Solar Panel Cost Guide in De Queen, AR (2023 Update)
- De Queen Solar Installation Cost: $14,917
- 25-Year Savings: $21,147
- Payback Period: 10.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in De Queen
Here's how much it might cost to go solar in De Queen.
While the national average of solar panels is $2.66 per watt, solar panels in De Queen generally cost around 2.54. To cover the typical energy needs of the average home in De Queen, most homeowners require a 8.4-kilowatt system. Using the per-watt figure above, a solar installation costs about $14,917, or $21,331 before the federal solar tax credit of 30% is applied.
The true price you pay can go higher or lower than the average in De Queen based on a variety of factors, such as the type of solar panels you choose and the solar company you hire. Many homeowners find installing a solar system is a fruitful investment. The average homeowner in De Queen can save around $16,000 on their electricity bills over 20 years.
To receive a free estimate from a pre-vetted solar company in De Queen, you can click the button below.
Solar savings over time in De Queen
Year | Return on Investment |
---|---|
1 years | $-13,475 |
3 years | $-10,590 |
5 years | $-7,705 |
7 years | $-4,819 |
9 years | $-1,934 |
11 years | $951 |
13 years | $3,836 |
15 years | $6,721 |
17 years | $9,606 |
19 years | $12,491 |
21 years | $15,377 |
23 years | $18,262 |
25 years | $21,147 |
Top Solar Installers in De Queen
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Using a solar panel installer can make swapping over to solar power much easier. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
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 De Queen
Factors that Affect Solar Panel Costs in De Queen
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in De Queen: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it's important to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use. The type of solar panels and equipment you want is another factor that will greatly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that's in your budget.
Solar Financing Terms
Most solar installers in De Queen offer solar loans, which reduce your upfront costs of installing a solar system. While solar loans make going solar more accessible for De Queen homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in De Queen is the company you hire to install your PV system. As with choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services for different budgets. Larger national companies generally 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 | $14,709 | 10.7 years |
8 kW | $2.59 | $14,508 | $19,896 | 10.5 years |
10 kW | $2.54 | $17,780 | $25,225 | 10.3 years |
12 kW | $2.49 | $20,909 | $30,697 | 10.1 years |
14 kW | $2.44 | $23,896 | $36,311 | 9.9 years |
16 kW | $2.39 | $26,741 | $42,068 | 9.7 years |
18 kW | $2.34 | $29,444 | $47,966 | 9.5 years |
20 kW | $2.29 | $32,004 | $54,007 | 9.3 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a quality company.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. While there are many options for which brand 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 deciding.
- Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
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 De Queen, AR Solar Cost FAQs
What is the average cost of installing solar panels in De Queen?
This is a hard question to answer exactly, because the cost depends on many 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 other solar equipment or more efficient panels, or if you have above-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to think about when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in De Queen?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.