Solar Panel Cost Guide in Piney, AR (2024 Update)
- Piney Solar Installation Cost: $20,673
- 25-Year Savings: $21,679
- Payback Period: 14.1 Years
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Average Cost of Solar Panels in Piney
Find out what the average cost of a solar system is in Piney.
The national average cost of solar panels is $2.66 per watt, but in Piney it’s 3 per watt.Since a 8.5-kW system is needed to cover the energy needs of a typical home in Piney, the average price of going solar will be about $20,673 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy consumption, the type of solar panels you want to get, your solar contractor and more.Even with the high initial cost, the average Piney homeowner can save about $16,000 on their electricity bills over 20 years, which is one of the perks of solar.
To receive a free estimate from a pre-vetted solar installer in Piney, you can click the button below.
Solar savings over time in Piney
| Year | Return on Investment |
|---|---|
| 1 years | $-19,217 |
| 3 years | $-16,305 |
| 5 years | $-13,393 |
| 7 years | $-10,481 |
| 9 years | $-7,569 |
| 11 years | $-4,657 |
| 13 years | $-1,745 |
| 15 years | $1,167 |
| 17 years | $4,080 |
| 19 years | $6,992 |
| 21 years | $9,904 |
| 23 years | $12,816 |
| 25 years | $15,728 |
Top Solar Installers in Piney
Trying to put up solar panels on your own can be a challenging undertaking, which is why hiring a solar installer is a good option for many homeowners. Plus, if you’d like to maximize your investment in solar power, going with a solar company can help with that as well. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives, rebates and net metering programs.
If you’d like to go solar but still aren’t sure which solar installer to go with, here are our recommendations for providers in Piney:
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 Piney
Factors that Affect Solar Panel Costs in Piney
The cost of installing a solar system in Piney can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the price of a solar system in Piney, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can determine by looking at past power bills. Your overall cost can increase by around $3,490 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Piney, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are a solid 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.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Piney, you’ll have many options to choose from, but each comes at different price points for labor and equipment.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. 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 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 | $10,794 | 14.6 years |
| 8 kW | $3.56 | $19,935 | $14,783 | 14.4 years |
| 10 kW | $3.49 | $24,430 | $18,968 | 14.1 years |
| 12 kW | $3.42 | $28,730 | $23,348 | 13.8 years |
| 14 kW | $3.35 | $32,834 | $27,923 | 13.5 years |
| 16 kW | $3.28 | $36,743 | $32,694 | 13.2 years |
| 18 kW | $3.21 | $40,456 | $37,660 | 12.9 years |
| 20 kW | $3.14 | $43,974 | $42,822 | 12.7 years |
How to Save on Solar Panels
There are numerous companies to choose from in Piney, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you go with.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Look through the contract terms thoroughly to make sure you understand the overall cost, project timeline rebates and warranties.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past 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 Piney, AR Solar Cost FAQs
How much does it cost to install solar panels in Piney?
This is a hard question to answer exactly, because the cost depends on a few different 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. It will cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Piney?
Solar panels aren’t free in Piney, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in Piney?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
Though 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 how much energy they produce will have decreased significantly after that point. You can 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.