Solar Panel Cost Guide in Rogers, AR (2024 Update)
- Rogers Solar Installation Cost: $20,937
- 25-Year Savings: $21,022
- Payback Period: 14.4 Years
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Average Cost of Solar Panels in Rogers
Find out what the average cost of solar panel installation is in Rogers.
The average cost of a solar system in Rogers is 3 per watt.The average Rogers homeowner needs a 8.6-kilowatt system, which would cost about $20,937 with the federal tax credit, or $29,940 before the 0 tax credit is applied.
These figures are just estimates, and the cost of going solar for you will most likely look different based on your specific situation and what company you go with.Many homeowners find going solar is a fruitful investment. The average homeowner in Rogers can save about $16,000 on their power bills over 20 years.
You can click the button below to get connected with a top solar installer in Rogers that can help you get a more accurate cost estimate for your home.
Solar savings over time in Rogers
| Year | Return on Investment |
|---|---|
| 1 years | $-19,567 |
| 3 years | $-16,827 |
| 5 years | $-14,087 |
| 7 years | $-11,347 |
| 9 years | $-8,607 |
| 11 years | $-5,867 |
| 13 years | $-3,127 |
| 15 years | $-387 |
| 17 years | $2,353 |
| 19 years | $5,093 |
| 21 years | $7,833 |
| 23 years | $10,573 |
| 25 years | $13,313 |
Top Solar Installers in Rogers
When switching to solar energy, many homeowners prefer to hire a solar installer since DIY solar panel installation can be a time-consuming project. Another advantage of working with a solar installer is that they can help you optimize your ROI by bringing down your future costs of repairs and replacements with the help of warranties and informing you of local incentives you can take advantage of.
If you're looking for a solar installer in Rogers, the EcoWatch team has organized 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 Rogers
Factors that Affect Solar Panel Costs in Rogers
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in Rogers: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,490.The 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, higher efficiency could save you more over time on your power bills. Additionally, extra products, like solar batteries, can bring your total well above the Rogers average.
Solar Financing Terms
Many homeowners find the average cost of solar in Rogers to be prohibitively expensive, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to higher prices over time because of interest.It’s a good idea to include 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 the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Rogers is the company you hire to install your PV system. As with choosing a company to renovate your kitchen, for example, you’ll have many options for solar installers that provide a range of services for different budgets.Additionally, some companies in Rogers are more knowledgeable about local solar incentives and can help you make good use 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 end up saving you 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 | $10,141 | 15.0 years |
| 8 kW | $3.56 | $19,935 | $13,912 | 14.7 years |
| 10 kW | $3.49 | $24,430 | $17,878 | 14.4 years |
| 12 kW | $3.42 | $28,730 | $22,040 | 14.1 years |
| 14 kW | $3.35 | $32,834 | $26,398 | 13.9 years |
| 16 kW | $3.28 | $36,743 | $30,951 | 13.6 years |
| 18 kW | $3.21 | $40,456 | $35,699 | 13.3 years |
| 20 kW | $3.14 | $43,974 | $40,643 | 13.0 years |
How to Save on Solar Panels
There are numerous companies available in Rogers, 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:
- Solar Panel Brands: Different companies carry various brands and types of panels. If you want a specific brand, make sure the solar company you’re considering has it.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
- 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 that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Contract: Though reading through a contract can be tedious, it’s important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
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 Rogers, AR Solar Cost FAQs
How much does it cost to install solar panels in Rogers?
The average cost of solar panels in Rogers is about $17,450 for a 5-kW system and $34,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels completely eradicate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $846.17 per year.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.