Solar Panel Cost Guide in Springdale, AR (Feb 2023)
- Springdale Solar Installation Cost: $15,255
- 25-Year Savings: $20,270
- Payback Period: 10.7 Years
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Top Solar Installers in Springdale
When switching to solar energy, many homeowners decide to go with a solar company since handling can be a time-consuming project. Because solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
If you're searching for a solar installer in Springdale, the EcoWatch team has compiled a list of our top suggestions here:
See all of the solar companies in Springdale
Factors that Affect Solar Panel Costs in Springdale
For many Springdale homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Springdale, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,540. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Springdale, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, 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 companies in Springdale provide solar loans, which reduce your upfront costs of installing solar panels. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installer you pick will play a role in your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor. Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional 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||$2.64||$11,095||$13,752||11.2 years|
|8 kW||$2.59||$14,508||$18,621||10.9 years|
|10 kW||$2.54||$17,780||$23,632||10.7 years|
|12 kW||$2.49||$20,909||$28,785||10.5 years|
|14 kW||$2.44||$23,896||$34,080||10.3 years|
|16 kW||$2.39||$26,741||$39,518||10.1 years|
|18 kW||$2.34||$29,444||$45,098||9.9 years|
|20 kW||$2.29||$32,004||$50,820||9.7 years|
How to Save on Solar Panels
The solar company you opt for will impact 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 several important things you should keep in mind, including:
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Solar Panel Brands: Not all solar companies 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 opt for.
- Contract: Read the contract terms carefully to make sure you understand the overall cost, project timeline incentives and warranties.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a good company.
EcoWatch's Springdale, 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.