Solar Panel Cost Guide in Bryant, AR (2023 Update)
- Bryant Solar Installation Cost: $14,954
- 25-Year Savings: $21,558
- Payback Period: 10.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Bryant
Let's have a look at the average cost of solar in Bryant.
Although the national average of solar panels is $2.66 per watt, solar panels in Bryant typically cost about 2.54. To cover the typical energy usage 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 prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of making the switch to solar can vary depending on several factors, such as how many panels you need, your energy usage and what company you go with. Many homeowners find installing solar panels is a fruitful investment. The average homeowner in Bryant can save around $16,000 on their electricity bills over 20 years.
Click the button below to get connected to a highly rated solar company in Bryant for a customized quote.
Solar savings over time in Bryant
| Year | Return on Investment |
|---|---|
| 1 years | $-14,833 |
| 3 years | $-14,589 |
| 5 years | $-14,346 |
| 7 years | $-14,102 |
| 9 years | $-13,859 |
| 11 years | $-13,616 |
| 13 years | $-13,372 |
| 15 years | $-13,129 |
| 17 years | $-12,885 |
| 19 years | $-12,642 |
| 21 years | $-12,399 |
| 23 years | $-12,155 |
| 25 years | $-11,912 |
Top Solar Installers in Bryant
Putting up solar panels by yourself can be a challenging task, which is why hiring a solar installer is a good option for many homeowners. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Bryant
Factors that Affect Solar Panel Costs in Bryant
For many Bryant homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Bryant, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Bryant, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can determine by looking at past energy bills. Your overall cost can increase by about $2,540 for each additional kilowatt you need. The type of solar panels and equipment you choose is another factor that will considerably affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Furthermore, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Bryant to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in paying more over time because of interest. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Bryant is the company you hire to install your solar panel system. As with choosing a company to renovate your kitchen, for example, you'll have no shortage of solar installers that provide a range of services at different price points. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and go with the company that provides the products, warranties and services you're looking for and also fit into 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 | $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
There are numerous companies to choose from in Bryant, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of options before making your decision.
- Contract: It's important to read your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Installation Process: When going solar, it's necessary to maintain an open line of communication with your solar installer. See to it that you understand how the installation process works and the project timeline.
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
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 Bryant, AR Solar Cost FAQs
What is the average cost of installing 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 real 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.
Is cost the most important thing to consider when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Bryant?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future utility 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 generally 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.