Solar Panel Cost Guide in Dardanelle, AR (2024 Update)
- Dardanelle Solar Installation Cost: $20,694
- 25-Year Savings: $21,142
- Payback Period: 14.3 Years
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Average Cost of Solar Panels in Dardanelle
Find out what the average cost of solar panels are in Dardanelle.
In Dardanelle, solar panels cost about 3 per watt on average.The average solar panel system size in Dardanelle is around 8.5 kilowatts, meaning a cost of about $20,694 for a solar installation, or $29,592 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Dardanelle homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find installing solar panels is a fruitful investment. The average homeowner in Dardanelle can save about $16,000 on their energy bills over 20 years.
You can click the button below to get connected with a top solar company in Dardanelle that can help you get a more accurate cost estimate for your home.
Solar savings over time in Dardanelle
| Year | Return on Investment |
|---|---|
| 1 years | $-19,238 |
| 3 years | $-16,326 |
| 5 years | $-13,414 |
| 7 years | $-10,502 |
| 9 years | $-7,590 |
| 11 years | $-4,678 |
| 13 years | $-1,766 |
| 15 years | $1,146 |
| 17 years | $4,059 |
| 19 years | $6,971 |
| 21 years | $9,883 |
| 23 years | $12,795 |
| 25 years | $15,707 |
Top Solar Installers in Dardanelle
When going solar, many homeowners opt to use a solar installer since overseeing your solar installation yourself can be a challenging project. Because solar panels are exposed to the elements every day, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
If you’d like to switch to solar energy but still aren’t certain which solar installer to go with, here are our recommendations for providers in Dardanelle:
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 Dardanelle
Factors that Affect Solar Panel Costs in Dardanelle
Though the average cost of a solar system in Dardanelle is $20,694, your actual cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,490.The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Dardanelle have solar loans, which reduce your upfront costs of installing solar panels.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The last significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of renewable energy solutions in Dardanelle, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.Additionally, some companies in Dardanelle are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 | $10,398 | 14.9 years |
| 8 kW | $3.56 | $19,935 | $14,255 | 14.6 years |
| 10 kW | $3.49 | $24,430 | $18,308 | 14.3 years |
| 12 kW | $3.42 | $28,730 | $22,555 | 14.0 years |
| 14 kW | $3.35 | $32,834 | $26,999 | 13.7 years |
| 16 kW | $3.28 | $36,743 | $31,638 | 13.4 years |
| 18 kW | $3.21 | $40,456 | $36,472 | 13.1 years |
| 20 kW | $3.14 | $43,974 | $41,501 | 12.9 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose considerably influences your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Before signing a contract with a solar company, be sure to read it through carefully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Although 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 peruse their list of options before making your decision.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
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 Dardanelle, AR Solar Cost FAQs
What is the average cost of installing solar panels in Dardanelle?
This is a hard question to answer exactly, because the cost depends on a few different 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. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Dardanelle?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
How will solar panels impact the value of my home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Dardanelle is currently $159,900, which means you can look forward to a value of about $6,556 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Dardanelle is a rewarding investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires 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 house 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.