Solar Panel Cost Guide in Pocahontas, AR (2024 Update)
- Pocahontas Solar Installation Cost: $20,956
- 25-Year Savings: $25,115
- Payback Period: 13.0 Years
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Average Cost of Solar Panels in Pocahontas
Let’s have a look at the average cost of solar panels in Pocahontas.
The national average cost of solar panels is $2.66 per watt, but in Pocahontas it’s 3 per watt.To account for the typical energy needs of the average home in Pocahontas, most homeowners require a 8.6-kilowatt system. Using the figure above, a solar installation costs around $20,956, or $29,967 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Pocahontas homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.For most homeowners, the upfront cost of solar power is worth paying. On average Pocahontas homeowners see about $18,000 in savings on utility bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in your area for a personalized estimate.
Solar savings over time in Pocahontas
| Year | Return on Investment |
|---|---|
| 1 years | $-19,500 |
| 3 years | $-16,588 |
| 5 years | $-13,675 |
| 7 years | $-10,763 |
| 9 years | $-7,851 |
| 11 years | $-4,939 |
| 13 years | $-2,027 |
| 15 years | $885 |
| 17 years | $3,797 |
| 19 years | $6,709 |
| 21 years | $9,621 |
| 23 years | $12,534 |
| 25 years | $15,446 |
Top Solar Installers in Pocahontas
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Going with an installer can make converting to solar power much easier. A solar installer can also help save you money over time by offering warranties, repairs and system component replacements.
If you’d like to make the switch to solar but still aren’t certain which solar company 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 Pocahontas
Factors that Affect Solar Panel Costs in Pocahontas
The cost of installing a solar system in Pocahontas can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,490. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for 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 over time on your energy bills. In addition, extra products, such as solar batteries, can bring your total well above the Pocahontas average.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are an affordable choice because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years.When estimating your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Pocahontas is the company you choose to install your PV system. Similar to choosing a company to install new cabinets, for example, you’ll have no shortage of solar installers that provide a range of services for different budgets.Companies that only sell high-quality, high-efficiency and high-price products — 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 go with the company that has 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 | $3.63 | $15,244 | $12,991 | 13.5 years |
| 8 kW | $3.56 | $19,935 | $17,712 | 13.2 years |
| 10 kW | $3.49 | $24,430 | $22,629 | 13.0 years |
| 12 kW | $3.42 | $28,730 | $27,741 | 12.7 years |
| 14 kW | $3.35 | $32,834 | $33,049 | 12.5 years |
| 16 kW | $3.28 | $36,743 | $38,552 | 12.2 years |
| 18 kW | $3.21 | $40,456 | $44,250 | 11.9 years |
| 20 kW | $3.14 | $43,974 | $50,144 | 11.7 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean 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 research your installer’s reputation is by reading reviews.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
- Contract: It’s important to read your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
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 Pocahontas, AR Solar Cost FAQs
What is the average cost of installing solar panels in Pocahontas?
This is a tough 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. It will cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Pocahontas?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Do solar panels increase the value of your home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Pocahontas is currently $135,442, which means you could be looking at a value of about $5,553 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Pocahontas is a worthwhile investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.