Solar Panel Cost Guide in Ozark, AR (2024 Update)
- Ozark Solar Installation Cost: $20,740
- 25-Year Savings: $20,253
- Payback Period: 14.7 Years
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Average Cost of Solar Panels in Ozark
Here’s how much it might cost to switch to solar power in Ozark.
The average cost of solar panels in Ozark is 3 per watt.The average solar panel system size in Ozark is around 8.5 kilowatts, meaning a cost of about $20,740 for a solar installation, or $29,658 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Ozark homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $16,000 on energy bills over 20 years, many homeowners in Ozark find going solar can be quite rewarding.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Ozark
| Year | Return on Investment |
|---|---|
| 1 years | $-19,283 |
| 3 years | $-16,371 |
| 5 years | $-13,459 |
| 7 years | $-10,547 |
| 9 years | $-7,635 |
| 11 years | $-4,723 |
| 13 years | $-1,811 |
| 15 years | $1,101 |
| 17 years | $4,013 |
| 19 years | $6,926 |
| 21 years | $9,838 |
| 23 years | $12,750 |
| 25 years | $15,662 |
Top Solar Installers in Ozark
Although you can install solar panels by yourself, it requires extra effort and knowledge. For that reason, most homeowners choose to hire a solar panel installer. The expertise that solar installers offer can be helpful as well, especially if you don’t quite know what type of solar equipment you need.
There are various licensed solar professionals that can help you install your solar panels. 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 Ozark
Factors that Affect Solar Panel Costs in Ozark
There are many criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Ozark, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can determine by looking at past electricity bills. Your overall cost can increase by around $3,490 for each additional kilowatt you need.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get 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 energy bills. Additionally, extra products, such as solar batteries, can bring your total well above the Ozark average.
Solar Financing Terms
Most solar installers in Ozark offer solar loans, which reduce your upfront costs of installing solar.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you choose to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies in Ozark, and each can charge varying amounts for labor and equipment.Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 | $9,738 | 15.3 years |
| 8 kW | $3.56 | $19,935 | $13,374 | 15.0 years |
| 10 kW | $3.49 | $24,430 | $17,206 | 14.7 years |
| 12 kW | $3.42 | $28,730 | $21,234 | 14.4 years |
| 14 kW | $3.35 | $32,834 | $25,457 | 14.1 years |
| 16 kW | $3.28 | $36,743 | $29,876 | 13.8 years |
| 18 kW | $3.21 | $40,456 | $34,490 | 13.5 years |
| 20 kW | $3.14 | $43,974 | $39,299 | 13.2 years |
How to Save on Solar Panels
The solar installer you opt for will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, such as:
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the project timeline.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of offerings before deciding.
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 Ozark, AR Solar Cost FAQs
How much does it cost to install solar panels in Ozark?
The average cost of solar panels in Ozark 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 certain factors such as the model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Ozark?
Leasing solar panels can be an attractive choice, as it commonly comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
How much can I save on power bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Ozark, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Ozark?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.