Solar Panel Cost Guide in East End, AR (2024 Update)
- East End Solar Installation Cost: $20,548
- 25-Year Savings: $22,848
- Payback Period: 13.6 Years
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Average Cost of Solar Panels in East End
Find out what the average cost of installing solar panels is in East End.
Currently, the national average cost of solar panels is $2.66 per watt. However, in East End, the average cost of solar panels is 3 per watt.The average solar panel system size in East End is around 8.4 kilowatts, meaning a cost of about $20,548 for a solar installation, or $29,384 before the 0 federal solar tax credit is applied.
These figures are only estimates, and the cost of going solar for you may differ based on your energy needs and what company you go with.But, once you've paid the upfront cost of installation, the return on investment for most homeowners is usually good, with a net average savings of about $17,000 over 20 years on utility bills.
Click the button below to get connected to a top solar installer in East End for a customized quote.
Solar savings over time in East End
| Year | Return on Investment |
|---|---|
| 1 years | $-19,092 |
| 3 years | $-16,179 |
| 5 years | $-13,267 |
| 7 years | $-10,355 |
| 9 years | $-7,443 |
| 11 years | $-4,531 |
| 13 years | $-1,619 |
| 15 years | $1,293 |
| 17 years | $4,205 |
| 19 years | $7,118 |
| 21 years | $10,030 |
| 23 years | $12,942 |
| 25 years | $15,854 |
Top Solar Installers in East End
Although it's possible to install solar panels on your own, it takes extra time and handiness. For that reason, the majority of homeowners choose a solar panel installer. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance over the lifespan of your panels.
Working with a vetted solar company can help you make the most of your investment in solar. 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
See all of the solar companies in East End
Factors that Affect Solar Panel Costs in East End
There are several criteria that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,490. There are a lot of different solar panel brands and the one you pick also affects the cost. Typically, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in East End to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in paying more over time due to interest.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you hire to handle your switch to solar energy can play a role in your total costs. There are about 3 solar panel companies in East End, and each can charge different amounts for labor and equipment.You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $11,723 | 14.1 years |
| 8 kW | $3.56 | $19,935 | $16,021 | 13.9 years |
| 10 kW | $3.49 | $24,430 | $20,515 | 13.6 years |
| 12 kW | $3.42 | $28,730 | $25,204 | 13.3 years |
| 14 kW | $3.35 | $32,834 | $30,089 | 13.0 years |
| 16 kW | $3.28 | $36,743 | $35,169 | 12.8 years |
| 18 kW | $3.21 | $40,456 | $40,445 | 12.5 years |
| 20 kW | $3.14 | $43,974 | $45,916 | 12.2 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 find the right company for you, here are some tips to keep in mind:
- Installation Process: When going solar, it’s important to maintain an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the completion timeline.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you hire.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like the EcoWatch team.
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 East End, AR Solar Cost FAQs
What is the average cost of installing solar panels in East End?
The average cost of solar panels in East End is about $17,450 for a 5-kW system and $34,900 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in East End?
Solar panels aren’t free in East End, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How will solar panels impact my property value?
Solar panels can increase your home value considerably 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% after installing a solar system."
How long do solar panels last in East End?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.