback Period: 13.6 Years
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Average Cost of Solar Panels in East End
Find out what the average cost of installing solar panels is in East End.
In East End, solar panels cost about 3 per watt on average.The average solar panel system size in East End is around 8.4 kilowatts, meaning a cost of about $20,548 for a solar installation, or $29,384 before the 0 federal solar tax credit is applied.
The true price you pay can go above or below the average in East End depending on a few factors, such as the type of solar panels you choose and the solar installer you hire.Despite the high initial cost, the average East End homeowner can save about $17,000 on their electricity bills over 20 years, which is one of the benefits of solar.
You can click the button below to get connected with a vetted solar installer in East End that can help you get a more accurate cost estimate for your home.
Solar savings over time in East End
| Year | Return on Investment |
|---|---|
| 1 years | $-19,092 |
| 3 years | $-16,179 |
| 5 years | $-13,267 |
| 7 years | $-10,355 |
| 9 years | $-7,443 |
| 11 years | $-4,531 |
| 13 years | $-1,619 |
| 15 years | $1,293 |
| 17 years | $4,205 |
| 19 years | $7,118 |
| 21 years | $10,030 |
| 23 years | $12,942 |
| 25 years | $15,854 |
Top Solar Installers in East End
When going solar, many homeowners decide to use a solar installation company since putting up a solar system yourself can be a challenging project. Since solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
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 East End
Factors that Affect Solar Panel Costs in East End
There are several criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,490. There are several different solar panel brands and the one you choose also changes the cost. Generally, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a popular route because they lower 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 financing options, 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 original 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
Finally, the company you get to install your solar panels can affect your pricing. East End’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that provides the products, warranties and services you’re looking for and also fit into your budget.
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 | $11,723 | 14.1 years |
| 8 kW | $3.56 | $19,935 | $16,021 | 13.9 years |
| 10 kW | $3.49 | $24,430 | $20,515 | 13.6 years |
| 12 kW | $3.42 | $28,730 | $25,204 | 13.3 years |
| 14 kW | $3.35 | $32,834 | $30,089 | 13.0 years |
| 16 kW | $3.28 | $36,743 | $35,169 | 12.8 years |
| 18 kW | $3.21 | $40,456 | $40,445 | 12.5 years |
| 20 kW | $3.14 | $43,974 | $45,916 | 12.2 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a tough decision, we have some tips to help you, such as:
- Installation Process: When making the switch to solar energy, it’s essential to maintain an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the project completion timeline.
- Solar Panel Brands: Different companies will carry different brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
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 East End, AR Solar Cost FAQs
How much does it cost to install solar panels in East End?
This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $17,450 for a 5-kW system and $34,900 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in East End?
You can’t get solar panels for free in East End. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
How will solar panels impact the value of my home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in East End is currently $223,845, so you can look forward to a value of about $9,178 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in East End is a rewarding investment.
How long do solar panels last in East End?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using 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.