Solar Panel Cost Guide in Osceola, AR (2024 Update)
- Osceola Solar Installation Cost: $20,876
- 25-Year Savings: $18,612
- Payback Period: 15.4 Years
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Average Cost of Solar Panels in Osceola
We break down average solar pricing in Osceola.
In Osceola, solar panels cost about 3 per watt on average.To account for the typical energy usage of the average home in Osceola, most homeowners require a 8.5-kilowatt system. Using the figure above, a solar installation costs around $20,876, or $29,853 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of going solar can vary quite a bit based on a few factors, such as how many panels you need, your energy usage and what solar installer you go with.For most homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $15,000 in savings on electricity bills over 20 years.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Osceola
| Year | Return on Investment |
|---|---|
| 1 years | $-19,420 |
| 3 years | $-16,508 |
| 5 years | $-13,596 |
| 7 years | $-10,684 |
| 9 years | $-7,772 |
| 11 years | $-4,859 |
| 13 years | $-1,947 |
| 15 years | $965 |
| 17 years | $3,877 |
| 19 years | $6,789 |
| 21 years | $9,701 |
| 23 years | $12,613 |
| 25 years | $15,525 |
Top Solar Installers in Osceola
When switching to solar energy, many homeowners choose to hire a solar installer since putting up a solar system yourself can be a time-consuming project. Plus, if you’re not certain what type of solar panels and equipment you need, a solar installer can help you figure that out after a site survey and consultation.
If you’d like to go solar but still aren’t sure which solar installer to go with, here are our suggestions for providers nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Osceola
Factors that Affect Solar Panel Costs in Osceola
For many Osceola homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Osceola, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most significant 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 electricity your household consumes, the larger your system will likely need to be. You can expect to spend around $3,490 per kilowatt in Osceola.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Osceola, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Osceola offer solar loans, which reduce the initial cost of installing solar.When considering 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 solar company you choose will affect your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $8,492 | 16.1 years |
| 8 kW | $3.56 | $19,935 | $11,713 | 15.7 years |
| 10 kW | $3.49 | $24,430 | $15,130 | 15.4 years |
| 12 kW | $3.42 | $28,730 | $18,743 | 15.1 years |
| 14 kW | $3.35 | $32,834 | $22,551 | 14.8 years |
| 16 kW | $3.28 | $36,743 | $26,554 | 14.5 years |
| 18 kW | $3.21 | $40,456 | $30,753 | 14.2 years |
| 20 kW | $3.14 | $43,974 | $35,147 | 13.9 years |
How to Save on Solar Panels
The solar installer you go with will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, including:
- Contract: Review the contract terms carefully to make sure you understand how much it will cost, project timeline rebates and warranties.
- Solar Panel Brands: The brand of solar panel you need plays a part in which company you should go with, since different companies have access to different panels.
- Warranty: If you care about the longevity of your solar energy system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- 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 that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Osceola, AR Solar Cost FAQs
What is the average cost of installing solar panels in Osceola?
The average cost of solar panels in Osceola is about $17,450 for a 5-kW system and $34,900 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Osceola?
You can’t get solar panels for free in Osceola. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Does Osceola have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.
How long do solar panels last in Osceola?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.
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.