Solar Panel Cost Guide in Camden, AR (Mar 2023)
- Camden Solar Installation Cost: $14,633
- 25-Year Savings: $26,213
- Payback Period: 9.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Camden
We go over average solar pricing in Camden.
While the national average of solar panels is $2.66 per watt, solar panels in Camden generally cost about 2.54. Using this figure, a typical 8.2-kW system would cost about $14,633 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy consumption, the type of solar system you want, your solar contractor and more. For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Camden see about $19,000 in savings on energy bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Camden
| Year | Return on Investment |
|---|---|
| 1 years | $-12,999 |
| 3 years | $-9,731 |
| 5 years | $-6,464 |
| 7 years | $-3,196 |
| 9 years | $72 |
| 11 years | $3,339 |
| 13 years | $6,607 |
| 15 years | $9,875 |
| 17 years | $13,143 |
| 19 years | $16,410 |
| 21 years | $19,678 |
| 23 years | $22,946 |
| 25 years | $26,213 |
Top Solar Installers in Camden
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Using an installer can make converting to solar power much easier. The expertise that solar companies offer can be useful as well, particularly if you aren't sure what brand of solar equipment would be right for your home.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
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 Camden
Factors that Affect Solar Panel Costs in Camden
For many Camden homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Camden, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you'll pay, which we'll go over 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. Because of that, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The brand of solar panels and equipment you get is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on 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 for a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are an affordable choice because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also adds to your total costs, so it's vital to keep that in mind as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar installation companies in Camden, and each can charge varying amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 | $18,671 | 9.3 years |
| 8 kW | $2.59 | $14,508 | $25,180 | 9.1 years |
| 10 kW | $2.54 | $17,780 | $31,830 | 9.0 years |
| 12 kW | $2.49 | $20,909 | $38,623 | 8.8 years |
| 14 kW | $2.44 | $23,896 | $45,558 | 8.6 years |
| 16 kW | $2.39 | $26,741 | $52,635 | 8.4 years |
| 18 kW | $2.34 | $29,444 | $59,854 | 8.2 years |
| 20 kW | $2.29 | $32,004 | $67,216 | 8.1 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Reputation: Companies that have been operating for many years likely have a good 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.
- Contract: Before signing a contract with a solar company, make sure you look it over carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: The model of solar panel you need plays a part in which installer you should choose, since different companies have different panels.
- Warranty: If you're worried about the endurance of your solar panel system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
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 Camden, AR Solar Cost FAQs
How much does it cost to install solar panels in Camden?
The average cost of solar panels in Camden 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 stuff 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 keep in mind when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Camden?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.