Solar Panel Cost Guide in Ozark, AR (2024 Update)
- Ozark Solar Installation Cost: $20,740
- 25-Year Savings: $20,253
- Payback Period: 14.7 Years
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Average Cost of Solar Panels in Ozark
Here’s how much it might cost to switch to solar power in Ozark.
The average cost of solar panels in Ozark is 3 per watt.The average solar panel system size in Ozark is around 8.5 kilowatts, meaning a cost of about $20,740 for a solar installation, or $29,658 before the 0 federal solar tax credit is applied.
How much you pay can go higher or lower than the average in Ozark based on a variety of factors, such as the model of solar panels you choose and the solar contractor you hire.But, once you've paid the upfront cost of installation, the savings for most homeowners is usually fruitful, with a net average savings of about $16,000 over 20 years on energy bills.
You can click the button below to get connected with a pre-vetted solar company in Ozark for a quote for your home.
Solar savings over time in Ozark
| Year | Return on Investment |
|---|---|
| 1 years | $-19,283 |
| 3 years | $-16,371 |
| 5 years | $-13,459 |
| 7 years | $-10,547 |
| 9 years | $-7,635 |
| 11 years | $-4,723 |
| 13 years | $-1,811 |
| 15 years | $1,101 |
| 17 years | $4,013 |
| 19 years | $6,926 |
| 21 years | $9,838 |
| 23 years | $12,750 |
| 25 years | $15,662 |
Top Solar Installers in Ozark
Installing solar panels on your own can be a time-consuming undertaking, which is why getting a solar installation company is a good option for many homeowners. The expertise that solar installers provide can be helpful as well, especially if you don’t quite know what brand of solar equipment you need.
Working with a licensed solar installer can help you make the most of your investment in solar. Here are our recommendations:
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 Ozark
Factors that Affect Solar Panel Costs in Ozark
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few major factors that will push your cost above or below the average in Ozark: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend around $3,490 per kilowatt in Ozark.The kind of solar equipment you choose can increase or decrease your cost 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. However, more efficient panels could save you more over time on your power bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Ozark average.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a solid route because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years.While solar loans make switching to solar energy more accessible for Ozark homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panel system can affect the cost. Ozark’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-quality, high-efficiency and high-price 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 has the products, warranties and services you’re looking for and also is within 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 | $9,738 | 15.3 years |
| 8 kW | $3.56 | $19,935 | $13,374 | 15.0 years |
| 10 kW | $3.49 | $24,430 | $17,206 | 14.7 years |
| 12 kW | $3.42 | $28,730 | $21,234 | 14.4 years |
| 14 kW | $3.35 | $32,834 | $25,457 | 14.1 years |
| 16 kW | $3.28 | $36,743 | $29,876 | 13.8 years |
| 18 kW | $3.21 | $40,456 | $34,490 | 13.5 years |
| 20 kW | $3.14 | $43,974 | $39,299 | 13.2 years |
How to Save on Solar Panels
The solar installer you choose will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, including:
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
- Warranty: If you’re worried about the durability of your solar energy system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Although there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of options before making your decision.
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 Ozark, AR Solar Cost FAQs
How much does it cost to install solar panels in Ozark?
The average cost of solar panels in Ozark 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 stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Ozark?
Leasing solar panels can be an attractive choice, because it commonly comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Can solar panels completely eradicate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $832.73 per year.
How long do solar panels last in Ozark?
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 their energy production will have decreased significantly after that point. You can opt to replace them once you've had 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.