Solar Panel Cost Guide in Berryville, AR (2023 Update)
- Berryville Solar Installation Cost: $15,291
- 25-Year Savings: $19,701
- Payback Period: 10.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Berryville
Find out what the average cost of solar panel installation is in Berryville.
While the national average of solar panels is $2.66 per watt, solar panels in Berryville typically cost around 2.54. Using this figure, a typical 8.6-kW system would cost about $15,291 before the 30% federal solar tax credit is applied.
These figures are only averages, and how much solar costs for you will most likely vary based on the amount of energy your home requires and what company you want to go with. Many homeowners find installing a solar system is a fruitful investment. The average homeowner in Berryville can save around $15,000 on their electricity bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Berryville that can help you get a more accurate cost estimate for your home.
Solar savings over time in Berryville
| Year | Return on Investment |
|---|---|
| 1 years | $-13,891 |
| 3 years | $-11,092 |
| 5 years | $-8,292 |
| 7 years | $-5,493 |
| 9 years | $-2,694 |
| 11 years | $106 |
| 13 years | $2,905 |
| 15 years | $5,705 |
| 17 years | $8,504 |
| 19 years | $11,303 |
| 21 years | $14,103 |
| 23 years | $16,902 |
| 25 years | $19,701 |
Top Solar Installers in Berryville
Although it's possible to install solar panels by yourself, it involves extra effort and knowledge. That's one of the reasons most homeowners choose to go with a solar panel installer. Plus, if you're unsure what kind of solar panels and equipment you may need, a solar expert can help you figure that out after a site survey and consultation.
If you'd like to start using solar energy but still aren't certain which solar panel company to go with, here are our suggestions for providers in Berryville:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Berryville
Factors that Affect Solar Panel Costs in Berryville
Though the average cost of a solar system in Berryville is $15,291, your final cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,540. There are several different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that are more efficient tend to also cost more. In addition, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a solid choice because they lower your upfront costs and allow you to pay for your system over five to seven years on average. While solar loans make adopting solar energy more accessible for Berryville homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can influence how much it costs. Berryville's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Berryville are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $2.64 | $11,095 | $13,332 | 11.4 years |
| 8 kW | $2.59 | $14,508 | $18,060 | 11.1 years |
| 10 kW | $2.54 | $17,780 | $22,931 | 10.9 years |
| 12 kW | $2.49 | $20,909 | $27,944 | 10.7 years |
| 14 kW | $2.44 | $23,896 | $33,099 | 10.5 years |
| 16 kW | $2.39 | $26,741 | $38,396 | 10.3 years |
| 18 kW | $2.34 | $29,444 | $43,836 | 10.0 years |
| 20 kW | $2.29 | $32,004 | $49,417 | 9.8 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies will have various brands and models of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
- Contract: It's important to read your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely provide good-quality solar panel installation and expertise.
- Warranty: If you care about the endurance of your solar energy system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Berryville, AR Solar Cost FAQs
How much does it cost to install solar panels in Berryville?
The average cost of solar panels in Berryville is about $12,700 for a 5-kW system and $25,400 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Berryville?
Leasing solar panels can be an appealing choice, because it commonly comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
Do solar panels increase your property value?
Solar panels can increase your property's value considerably as long as you buy or finance your panels and don't opt for 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 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 usually produce about 250 to 400 watt-hours per hour, the average household 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.