Solar Panel Cost Guide in East End, AR (Feb 2023)
- East End Solar Installation Cost: $14,953
- 25-Year Savings: $22,850
- Payback Period: 9.9 Years
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Top Solar Installers in East End
Many homeowners opt for a solar installer since trying to install solar panels by yourself can be a labor-intensive endeavor. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and system component replacements.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
See all of the solar companies in East End
Factors that Affect Solar Panel Costs in East End
There are several criteria that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need 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 $2,540. The 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. However, higher efficiency could save you more in the long run on your power bills. Additionally, add-on products, like solar batteries, can bump up your total well above the East End average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are provided by most installers in East End, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also increases your overall costs, so it's vital to consider that as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The remaining major cost factor you should take into consideration is the installer you choose. Given the booming popularity of renewable energy solutions in East End, you'll have many options to choose from, but each comes at different price points for labor and equipment. Larger national companies usually have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to 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||$15,872||10.3 years|
|8 kW||$2.59||$14,508||$21,448||10.1 years|
|10 kW||$2.54||$17,780||$27,165||9.9 years|
|12 kW||$2.49||$20,909||$33,025||9.7 years|
|14 kW||$2.44||$23,896||$39,027||9.5 years|
|16 kW||$2.39||$26,741||$45,171||9.3 years|
|18 kW||$2.34||$29,444||$51,457||9.1 years|
|20 kW||$2.29||$32,004||$57,886||8.9 years|
How to Save on Solar Panels
Since the model of solar panels and the installation 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 panel companies that have great reviews from their customers and that have been in business for many years likely provide quality solar panel installation and expertise.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Solar Panel Brands: Different companies will carry different brands and models of panels. If you prefer a specific brand, make sure the solar panel company you're considering has it.
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
EcoWatch's East End, AR Solar Cost FAQs
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.