Solar Panel Cost Guide in Berryville, AR (2024 Update)
- Berryville Solar Installation Cost: $20,998
- 25-Year Savings: $19,710
- Payback Period: 15.0 Years
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Average Cost of Solar Panels in Berryville
Find out what the average cost of solar panels are in Berryville.
In Berryville, solar panels cost about 3 per watt on average.The average Berryville homeowner needs a 8.6-kilowatt system, which would cost about $20,998 with the federal tax credit, or $30,027 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Berryville homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Even with the large upfront cost, the average Berryville homeowner can save about $15,000 on their electricity bills over 20 years, which is one of the benefits of solar.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Berryville
| Year | Return on Investment |
|---|---|
| 1 years | $-19,542 |
| 3 years | $-16,630 |
| 5 years | $-13,718 |
| 7 years | $-10,806 |
| 9 years | $-7,894 |
| 11 years | $-4,982 |
| 13 years | $-2,070 |
| 15 years | $843 |
| 17 years | $3,755 |
| 19 years | $6,667 |
| 21 years | $9,579 |
| 23 years | $12,491 |
| 25 years | $15,403 |
Top Solar Installers in Berryville
Trying to install solar panels on your own can be a dangerous project, which is why hiring a solar installation company is a good option for many homeowners. A solar company can also help save you money over time by providing warranties, repairs and system component replacements.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some 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
See all of the solar companies in Berryville
Factors that Affect Solar Panel Costs in Berryville
The cost of installing a solar system in Berryville can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the most significant 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 brand and kind of equipment you want for your solar system can increase or decrease 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 limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many Berryville homeowners opt to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also increases your overall costs, so it’s crucial to take that into consideration as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you opt for to install your solar system can affect your pricing. Berryville’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Berryville know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, 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 | $3.63 | $15,244 | $9,182 | 15.6 years |
| 8 kW | $3.56 | $19,935 | $12,634 | 15.3 years |
| 10 kW | $3.49 | $24,430 | $16,281 | 15.0 years |
| 12 kW | $3.42 | $28,730 | $20,123 | 14.7 years |
| 14 kW | $3.35 | $32,834 | $24,161 | 14.4 years |
| 16 kW | $3.28 | $36,743 | $28,394 | 14.1 years |
| 18 kW | $3.21 | $40,456 | $32,823 | 13.8 years |
| 20 kW | $3.14 | $43,974 | $37,447 | 13.5 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Berryville, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: If you care about the longevity of your solar energy system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can research your installer’s reputation is by reading reviews.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
- Contract: Look through the contract terms closely to make sure you understand the total cost, 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
EcoWatch's Berryville, AR Solar Cost FAQs
What is the average cost of installing solar panels in Berryville?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Broadly 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 other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels significantly reduce my energy bills?
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 $814.21 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 needs 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 home 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.