Solar Panel Cost Guide in Crossett, AR (2025 Update)
- Crossett Solar Installation Cost: $19,979
- 25-Year Savings: $24,310
- Payback Period: 12.9 Years
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Average Cost of Solar Panels in Crossett
Let’s have a look at the average cost of solar in Crossett.
Although the national average of solar panels is $2.66 per watt, solar panels in Crossett typically cost around 3.Using this figure, a typical 8.2-kW system would cost about $19,979 before the 0 federal solar tax credit is applied.
These figures are only averages, and how much solar costs for you may vary based on your specific situation and what company you choose to go with.Many homeowners find going solar is a fruitful investment. The average homeowner in Crossett can save around $18,000 on their energy bills over 20 years.
Click the button below to get connected to a vetted solar installer in Crossett for a custom quote.
Solar savings over time in Crossett
Year | Return on Investment |
---|---|
1 years | $-18,523 |
3 years | $-15,611 |
5 years | $-12,699 |
7 years | $-9,787 |
9 years | $-6,875 |
11 years | $-3,962 |
13 years | $-1,050 |
15 years | $1,862 |
17 years | $4,774 |
19 years | $7,686 |
21 years | $10,598 |
23 years | $13,510 |
25 years | $16,422 |
Top Solar Installers in Crossett
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Taking advantage of a solar company can make switching to solar power much easier. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.
If you’d like to switch to solar energy but still aren’t sure which solar system company to go with, here are our recommendations for providers near you:
See all of the solar companies in Crossett
Factors that Affect Solar Panel Costs in Crossett
The cost of installing a solar system in Crossett 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 company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $3,490 per kilowatt in Crossett.The type 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, higher efficiency could save you more over time on your electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the Crossett average.
Solar Financing Terms
Most solar companies in Crossett provide solar loans, which reduce your upfront costs of installing solar.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Crossett is the company you hire to install your solar panel system. As with choosing a company to build a deck or pool, for instance, there’s no shortage of solar installers that offer a range of services for different budgets.Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional 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 | $3.63 | $15,244 | $13,259 | 13.4 years |
8 kW | $3.56 | $19,935 | $18,069 | 13.1 years |
10 kW | $3.49 | $24,430 | $23,075 | 12.9 years |
12 kW | $3.42 | $28,730 | $28,276 | 12.6 years |
14 kW | $3.35 | $32,834 | $33,673 | 12.3 years |
16 kW | $3.28 | $36,743 | $39,265 | 12.1 years |
18 kW | $3.21 | $40,456 | $45,053 | 11.8 years |
20 kW | $3.14 | $43,974 | $51,036 | 11.6 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years in most cases offer good-quality solar panel installation and expertise.
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you want a specific brand, make sure the solar panel company you’re considering has it.
- Contract: Read the contract terms carefully to make sure you understand the cost breakdown, project timeline rebates and warranties.
EcoWatch's Crossett, AR Solar Cost FAQs
What is the average cost of installing solar panels in Crossett?
This is a hard question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $17,450 for a 5-kW system and $34,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Crossett?
Leasing solar panels can be an appealing choice, as it typically 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 tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Do solar panels increase how much your home is worth?
Solar panels can increase your home value considerably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
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 amount 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.