Why you can trust EcoWatch
Top Solar Installers in Benton
Although it's possible to install solar panels yourself, it involves extra effort and handiness. That's one of the reasons most people choose to hire a solar panel installer. A solar company can also help save you money over time by providing warranties, repairs and system component replacements.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Benton
Factors that Affect Solar Panel Costs in Benton
For many Benton homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Benton, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment Size
When it comes to estimating the cost of a solar panel system in Benton, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can gauge by looking at past power bills. Your overall cost can increase by about $2,540 for each additional kilowatt you need. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That's why many Benton homeowners choose to finance their solar panel systems to make going solar more affordable. 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 above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can play a part in determining the cost. Benton's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Benton have more knowledge 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 help you save 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||$2.64||$11,095||$14,952||10.6 years|
|8 kW||$2.59||$14,508||$20,221||10.4 years|
|10 kW||$2.54||$17,780||$25,631||10.2 years|
|12 kW||$2.49||$20,909||$31,184||10.0 years|
|14 kW||$2.44||$23,896||$36,879||9.8 years|
|16 kW||$2.39||$26,741||$42,717||9.6 years|
|18 kW||$2.34||$29,444||$48,697||9.4 years|
|20 kW||$2.29||$32,004||$54,819||9.2 years|
Solar Incentives in Benton
How to Save on Solar Panels
The solar company you opt for will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, such as:
- Solar Panel Brands: The brand of solar panel you'd like to get plays a role in which company you should opt for, since different companies offer different panels.
- Contract: Before you sign a contract with a solar company, be sure to look it over fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years in most cases provide quality solar panel installation and expertise.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
EcoWatch's Benton, AR Solar Cost FAQs
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.