Solar Panel Cost Guide in Greenbrier, AR (2024 Update)
- Greenbrier Solar Installation Cost: $20,705
- 25-Year Savings: $22,892
- Payback Period: 13.6 Years
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Average Cost of Solar Panels in Greenbrier
Find out what the average cost of solar panel installation is in Greenbrier.
In Greenbrier, solar panels cost about 3 per watt on average.Because a 8.5-kW system is needed to cover the energy usage of a typical home in Greenbrier, the average price of going solar will be about $20,705 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of installing solar panels can vary based on a few factors, such as how many panels you need, your energy consumption and what solar installer you go with.Even with the high upfront cost, the average Greenbrier homeowner can save about $17,000 on their electricity bills over 20 years, which is one of the benefits of solar.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Greenbrier
| Year | Return on Investment |
|---|---|
| 1 years | $-19,249 |
| 3 years | $-16,337 |
| 5 years | $-13,425 |
| 7 years | $-10,513 |
| 9 years | $-7,601 |
| 11 years | $-4,689 |
| 13 years | $-1,777 |
| 15 years | $1,136 |
| 17 years | $4,048 |
| 19 years | $6,960 |
| 21 years | $9,872 |
| 23 years | $12,784 |
| 25 years | $15,696 |
Top Solar Installers in Greenbrier
Many homeowners choose to use a solar panel company since trying to put up solar panels on your own can be a lot of work. Local solar installers can also help you maximize your return on investment by walking you through any local incentives and by providing warranties and repairs.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Greenbrier:
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 Greenbrier
Factors that Affect Solar Panel Costs in Greenbrier
There are a number of factors that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have 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 type of equipment you choose for your solar system can increase or decrease 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. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Greenbrier to be too expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to higher prices over time due to interest.When considering your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Greenbrier is the company you hire to install your PV system. As with choosing a company to renovate your kitchen, for example, you’ll have no shortage of solar installers that provide a range of services for different budgets.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and go with the company that has the products, warranties and services you want 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 | $11,630 | 14.2 years |
| 8 kW | $3.56 | $19,935 | $15,897 | 13.9 years |
| 10 kW | $3.49 | $24,430 | $20,360 | 13.6 years |
| 12 kW | $3.42 | $28,730 | $25,018 | 13.4 years |
| 14 kW | $3.35 | $32,834 | $29,872 | 13.1 years |
| 16 kW | $3.28 | $36,743 | $34,921 | 12.8 years |
| 18 kW | $3.21 | $40,456 | $40,166 | 12.5 years |
| 20 kW | $3.14 | $43,974 | $45,606 | 12.3 years |
How to Save on Solar Panels
There are many companies available in Greenbrier, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- 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.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Contract: When reading through your solar installer’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Solar Panel Brands: Not all solar companies 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.
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 Greenbrier, AR Solar Cost FAQs
What is the average cost of installing solar panels in Greenbrier?
The average cost of solar panels in Greenbrier 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 like the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
The initial cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Is it worth going solar in Greenbrier?
Solar panels can be a fruitful investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using 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.