Solar Panel Cost Guide in Brookland, AR (2024 Update)
- Brookland Solar Installation Cost: $20,796
- 25-Year Savings: $19,133
- Payback Period: 15.2 Years
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Average Cost of Solar Panels in Brookland
Let’s have a look at the average cost of solar panels in Brookland.
The national average cost of solar panels is $2.66 per watt, but in Brookland it’s 3 per watt.The average Brookland homeowner needs a 8.5-kilowatt system, which would cost about $20,796 with the federal tax credit, or $29,738 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy needs, the type of solar panels you choose, your solar contractor and more.But, once you've paid the upfront cost of installation, the return on investment for most homeowners is usually good, with a net average savings of about $15,000 over 20 years on utility bills.
You can click the button below to get connected with a vetted solar installer in Brookland that can help you get a more accurate cost estimate for your home.
Solar savings over time in Brookland
| Year | Return on Investment |
|---|---|
| 1 years | $-19,340 |
| 3 years | $-16,428 |
| 5 years | $-13,516 |
| 7 years | $-10,604 |
| 9 years | $-7,692 |
| 11 years | $-4,779 |
| 13 years | $-1,867 |
| 15 years | $1,045 |
| 17 years | $3,957 |
| 19 years | $6,869 |
| 21 years | $9,781 |
| 23 years | $12,693 |
| 25 years | $15,605 |
Top Solar Installers in Brookland
Putting up solar panels yourself can be a time-consuming undertaking, which is why getting a solar installer is a good option for many homeowners. Another upside of utilizing a solar installer is that they can help you maximize your investment by cutting back on future costs of repairs and replacements because of warranties and helping you learn about local incentives you can take advantage of.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Brookland
Factors that Affect Solar Panel Costs in Brookland
Even though the average cost of a solar system in Brookland is $20,796, your final cost may be above or below the average. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The size of the solar energy system you need, 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. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your energy bills. In addition, add-on products, like solar batteries, can bump up your total well above the Brookland average.
Solar Financing Terms
Many homeowners find the average cost of solar in Brookland to be prohibitively steep, even if the investment pays off over time. Fortunately, almost every solar company in the area provides financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you hire to install your solar panel system can play a part in determining the cost. Brookland’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and choose a company that provides the products, warranties and services you want and also fits within your budget.
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 | $8,909 | 15.8 years |
| 8 kW | $3.56 | $19,935 | $12,270 | 15.5 years |
| 10 kW | $3.49 | $24,430 | $15,826 | 15.2 years |
| 12 kW | $3.42 | $28,730 | $19,577 | 14.9 years |
| 14 kW | $3.35 | $32,834 | $23,524 | 14.6 years |
| 16 kW | $3.28 | $36,743 | $27,667 | 14.3 years |
| 18 kW | $3.21 | $40,456 | $32,005 | 14.0 years |
| 20 kW | $3.14 | $43,974 | $36,538 | 13.7 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can check your installer’s reputation is by reading reviews.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: Review the contract terms carefully to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
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 Brookland, AR Solar Cost FAQs
What is the average cost of installing solar panels in Brookland?
The average cost of solar panels in Brookland is about $17,450 for a 5-kW system and $34,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Brookland?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Can solar panels eliminate my power bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Brookland, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for 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 generally 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.