Solar Panel Cost Guide in Bryant, AR (Mar 2023)
- Bryant Solar Installation Cost: $14,953
- 25-Year Savings: $21,560
- Payback Period: 10.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Bryant
Find out what the average cost of solar panel installation is in Bryant.
The national average cost of solar panels is $2.66 per watt, but in Bryant it's 2.54 per watt. To account for the typical energy needs of the average home in Bryant, most homeowners require a 8.4-kilowatt system. Using the figure above, a solar installation costs around $14,953, or $21,383 before the federal solar tax credit of 30% is applied.
The true cost of your system can go higher or lower than the average in Bryant based on several factors, such as the type of solar panels you choose and the solar company you hire. Despite the significant initial cost, the average Bryant homeowner can save around $16,000 on their energy bills over 20 years, which is one of the positives of solar.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Bryant
| Year | Return on Investment |
|---|---|
| 1 years | $-13,492 |
| 3 years | $-10,571 |
| 5 years | $-7,650 |
| 7 years | $-4,729 |
| 9 years | $-1,808 |
| 11 years | $1,113 |
| 13 years | $4,034 |
| 15 years | $6,955 |
| 17 years | $9,876 |
| 19 years | $12,797 |
| 21 years | $15,718 |
| 23 years | $18,639 |
| 25 years | $21,560 |
Top Solar Installers in Bryant
When making the switch to solar, many homeowners choose to go with a solar installer since DIY solar panel installation can be a time-consuming project. The expertise that solar companies offer can be valuable as well, particularly if you don't quite know what kind of solar equipment would be right for your home.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some in Bryant:
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Bryant
Factors that Affect Solar Panel Costs in Bryant
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that determine your overall cost in Bryant: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. The kind of solar panels and equipment you choose is another factor that will significantly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Further, solar equipment goes beyond just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that's in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are available from most installers in Bryant, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. Though solar loans make switching to solar energy more accessible for Bryant 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
The solar company you pick will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor. The company's size can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
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 |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a tough decision, we have some tips to help you, such as:
- Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, project timeline rebates and warranties.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Even though there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before deciding.
- Installation Process: Make sure you're aligned with the company with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating your electrical system or roof.
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Bryant, AR Solar Cost FAQs
How much does it cost to install solar panels in Bryant?
The average cost of solar panels in Bryant 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than cost 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 cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Does Bryant have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Bryant?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.