Solar Panel Cost Guide in Warren, AR (2024 Update)
- Warren Solar Installation Cost: $20,032
- 25-Year Savings: $26,310
- Payback Period: 12.2 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Warren
Here’s how much it might cost to go solar in Warren.
The average cost of a solar panel system in Warren is 3 per watt.Because a 8.2-kW system is needed to cover the energy usage of a typical home in Warren, the average price of going solar will be about $20,032 after claiming the federal solar tax credit of 0.
These figures are just averages, and the cost of going solar for you may differ based on your specific situation and what company you want to go with.Many homeowners find going solar is a sound investment. The average homeowner in Warren can save about $19,000 on their electricity bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Warren
| Year | Return on Investment |
|---|---|
| 1 years | $-18,576 |
| 3 years | $-15,664 |
| 5 years | $-12,751 |
| 7 years | $-9,839 |
| 9 years | $-6,927 |
| 11 years | $-4,015 |
| 13 years | $-1,103 |
| 15 years | $1,809 |
| 17 years | $4,721 |
| 19 years | $7,633 |
| 21 years | $10,545 |
| 23 years | $13,458 |
| 25 years | $16,370 |
Top Solar Installers in Warren
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Using a solar panel installer can make switching to solar power much easier. Some solar companies, particularly local ones, can help you take advantage of incentives in Warren, therefore optimizing your ROI.
If you're on the hunt for a solar company in Warren, we've 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 Warren
Factors that Affect Solar Panel Costs in Warren
There are several criteria that can play into your solar system 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 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, your total will most likely increase by around $3,490. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Warren, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Warren, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.Although solar loans make going solar more accessible for Warren homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Warren is the company you hire to install your solar system. Similar to choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services at different costs.Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 | $14,676 | 12.7 years |
| 8 kW | $3.56 | $19,935 | $19,959 | 12.5 years |
| 10 kW | $3.49 | $24,430 | $25,437 | 12.2 years |
| 12 kW | $3.42 | $28,730 | $31,111 | 12.0 years |
| 14 kW | $3.35 | $32,834 | $36,980 | 11.8 years |
| 16 kW | $3.28 | $36,743 | $43,044 | 11.5 years |
| 18 kW | $3.21 | $40,456 | $49,304 | 11.3 years |
| 20 kW | $3.14 | $43,974 | $55,760 | 11.0 years |
How to Save on Solar Panels
There are a lot of companies available in Warren, 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:
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a good company.
- Contract: Before signing a contract with a solar installer, be sure to look it over completely so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
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 Warren, AR Solar Cost FAQs
What is the average cost of installing solar panels in Warren?
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 more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
What other factors should I consider other than cost when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on electricity bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you’re located 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 $997.34 per year.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.