Solar Panel Cost Guide in Landmark, AR (Mar 2023)
- Landmark Solar Installation Cost: $14,917
- 25-Year Savings: $23,316
- Payback Period: 9.8 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Landmark
Find out what the average cost of a solar system is in Landmark.
The national average cost of solar panels is $2.66 per watt, but in Landmark it's 2.54 per watt. To cover the typical energy needs of the average home in Landmark, most homeowners require a 8.4-kilowatt system. Using the per-watt figure above, a solar installation costs around $14,917, or $21,331 before the federal solar tax credit of 30% is applied.
Bear in mind that the figures above are only estimates based on the average Landmark homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. Many homeowners find installing a solar system is a solid investment. The average homeowner in Landmark can save around $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 Landmark
| Year | Return on Investment |
|---|---|
| 1 years | $-13,388 |
| 3 years | $-10,329 |
| 5 years | $-7,271 |
| 7 years | $-4,212 |
| 9 years | $-1,154 |
| 11 years | $1,905 |
| 13 years | $4,964 |
| 15 years | $8,022 |
| 17 years | $11,081 |
| 19 years | $14,140 |
| 21 years | $17,198 |
| 23 years | $20,257 |
| 25 years | $23,316 |
Top Solar Installers in Landmark
Many homeowners decide to use a solar panel installer since installing solar panels on your own can be challenging. A solar installer can also help save you money in the long run by offering warranties, repairs and component replacements.
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 Landmark
Factors that Affect Solar Panel Costs in Landmark
While the average cost of a solar system in Landmark is $14,917, your final cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
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 uses, the larger your system will likely need to be. You can expect to pay around $2,540 per kilowatt in Landmark. The brand and kind of equipment you get for your solar system can raise or lower 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 can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are available from most installers in Landmark, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also increases your all-in costs, so it's crucial to keep that in mind as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Landmark is the company you choose to install your solar panel system. Similar to choosing a company to install new cabinets, for example, there are plenty of solar installers that provide a range of services at different costs. The size of the company can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger companies.
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 | $16,257 | 10.1 years |
| 8 kW | $2.59 | $14,508 | $21,960 | 9.9 years |
| 10 kW | $2.54 | $17,780 | $27,806 | 9.8 years |
| 12 kW | $2.49 | $20,909 | $33,794 | 9.6 years |
| 14 kW | $2.44 | $23,896 | $39,924 | 9.4 years |
| 16 kW | $2.39 | $26,741 | $46,196 | 9.2 years |
| 18 kW | $2.34 | $29,444 | $52,611 | 9.0 years |
| 20 kW | $2.29 | $32,004 | $59,167 | 8.8 years |
How to Save on Solar Panels
The solar panel company you choose will affect not only your total costs, but also the types 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 keep in mind, such as:
- Warranty: If you care about the longevity of your solar panels, checking if your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely provide quality solar panel installation and expertise.
- Solar Panel Brands: Different companies will have different brands and kinds of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
- Contract: Look through the contract terms carefully to make sure you understand the total cost, completion timeline rebates and warranties.
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 Landmark, AR Solar Cost FAQs
How much does it cost to install solar panels in Landmark?
The average cost of solar panels in Landmark 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 like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Landmark?
A solar panel system isn't free in Landmark, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $911.71 per year.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.