Solar Panel Cost Guide in Heber Springs, AR (2024 Update)
- Heber Springs Solar Installation Cost: $20,839
- 25-Year Savings: $22,313
- Payback Period: 13.9 Years
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Average Cost of Solar Panels in Heber Springs
Here’s how much it might cost to go solar in Heber Springs.
The national average cost of solar panels is $2.66 per watt, but in Heber Springs it’s 3 per watt.The average Heber Springs homeowner needs a 8.5-kilowatt system, which would cost about $20,839 with the federal tax credit, or $29,800 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of installing solar panels can vary depending on a few factors, such as what size system you need, your energy usage and what solar installer you go with.Despite the large initial cost, the average Heber Springs homeowner can save about $17,000 on their electricity bills over 20 years, which is one of the benefits of solar.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Heber Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-19,383 |
| 3 years | $-16,471 |
| 5 years | $-13,559 |
| 7 years | $-10,647 |
| 9 years | $-7,734 |
| 11 years | $-4,822 |
| 13 years | $-1,910 |
| 15 years | $1,002 |
| 17 years | $3,914 |
| 19 years | $6,826 |
| 21 years | $9,738 |
| 23 years | $12,650 |
| 25 years | $15,563 |
Top Solar Installers in Heber Springs
Although you can install solar panels on your own, it requires extra labor and handiness. For that reason, most people choose to hire a solar panel installer. Another upside of using a solar company is that they can help you maximize your ROI by reducing your future costs of repairs and replacements with the help of warranties and informing you of local incentives you can take advantage of.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Heber Springs
Factors that Affect Solar Panel Costs in Heber Springs
The cost of installing a solar system in Heber Springs can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend about $3,490 per kilowatt in Heber Springs.The kind of solar equipment you choose can increase or decrease your cost 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. On the other hand, more efficient panels could save you more in the long run on your electric bills. In addition, extra products, such as solar batteries, can bump up your total well above the Heber Springs average.
Solar Financing Terms
Many homeowners find the average cost of solar in Heber Springs to be too expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in paying more over time because of interest.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can play a role in determining how much you pay. Heber Springs’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and choose a company that provides the products, warranties and services you’re looking for and also fits 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 | $11,119 | 14.5 years |
| 8 kW | $3.56 | $19,935 | $15,216 | 14.2 years |
| 10 kW | $3.49 | $24,430 | $19,508 | 13.9 years |
| 12 kW | $3.42 | $28,730 | $23,996 | 13.6 years |
| 14 kW | $3.35 | $32,834 | $28,680 | 13.3 years |
| 16 kW | $3.28 | $36,743 | $33,558 | 13.1 years |
| 18 kW | $3.21 | $40,456 | $38,633 | 12.8 years |
| 20 kW | $3.14 | $43,974 | $43,902 | 12.5 years |
How to Save on Solar Panels
The solar panel company you opt for will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, such as:
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: The type of solar panel you need to install plays a part in which company you should opt for, since different companies have different panels.
- Installation Process: Make sure you’re aligned with the company regarding how the installation process will go and what needs to be done before your solar system is installed, such as repairing your electrical system or roof.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
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 Heber Springs, AR Solar Cost FAQs
How much does it cost to install solar panels in Heber Springs?
This is a hard question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $17,450 for a 5-kW system and $34,900 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to think about 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 your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Is going solar worth it?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house 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.