Solar Panel Cost Guide in Haskell, AR (2024 Update)
- Haskell Solar Installation Cost: $20,548
- 25-Year Savings: $22,228
- Payback Period: 13.8 Years
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Average Cost of Solar Panels in Haskell
We go over average solar pricing in Haskell.
The national average cost of solar panels is $2.66 per watt, but in Haskell it’s 3 per watt.Using this figure, a typical 8.4-kW system would cost about $20,548 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy needs, the type of equipment you choose, your solar contractor and more.But, once you've paid the initial cost of installation, the return on investment for most homeowners is typically fruitful, with a net average savings of about $17,000 over 20 years on utility bills.
You can click the button below to get connected with a top solar company in Haskell that can help you get a more accurate cost estimate for your home.
Solar savings over time in Haskell
| 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 Haskell
Although you can install solar panels by yourself, it takes extra effort and expertise. For that reason, the majority of homeowners choose to hire a solar panel installer. Also, companies with a high reputation that cost more upfront could actually save you money in the long term with their warranties, repair services and expert design.
If you're looking for a solar company in Haskell, we've put together 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 Haskell
Factors that Affect Solar Panel Costs in Haskell
For many Haskell homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Haskell, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That’s why it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted 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 a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That’s why many Haskell homeowners choose to finance their solar panel systems to make paying for solar more affordable.Though solar loans make switching to solar energy more accessible for Haskell homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The remaining key cost factor you should consider is the installer you choose. Given the booming popularity of sustainable energy solutions in Haskell, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.Larger national companies generally have lower costs, but some local companies keep up with them by offering 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 | $3.63 | $15,244 | $11,280 | 14.4 years |
| 8 kW | $3.56 | $19,935 | $15,431 | 14.1 years |
| 10 kW | $3.49 | $24,430 | $19,777 | 13.8 years |
| 12 kW | $3.42 | $28,730 | $24,319 | 13.5 years |
| 14 kW | $3.35 | $32,834 | $29,056 | 13.3 years |
| 16 kW | $3.28 | $36,743 | $33,989 | 13.0 years |
| 18 kW | $3.21 | $40,456 | $39,117 | 12.7 years |
| 20 kW | $3.14 | $43,974 | $44,440 | 12.4 years |
How to Save on Solar Panels
There are a large number of companies available in Haskell, 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:
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- 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 like a system part breaking or if the company goes out of business.
- Solar Panel Brands: The model of solar panel you’d like to get plays a role in which company you should opt for, since different companies provide different panels.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
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 Haskell, AR Solar Cost FAQs
What is the average cost of installing solar panels in Haskell?
This is a hard question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $17,450 for a 5-kW system and $34,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
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.
Does Haskell have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future energy bills.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.