Solar Panel Cost Guide in Dumas, AR (2024 Update)
- Dumas Solar Installation Cost: $20,028
- 25-Year Savings: $24,151
- Payback Period: 12.9 Years
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Average Cost of Solar Panels in Dumas
See how much it might cost to switch to solar power in Dumas.
While the national average of solar panels is $2.66 per watt, solar panels in Dumas generally cost about 3.Using this figure, a typical 8.2-kW system would cost about $20,028 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of making the switch to solar can vary quite a bit depending on multiple factors, such as what size system you need, your energy usage and what installation company you go with.Many homeowners find installing solar panels is a sound investment. The average homeowner in Dumas can save about $18,000 on their power bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Dumas for a quote for your home.
Solar savings over time in Dumas
| Year | Return on Investment |
|---|---|
| 1 years | $-18,571 |
| 3 years | $-15,659 |
| 5 years | $-12,747 |
| 7 years | $-9,835 |
| 9 years | $-6,923 |
| 11 years | $-4,011 |
| 13 years | $-1,099 |
| 15 years | $1,813 |
| 17 years | $4,725 |
| 19 years | $7,638 |
| 21 years | $10,550 |
| 23 years | $13,462 |
| 25 years | $16,374 |
Top Solar Installers in Dumas
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Hiring a solar company can make your swap to solar power much easier. Another upside of going with a solar company is that they can help you make the most of your ROI by cutting back on future costs of repairs and replacements with the help of warranties and giving you information on local incentives you can take advantage of.
If you're looking for a solar installer in Dumas, we've organized a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Dumas
Factors that Affect Solar Panel Costs in Dumas
Although the average cost of a solar system in Dumas is $20,028, your final cost may be higher or lower than that. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production require 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 limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are a solid option because they lower your upfront costs and let you pay for your system over five to seven years on average.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the massive popularity of clean energy solutions in Dumas, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and choose a company that has the products, warranties and services you’re looking for and also is within your budget.
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 | $13,100 | 13.4 years |
| 8 kW | $3.56 | $19,935 | $17,857 | 13.2 years |
| 10 kW | $3.49 | $24,430 | $22,810 | 12.9 years |
| 12 kW | $3.42 | $28,730 | $27,958 | 12.7 years |
| 14 kW | $3.35 | $32,834 | $33,302 | 12.4 years |
| 16 kW | $3.28 | $36,743 | $38,841 | 12.2 years |
| 18 kW | $3.21 | $40,456 | $44,576 | 11.9 years |
| 20 kW | $3.14 | $43,974 | $50,506 | 11.6 years |
How to Save on Solar Panels
There are many companies to choose from in Dumas, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: When making the switch to solar, it’s essential to keep an open line of communication with your solar panel company. Make sure you understand how the installation process works and the project completion timeline.
- 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 component breaking or if the company goes out of business.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Warranty: If you’re concerned about the endurance of your solar panels, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Dumas, AR Solar Cost FAQs
What is the average cost of installing solar panels in Dumas?
The average cost of solar panels in Dumas 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 stuff such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Dumas?
You can’t get solar panels for free in Dumas. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Dumas?
Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of 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 install 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.