Solar Panel Cost Guide in Tontitown, AR (2025 Update)
- Tontitown Solar Installation Cost: $20,977
- 25-Year Savings: $21,004
- Payback Period: 14.5 Years
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Average Cost of Solar Panels in Tontitown
We break down average solar pricing in Tontitown.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Tontitown, the typical cost of a solar system is 3 per watt.Using this figure, a typical 8.6-kW system would cost about $20,977 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of making the switch to solar can vary depending on a few factors, such as how many panels you need, your energy usage and what company you go with.Despite the high upfront cost, the average Tontitown homeowner can save around $16,000 on their power bills over 20 years, which is one of the advantages of solar.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Tontitown
Year | Return on Investment |
---|---|
1 years | $-19,529 |
3 years | $-16,631 |
5 years | $-13,734 |
7 years | $-10,837 |
9 years | $-7,940 |
11 years | $-5,043 |
13 years | $-2,146 |
15 years | $751 |
17 years | $3,648 |
19 years | $6,545 |
21 years | $9,442 |
23 years | $12,339 |
25 years | $15,236 |
Top Solar Installers in Tontitown
Installing solar panels by yourself can be a challenging task, which is why hiring a solar installer is a good option for many homeowners. Some solar installers, especially local ones, can help you make the most of incentives in Tontitown, thereby optimizing your ROI.
If you're searching for a solar company in Tontitown, we've put together a list of our top suggestions here:
See all of the solar companies in Tontitown
Factors that Affect Solar Panel Costs in Tontitown
The cost of installing a solar system in Tontitown can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need 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 $3,490.The model of solar panels and equipment you get is another factor that will substantially affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Tontitown to be too steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area offers financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to paying more over time because of interest.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Tontitown is the company you get to install your solar panel system. As with choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that offer a range of services for different budgets.Additionally, some companies in Tontitown have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $10,101 | 15.0 years |
8 kW | $3.56 | $19,935 | $13,858 | 14.7 years |
10 kW | $3.49 | $24,430 | $17,812 | 14.5 years |
12 kW | $3.42 | $28,730 | $21,960 | 14.2 years |
14 kW | $3.35 | $32,834 | $26,304 | 13.9 years |
16 kW | $3.28 | $36,743 | $30,844 | 13.6 years |
18 kW | $3.21 | $40,456 | $35,579 | 13.3 years |
20 kW | $3.14 | $43,974 | $40,509 | 13.0 years |
How to Save on Solar Panels
The solar installer you go with will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, such as:
- Contract: Before signing a contract with a solar installer, make sure you look it over completely so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a quality company.
- Reputation: Well-established companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: The type of solar panel you’d like to get plays a part in which installer you should choose, since different companies provide different panels.
EcoWatch's Tontitown, AR Solar Cost FAQs
How much does it cost to install solar panels in Tontitown?
The average cost of solar panels in Tontitown is about $17,450 for a 5-kW system and $34,900 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Tontitown?
A solar panel system isn’t free in Tontitown, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is it worth going solar in Tontitown?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
How long do solar panels last in Tontitown?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using 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.