Solar Panel Cost Guide in Piney, AR (2025 Update)
- Piney Solar Installation Cost: $20,673
- 25-Year Savings: $21,679
- Payback Period: 14.1 Years
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Average Cost of Solar Panels in Piney
Find out what the average cost of a solar system is in Piney.
The national average cost of solar panels is $2.66 per watt, but in Piney it’s 3 per watt.To account for the typical energy usage of the average home in Piney, most homeowners require a 8.5-kilowatt system. Using the figure above, a solar installation costs about $20,673, or $29,562 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy use, the type of equipment you want, your solar contractor and more.Many homeowners find adopting solar power is a sound investment. The average homeowner in Piney can save about $16,000 on their electricity bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Piney
| Year | Return on Investment |
|---|---|
| 1 years | $-19,217 |
| 3 years | $-16,305 |
| 5 years | $-13,393 |
| 7 years | $-10,481 |
| 9 years | $-7,569 |
| 11 years | $-4,657 |
| 13 years | $-1,745 |
| 15 years | $1,167 |
| 17 years | $4,080 |
| 19 years | $6,992 |
| 21 years | $9,904 |
| 23 years | $12,816 |
| 25 years | $15,728 |
Top Solar Installers in Piney
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Taking advantage of a solar company can make swapping over to solar power much easier. Another perk of working with a solar installer is that they can help you optimize your ROI by cutting back on future costs of repairs and replacements due to warranties and helping you learn about local incentives you can take advantage of.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some near you:
See all of the solar companies in Piney
Factors that Affect Solar Panel Costs in Piney
For many Piney homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Piney, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay about $3,490 per kilowatt in Piney.The kind of solar panels and equipment you get is another factor that will significantly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment goes beyond 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 into a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a solid route because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years.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 can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar company you choose to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies operating in Piney, and each can charge different amounts for labor and equipment.The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to 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 promotion can bring their pricing lower 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 | $3.63 | $15,244 | $10,794 | 14.6 years |
| 8 kW | $3.56 | $19,935 | $14,783 | 14.4 years |
| 10 kW | $3.49 | $24,430 | $18,968 | 14.1 years |
| 12 kW | $3.42 | $28,730 | $23,348 | 13.8 years |
| 14 kW | $3.35 | $32,834 | $27,923 | 13.5 years |
| 16 kW | $3.28 | $36,743 | $32,694 | 13.2 years |
| 18 kW | $3.21 | $40,456 | $37,660 | 12.9 years |
| 20 kW | $3.14 | $43,974 | $42,822 | 12.7 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose significantly affects your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of offerings before making your decision.
- Warranty: Warranties that provide coverage for defective panels and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one sign of a quality company.
- Contract: When reading through your solar installer’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can verify your installer’s reputation is by reading reviews.
EcoWatch's Piney, AR Solar Cost FAQs
What is the average cost of installing solar panels in Piney?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $17,450 for a 5-kW system and $34,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Piney?
You can’t get solar panels for free in Piney. 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.
Is it worth going solar in Piney?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
How long do solar panels last in Piney?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use 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.