Solar Panel Cost Guide in Haskell, AR (Feb 2023)
- Haskell Solar Installation Cost: $14,953
- 25-Year Savings: $22,229
- Payback Period: 10.1 Years
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Updated January 20, 2023
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Average Cost of Solar Panels in Haskell
We break down average solar pricing in Haskell.
In Haskell, solar panels cost about $3 per watt on average. The average solar panel system size in Haskell is around 8.4 kilowatts, meaning a cost of about $14,953 for a solar installation, or $11,065 after the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy consumption, the type of equipment you want to get, your solar contractor and more. But, after you've paid the upfront cost of installation, the return on investment for most homeowners is quite rewarding, with a net average savings of about $17,000 over 20 years on energy 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 | $-13,466 |
| 3 years | $-10,491 |
| 5 years | $-7,517 |
| 7 years | $-4,542 |
| 9 years | $-1,567 |
| 11 years | $1,407 |
| 13 years | $4,382 |
| 15 years | $7,356 |
| 17 years | $10,331 |
| 19 years | $13,305 |
| 21 years | $16,280 |
| 23 years | $19,254 |
| 25 years | $22,229 |
Top Solar Installers in Haskell
Many homeowners opt for a solar installation company since figuring out how to install solar panels by yourself can be hard. Companies can also offer access to various kinds of the best solar panels and help you choose which one will be best for you.
Working with a vetted solar company can help your solar project go smoothly. 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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Haskell
Factors that Affect Solar Panel Costs in Haskell
The cost of installing a solar system in Haskell can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
One of the most important 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 energy your household uses, the larger your system will likely need to be. You can expect to spend about $2,540 per kilowatt in Haskell. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Haskell, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Haskell provide solar loans, which reduce the initial cost of installing solar panels. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Haskell is the company you get to install your solar panel system. Similar to choosing a company to renovate your kitchen, for example, there's no shortage of solar installers that provide a range of services at different price points. Larger national companies typically have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car 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 | $15,430 | 10.5 years |
| 8 kW | $2.59 | $14,508 | $20,857 | 10.3 years |
| 10 kW | $2.54 | $17,780 | $26,427 | 10.1 years |
| 12 kW | $2.49 | $20,909 | $32,139 | 9.9 years |
| 14 kW | $2.44 | $23,896 | $37,994 | 9.7 years |
| 16 kW | $2.39 | $26,741 | $43,990 | 9.5 years |
| 18 kW | $2.34 | $29,444 | $50,129 | 9.3 years |
| 20 kW | $2.29 | $32,004 | $56,410 | 9.0 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose greatly impacts your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Installation Process: When going solar, it's important to keep an open line of communication with your solar panel company. Make sure you understand how the installation process works and the project timeline.
- 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 positive reviews from past customers.
- Solar Panel Brands: The type of solar panel you need to install plays a role in which installer you should opt for, since different companies offer different panels.
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Haskell, AR Solar Cost FAQs
How much does it cost to install solar panels in Haskell?
The average cost of solar panels in Haskell is about $12,700 for a 5-kW system and $25,400 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
The upfront cost is a very important factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can solar panels eliminate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $884.14 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.