Solar Panel Cost Guide in Stuttgart, AR (2023 Update)
- Stuttgart Solar Installation Cost: $14,694
- 25-Year Savings: $23,951
- Payback Period: 9.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Stuttgart
Find out what the average cost of solar panel installation is in Stuttgart.
The national average cost of solar panels is $2.66 per watt, but in Stuttgart it's 2.54 per watt. The average Stuttgart homeowner needs a 8.3-kilowatt system, which would cost about $14,686 with the federal tax credit, or $21,001 before the 30% tax credit is applied.
The true cost of your system can be above or below the average in Stuttgart based on several factors, such as the kind of solar panels you choose and the solar contractor you hire. For many homeowners, the upfront investment in solar is worth paying. On average homeowners in Stuttgart see about $18,000 in savings on utility bills over 20 years.
To get a free estimate from a vetted solar installer in Stuttgart, you can click the button below.
Solar savings over time in Stuttgart
| Year | Return on Investment |
|---|---|
| 1 years | $-13,238 |
| 3 years | $-10,326 |
| 5 years | $-7,414 |
| 7 years | $-4,502 |
| 9 years | $-1,589 |
| 11 years | $1,323 |
| 13 years | $4,235 |
| 15 years | $7,147 |
| 17 years | $10,059 |
| 19 years | $12,971 |
| 21 years | $15,883 |
| 23 years | $18,795 |
| 25 years | $21,708 |
Top Solar Installers in Stuttgart
When going solar, many homeowners opt to use a solar installer since putting up solar panels yourself can be a time-consuming project. The expertise that solar installers provide can be helpful as well, especially if you aren't sure what brand of solar equipment you need.
Working with a professional 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
The cost of installing a solar system in Stuttgart can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. 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. However, higher efficiency could save you more over time on your power bills. In addition, add-on 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 too expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in paying more over time due to interest. When considering your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The last significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Stuttgart, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and find a company that has the products, warranties and services you want and also is 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 | $2.64 | $11,095 | $16,962 | 9.9 years |
| 8 kW | $2.59 | $14,508 | $22,900 | 9.7 years |
| 10 kW | $2.54 | $17,780 | $28,981 | 9.5 years |
| 12 kW | $2.49 | $20,909 | $35,204 | 9.3 years |
| 14 kW | $2.44 | $23,896 | $41,569 | 9.1 years |
| 16 kW | $2.39 | $26,741 | $48,076 | 8.9 years |
| 18 kW | $2.34 | $29,444 | $54,726 | 8.7 years |
| 20 kW | $2.29 | $32,004 | $61,518 | 8.6 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose significantly influences your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: When looking through your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
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 tough question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $12,700 for a 5-kW system and $25,400 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Stuttgart?
Leasing solar panels can be an appealing 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 option if you want to get the most savings.
Can solar panels eliminate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $935.22 per year.
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 average daily 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.