Solar Panel Cost Guide in Little Rock, AR (Feb 2023)
- Little Rock Solar Installation Cost: $14,917
- 25-Year Savings: $22,660
- Payback Period: 9.9 Years
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Top Solar Installers in Little Rock
When going solar, many homeowners choose to go with a solar installer since overseeing your solar installation yourself can be a difficult project. The expertise that solar companies offer can be invaluable as well, especially if you don't quite know what brand of solar equipment you need.
If you're on the hunt for a solar installer in Little Rock, the EcoWatch team has put together a list of our top suggestions here:
See all of the solar companies in Little Rock
Factors that Affect Solar Panel Costs in Little Rock
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in Little Rock: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
One of the most important factors to consider when it comes to the cost of installing solar panels 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 about $2,540 per kilowatt in Little Rock. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Little Rock, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited 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 installers in Little Rock have solar loans, which reduce the initial cost of installing solar. However, the interest on solar loans also increases your total costs, so it's important to take that into consideration 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 figure out the cost of solar for your home or business in Little Rock is the company you get to install your solar panel system. As with choosing a company to install new cabinets, for example, there's no shortage of solar installers that offer a range of services at different price points. Some companies 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 come with an above-average cost. It's best to do some research and find a company that offers the products, warranties and services you want 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||$2.64||$11,095||$15,788||10.3 years|
|8 kW||$2.59||$14,508||$21,335||10.1 years|
|10 kW||$2.54||$17,780||$27,024||9.9 years|
|12 kW||$2.49||$20,909||$32,856||9.7 years|
|14 kW||$2.44||$23,896||$38,829||9.5 years|
|16 kW||$2.39||$26,741||$44,945||9.3 years|
|18 kW||$2.34||$29,444||$51,204||9.1 years|
|20 kW||$2.29||$32,004||$57,604||8.9 years|
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Reputation: Long-standing companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you hire.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
- Contract: It's important to look over your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
EcoWatch's Little Rock, AR Solar Cost FAQs
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.