Solar Panel Cost Guide in Gravette, AR (2025 Update)
- Gravette Solar Installation Cost: $20,937
- 25-Year Savings: $21,512
- Payback Period: 14.2 Years
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Average Cost of Solar Panels in Gravette
See how much it might cost to go solar in Gravette.
While the national average of solar panels is $2.66 per watt, solar panels in Gravette typically cost about 3.The average solar panel system size in Gravette is around 8.6 kilowatts, meaning a cost of about $20,937 for a solar installation, or $29,940 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy needs, the type of solar panels you choose, your solar contractor and more.Despite the large upfront cost, the average Gravette homeowner can save around $16,000 on their energy bills over 20 years, which is one of the positives of solar.
To receive a free quote from a vetted solar company in Gravette, you can click the button below.
Solar savings over time in Gravette
Year | Return on Investment |
---|---|
1 years | $-19,439 |
3 years | $-16,442 |
5 years | $-13,445 |
7 years | $-10,448 |
9 years | $-7,451 |
11 years | $-4,454 |
13 years | $-1,456 |
15 years | $1,541 |
17 years | $4,538 |
19 years | $7,535 |
21 years | $10,532 |
23 years | $13,529 |
25 years | $16,526 |
Top Solar Installers in Gravette
Installing solar panels on your own can be a time-consuming project, which is why hiring a solar installation company is a good option for many homeowners. Solar warranties and repairs are often included in the cost of installation when you hire a solar company as well, which can save you more money after your upfront investment.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:
See all of the solar companies in Gravette
Factors that Affect Solar Panel Costs in Gravette
There are several factors 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 installs your solar panels.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend about $3,490 per kilowatt in Gravette.There are several different solar panel brands and the one you pick also changes the cost. Usually, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be much 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 Gravette to be too costly, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest.When considering your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The final major cost factor you should consider is the installer you choose. Given the booming popularity of clean energy solutions in Gravette, you’ll have lots of options to choose from, but each comes at varying price points for labor and equipment.Additionally, some companies in Gravette have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $10,484 | 14.8 years |
8 kW | $3.56 | $19,935 | $14,369 | 14.5 years |
10 kW | $3.49 | $24,430 | $18,450 | 14.2 years |
12 kW | $3.42 | $28,730 | $22,727 | 14.0 years |
14 kW | $3.35 | $32,834 | $27,199 | 13.7 years |
16 kW | $3.28 | $36,743 | $31,866 | 13.4 years |
18 kW | $3.21 | $40,456 | $36,729 | 13.1 years |
20 kW | $3.14 | $43,974 | $41,787 | 12.8 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running for a long time and save you money on part replacement and repairs.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what you need to do before your solar system is installed, such as repairing your electrical system or roof.
- Reputation: Make sure your solar company has a good reputation by verifying 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.
EcoWatch's Gravette, AR Solar Cost FAQs
What is the average cost of installing solar panels in Gravette?
The average cost of solar panels in Gravette 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 like the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Gravette?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How long do solar panels last in Gravette?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.