Solar Panel Cost Guide in Stuttgart, AR (2024 Update)
- Stuttgart Solar Installation Cost: $20,190
- 25-Year Savings: $23,951
- Payback Period: 13.1 Years
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Average Cost of Solar Panels in Stuttgart
Here’s how much it might cost to install solar panels in Stuttgart.
The average cost of solar panels in Stuttgart is 3 per watt.The average Stuttgart homeowner needs a 8.3-kilowatt system, which would cost about $20,190 with the federal tax credit, or $28,872 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Stuttgart homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.With typical savings of about $18,000 on electricity bills over 20 years, many homeowners in Stuttgart find going solar has a decent ROI.
To receive a free estimate from a highly rated solar installation company in Stuttgart, you can click the button below.
Solar savings over time in Stuttgart
| Year | Return on Investment |
|---|---|
| 1 years | $-18,734 |
| 3 years | $-15,822 |
| 5 years | $-12,909 |
| 7 years | $-9,997 |
| 9 years | $-7,085 |
| 11 years | $-4,173 |
| 13 years | $-1,261 |
| 15 years | $1,651 |
| 17 years | $4,563 |
| 19 years | $7,475 |
| 21 years | $10,387 |
| 23 years | $13,300 |
| 25 years | $16,212 |
Top Solar Installers in Stuttgart
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Taking advantage of a solar panel installer can make your swap to solar power much easier. Another advantage of going with a solar company is that they can help you make the most of your return of investment by lowering your future costs of repairs and replacements because of warranties and giving you information on local incentives you can take advantage of.
Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Stuttgart
Factors that Affect Solar Panel Costs in Stuttgart
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that will push your cost above or below the average in Stuttgart: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The size of the solar 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 solar equipment you choose can bring your price up or down 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 power bills. Additionally, extra products, such as solar batteries, can bring your total well above the Stuttgart average.
Solar Financing Terms
Many homeowners find the average cost of solar in Stuttgart to be prohibitively steep, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest.Though solar loans make going solar more accessible for Stuttgart homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies operating in Stuttgart, and each can charge different amounts for labor and equipment.You may notice national solar installers that have lower prices due to their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $12,812 | 13.6 years |
| 8 kW | $3.56 | $19,935 | $17,474 | 13.3 years |
| 10 kW | $3.49 | $24,430 | $22,331 | 13.1 years |
| 12 kW | $3.42 | $28,730 | $27,384 | 12.8 years |
| 14 kW | $3.35 | $32,834 | $32,631 | 12.5 years |
| 16 kW | $3.28 | $36,743 | $38,075 | 12.3 years |
| 18 kW | $3.21 | $40,456 | $43,714 | 12.0 years |
| 20 kW | $3.14 | $43,974 | $49,548 | 11.8 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 models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Stuttgart, AR Solar Cost FAQs
How much does it cost to install solar panels in Stuttgart?
This is a hard question to answer exactly, because the cost depends on a variety of 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 extra solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase the value of your home?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can 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 buy 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.