Solar Panel Cost Guide in Pocahontas, AR (2024 Update)
- Pocahontas Solar Installation Cost: $20,956
- 25-Year Savings: $25,115
- Payback Period: 13.0 Years
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Average Cost of Solar Panels in Pocahontas
Let’s have a look at the average cost of solar panels in Pocahontas.
The average cost of a solar system in Pocahontas is 3 per watt.To cover the typical energy usage of the average home in Pocahontas, most homeowners require a 8.6-kilowatt system. Using the figure above, a solar installation costs around $20,956, or $29,967 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of making the switch to solar can vary depending on multiple factors, such as what size system you need, your energy consumption and what installation company you go with.With typical savings of about $18,000 on energy bills over 20 years, many homeowners in Pocahontas find installing solar panels can be quite rewarding.
To get a free estimate from a highly rated solar company in Pocahontas, you can click the button below.
Solar savings over time in Pocahontas
| Year | Return on Investment |
|---|---|
| 1 years | $-19,500 |
| 3 years | $-16,588 |
| 5 years | $-13,675 |
| 7 years | $-10,763 |
| 9 years | $-7,851 |
| 11 years | $-4,939 |
| 13 years | $-2,027 |
| 15 years | $885 |
| 17 years | $3,797 |
| 19 years | $6,709 |
| 21 years | $9,621 |
| 23 years | $12,534 |
| 25 years | $15,446 |
Top Solar Installers in Pocahontas
Many homeowners choose to use a solar installer since trying to put up solar panels on your own can be a labor-intensive endeavor. Plus, if you aren’t sure what kind of solar panels and equipment you need, a solar company can help you figure that out after a site survey and consultation.
You can get a free quote from a local solar installer on how much solar panels 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 Pocahontas
Factors that Affect Solar Panel Costs in Pocahontas
The cost of installing a solar system in Pocahontas can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.There are a lot of different solar panel brands and the one you choose also changes the cost. In many cases, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a popular route because they reduce your upfront costs and let you pay for your system over five to seven years on average.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you’re only able to 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 installer you pick will influence your total cost to make the switch to solar energy. Different companies will bill different amounts for the equipment and labor.The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $12,991 | 13.5 years |
| 8 kW | $3.56 | $19,935 | $17,712 | 13.2 years |
| 10 kW | $3.49 | $24,430 | $22,629 | 13.0 years |
| 12 kW | $3.42 | $28,730 | $27,741 | 12.7 years |
| 14 kW | $3.35 | $32,834 | $33,049 | 12.5 years |
| 16 kW | $3.28 | $36,743 | $38,552 | 12.2 years |
| 18 kW | $3.21 | $40,456 | $44,250 | 11.9 years |
| 20 kW | $3.14 | $43,974 | $50,144 | 11.7 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 picking a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Solar Panel Brands: Different companies will have different brands and types of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
- Contract: Before signing a contract with a solar installer, be sure to read it through completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Warranty: Warranties that cover defective panels and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one sign of a good company.
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 Pocahontas, AR Solar Cost FAQs
What is the average cost of installing solar panels in Pocahontas?
This is a difficult 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. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Pocahontas?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Do solar panels increase the value of your home?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.