Solar Panel Cost Guide in Brookland, AR (2023 Update)
- Brookland Solar Installation Cost: $20,796
- 25-Year Savings: $19,133
- Payback Period: 15.2 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Brookland
Find out how much it might cost to install solar panels in Brookland.
The average cost of a solar panel system in Brookland is 2.54 per watt.To account for the typical energy needs of the average home in Brookland, most homeowners require a 8.5-kilowatt system. Using the per-watt figure above, a solar installation costs around $15,131, or $21,637 before the federal solar tax credit of 30% is applied.
How much you pay can go higher or lower than the average in Brookland based on a variety of factors, such as the kind of solar panels you choose and the solar installer you hire.Many homeowners find installing a solar panel system is a sound investment. The average homeowner in Brookland can save about $15,000 on their electricity bills over 20 years.
You can click the button below to get connected with a vetted solar company 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
Many homeowners choose to use a solar panel installer since figuring out how to install solar panels on your own can be a labor-intensive endeavor. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:
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
There are several criteria that can determine your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay about $2,540 per kilowatt in Brookland.The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted 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 can expect 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
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are offered by most installers in Brookland, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you opt for to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar panel companies in Brookland, and each can charge varying amounts for labor and equipment.You may notice 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 major players.
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 numerous companies available in Brookland, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Warranty: Warranties that provide coverage for defective panels and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a quality company.
- Solar Panel Brands: Different companies will have different brands and models of panels. If you prefer a specific brand, make sure the solar panel company you're considering has it.
- Contract: Even though reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
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?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $12,700 for a 5-kW system and $25,400 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Does Brookland have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future electricity bills.
How many solar panels should I get 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 typically 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.