Solar Panel Cost Guide in Batesville, AR (Mar 2023)
- Batesville Solar Installation Cost: $15,113
- 25-Year Savings: $21,612
- Payback Period: 10.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Batesville
We break down average solar pricing in Batesville.
The average cost of a solar panel system in Batesville is 2.54 per watt. Because a 8.5-kW system is needed to cover the energy costs of a typical home in Batesville, the average price of going solar will be about $15,113 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of making the switch to solar can vary depending on several factors, such as how many panels you need, your energy usage and what installation company you go with. Despite the large upfront cost, the average Batesville homeowner can save around $16,000 on their electricity bills over 20 years, which is one of the positives of solar.
To get a free estimate from a pre-vetted solar installation company in Batesville, you can click the button below.
Solar savings over time in Batesville
| Year | Return on Investment |
|---|---|
| 1 years | $-13,644 |
| 3 years | $-10,706 |
| 5 years | $-7,768 |
| 7 years | $-4,830 |
| 9 years | $-1,892 |
| 11 years | $1,046 |
| 13 years | $3,984 |
| 15 years | $6,922 |
| 17 years | $9,860 |
| 19 years | $12,798 |
| 21 years | $15,736 |
| 23 years | $18,674 |
| 25 years | $21,612 |
Top Solar Installers in Batesville
Many homeowners choose to use a solar installation company since trying to install solar panels on your own can be time-consuming. The expertise that solar companies provide can be invaluable as well, particularly if you don't quite know what brand of solar equipment would be right for your home.
If you'd like to start using solar energy but still aren't sure which solar company to go with, here are our recommendations for providers near you:
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Batesville
Factors that Affect Solar Panel Costs in Batesville
For many Batesville homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Batesville, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. The model of solar panels and equipment you want is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That's why many Batesville homeowners decide to finance their solar panel systems to make going solar more affordable. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, 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 estimate the cost of solar for your home or business in Batesville is the company you hire to install your PV system. Similar to choosing a company to build a deck or pool, for example, you'll have no shortage of solar installers that provide a range of services for different budgets. You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.64 | $11,095 | $14,828 | 10.7 years |
| 8 kW | $2.59 | $14,508 | $20,055 | 10.5 years |
| 10 kW | $2.54 | $17,780 | $25,425 | 10.3 years |
| 12 kW | $2.49 | $20,909 | $30,936 | 10.1 years |
| 14 kW | $2.44 | $23,896 | $36,590 | 9.9 years |
| 16 kW | $2.39 | $26,741 | $42,387 | 9.7 years |
| 18 kW | $2.34 | $29,444 | $48,325 | 9.5 years |
| 20 kW | $2.29 | $32,004 | $54,406 | 9.3 years |
How to Save on Solar Panels
There are numerous companies to choose from in Batesville, 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:
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of 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 positive reviews from past customers.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Solar Panel Brands: Different companies offer various brands and models of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Batesville, AR Solar Cost FAQs
What is the average cost of installing solar panels in Batesville?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $12,700 for a 5-kW system and $25,400 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Batesville?
The majority of states have net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a 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.