Solar Panel Cost Guide in Jacksonville, AR (Mar 2023)
- Jacksonville Solar Installation Cost: $14,917
- 25-Year Savings: $22,939
- Payback Period: 9.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Jacksonville
See how much it might cost to make the switch to solar in Jacksonville.
In Jacksonville, solar panels cost about 2.54 per watt on average. Using this figure, a typical 8.4-kW system would cost about $14,917 before the 30% federal solar tax credit is applied.
How much you pay can go above or below the average in Jacksonville based on several factors, such as the kind of solar panels you choose and the solar contractor you hire. Many homeowners find installing a solar system is a sound investment. The average homeowner in Jacksonville can save about $17,000 on their electricity bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Jacksonville
| Year | Return on Investment |
|---|---|
| 1 years | $-13,403 |
| 3 years | $-10,375 |
| 5 years | $-7,346 |
| 7 years | $-4,318 |
| 9 years | $-1,289 |
| 11 years | $1,739 |
| 13 years | $4,768 |
| 15 years | $7,796 |
| 17 years | $10,825 |
| 19 years | $13,854 |
| 21 years | $16,882 |
| 23 years | $19,911 |
| 25 years | $22,939 |
Top Solar Installers in Jacksonville
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Hiring a solar company can make your swap to solar power much easier. Also, if you'd like to maximize your investment in solar power, using a solar installer can help with that as well. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives, rebates and net metering programs.
Working with a licensed solar installer can make going solar easier. 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 Jacksonville
Factors that Affect Solar Panel Costs in Jacksonville
While the average cost of a solar system in Jacksonville is $14,917, your actual cost may differ. There are several factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,540. The type of solar panels and equipment you want is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment consists of more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Jacksonville homeowners choose to finance their solar panel systems to offset upfront costs. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The remaining major cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Jacksonville, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. Additionally, some companies in Jacksonville are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save 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 | $2.64 | $11,095 | $15,987 | 10.2 years |
| 8 kW | $2.59 | $14,508 | $21,601 | 10.0 years |
| 10 kW | $2.54 | $17,780 | $27,357 | 9.8 years |
| 12 kW | $2.49 | $20,909 | $33,255 | 9.7 years |
| 14 kW | $2.44 | $23,896 | $39,295 | 9.5 years |
| 16 kW | $2.39 | $26,741 | $45,478 | 9.3 years |
| 18 kW | $2.34 | $29,444 | $51,802 | 9.1 years |
| 20 kW | $2.29 | $32,004 | $58,269 | 8.9 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: When looking through your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Warranty: If you're concerned about the endurance of your solar energy system, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to do the job well. Another way you can verify your installer's reputation is by reading reviews.
- Solar Panel Brands: The type of solar panel you want to get plays a part in which installer you should go with, since different companies have access to 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 Jacksonville, AR Solar Cost FAQs
What is the average cost of installing solar panels in Jacksonville?
The average cost of solar panels in Jacksonville 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 stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Jacksonville?
A solar panel system isn't free in Jacksonville, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Do solar panels increase the value of your home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Jacksonville is currently $137,485, so you can look forward to a value of about $5,637 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Jacksonville is a fruitful investment.
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 how much 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 cover 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.