Solar Panel Cost Guide in Clarksville, AR (2024 Update)
- Clarksville Solar Installation Cost: $20,812
- 25-Year Savings: $19,733
- Payback Period: 14.9 Years
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Average Cost of Solar Panels in Clarksville
We break down average solar pricing in Clarksville.
In Clarksville, solar panels cost about 3 per watt on average.The average Clarksville homeowner needs a 8.5-kilowatt system, which would cost about $20,812 with the federal tax credit, or $29,761 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Clarksville homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Even with the high initial cost, the average Clarksville homeowner can save about $16,000 on their electricity bills over 20 years, which is one of the positives of solar.
You can click the button below to get connected with a vetted solar installer in Clarksville that can help you get a more accurate cost estimate for your home.
Solar savings over time in Clarksville
| Year | Return on Investment |
|---|---|
| 1 years | $-19,356 |
| 3 years | $-16,443 |
| 5 years | $-13,531 |
| 7 years | $-10,619 |
| 9 years | $-7,707 |
| 11 years | $-4,795 |
| 13 years | $-1,883 |
| 15 years | $1,029 |
| 17 years | $3,941 |
| 19 years | $6,853 |
| 21 years | $9,766 |
| 23 years | $12,678 |
| 25 years | $15,590 |
Top Solar Installers in Clarksville
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Going with an installer can make converting to solar power much easier. Also, if you’d like to maximize your investment in solar power, going with a solar installer can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives.
If you're searching for a solar installer in Clarksville, the EcoWatch team has organized a list of our top suggestions here:
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 Clarksville
Factors that Affect Solar Panel Costs in Clarksville
There are a number of criteria that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay around $3,490 per kilowatt in Clarksville.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Clarksville, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That’s why many Clarksville homeowners opt to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can impact how much it costs. Clarksville’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Clarksville have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $9,322 | 15.5 years |
| 8 kW | $3.56 | $19,935 | $12,820 | 15.2 years |
| 10 kW | $3.49 | $24,430 | $16,513 | 14.9 years |
| 12 kW | $3.42 | $28,730 | $20,402 | 14.6 years |
| 14 kW | $3.35 | $32,834 | $24,486 | 14.3 years |
| 16 kW | $3.28 | $36,743 | $28,766 | 14.0 years |
| 18 kW | $3.21 | $40,456 | $33,241 | 13.7 years |
| 20 kW | $3.14 | $43,974 | $37,912 | 13.4 years |
How to Save on Solar Panels
The solar panel company you opt for will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, such as:
- Contract: Though reading through a contract can take a lot of time, it’s important to do it fully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running smoothly and save you money on repairs and maintenance.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.
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 Clarksville, AR Solar Cost FAQs
How much does it cost to install solar panels in Clarksville?
The average cost of solar panels in Clarksville 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 kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Clarksville?
You can’t get solar panels for free in Clarksville. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Clarksville?
Each state has some kind 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 offer you credit toward your future energy bills.
How long do solar panels last in Clarksville?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using 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.