Solar Panel Cost Guide in Clarksville, AR (2023 Update)
- Clarksville Solar Installation Cost: $15,149
- 25-Year Savings: $19,731
- Payback Period: 10.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Clarksville
We go over average solar pricing in Clarksville.
Although the national average of solar panels is $2.66 per watt, solar panels in Clarksville generally cost around 2.54. Using this figure, a typical 8.5-kW system would cost about $15,149 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy use, the type of solar system you want, your solar contractor and more. But, once you've paid the initial cost of installation, the return on investment for most homeowners is typically rewarding, with a net average savings of about $16,000 over 20 years on energy bills.
Click the button below to get connected to a highly rated solar company in Clarksville for a customized quote.
Solar savings over time in Clarksville
| Year | Return on Investment |
|---|---|
| 1 years | $-13,753 |
| 3 years | $-10,963 |
| 5 years | $-8,173 |
| 7 years | $-5,382 |
| 9 years | $-2,592 |
| 11 years | $198 |
| 13 years | $2,989 |
| 15 years | $5,779 |
| 17 years | $8,569 |
| 19 years | $11,360 |
| 21 years | $14,150 |
| 23 years | $16,940 |
| 25 years | $19,731 |
Top Solar Installers in Clarksville
Installing solar panels yourself can be a difficult task, which is why hiring a solar installer is a good option for many homeowners. The expertise that solar companies offer can be useful as well, particularly if you aren't sure what type of solar equipment you need.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some nearby:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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
The cost of installing a solar system in Clarksville can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
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 a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your electric bills. In addition, add-on products, like solar batteries, can bump up your total well above the Clarksville average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are available from most installers in Clarksville, which can lower, or in some cases eliminate, your upfront costs to make solar more affordable. When considering your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you choose to install your solar system can play a role in determining your pricing. Clarksville's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Clarksville are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $2.64 | $11,095 | $13,471 | 11.3 years |
| 8 kW | $2.59 | $14,508 | $18,246 | 11.1 years |
| 10 kW | $2.54 | $17,780 | $23,163 | 10.9 years |
| 12 kW | $2.49 | $20,909 | $28,222 | 10.6 years |
| 14 kW | $2.44 | $23,896 | $33,424 | 10.4 years |
| 16 kW | $2.39 | $26,741 | $38,768 | 10.2 years |
| 18 kW | $2.34 | $29,444 | $44,254 | 10.0 years |
| 20 kW | $2.29 | $32,004 | $49,882 | 9.8 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 models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of offerings before making your decision.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Contract: When looking through your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Generally 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 be more expensive if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Clarksville?
Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
How will solar panels impact my property value?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know 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 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.