Solar Panel Cost Guide in Van Buren, AR (Nov 2022)

  • Van Buren Solar Installation Cost: $15,113
  • 25-Year Savings: $19,292
  • Payback Period: 11.0 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Van Buren

Find out how much it might cost to install solar panels in Van Buren.

The national average cost of solar panels is $2.66 per watt, but in Van Buren it's $3 per watt. The average Van Buren homeowner needs a 8.5-kilowatt system, which would cost about $15,113, or $11,184 after the federal solar tax credit of 30% is applied.

Keep in mind that the figures above are only estimates based on the average energy use of Van Buren homeowners. 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. But, after you've paid the upfront cost of installation, the return on investment for most homeowners is usually fruitful, with a net average savings of about $15,000 over 20 years on electricity bills.

Click the button below to get connected to a highly rated solar panel company in your area for a custom quote.

Solar savings over time in Van Buren

Year Return on Investment
1 years $-13,737
3 years $-10,984
5 years $-8,232
7 years $-5,480
9 years $-2,727
11 years $25
13 years $2,778
15 years $5,530
17 years $8,283
19 years $11,035
21 years $13,787
23 years $16,540
25 years $19,292

Top Solar Installers in Van Buren

Many homeowners decide to hire a solar panel installer since trying to install solar panels yourself can be time-consuming. Also, companies with a high reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.

If you're looking for a solar company in Van Buren, the EcoWatch team has put together a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • 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

Best Warranty Coverage

Sunpro Solar

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

See all of the solar companies in Van Buren

Factors that Affect Solar Panel Costs in Van Buren

The cost of installing a solar system in Van Buren can vary by more than $10,000 from home to home. Your actual cost is determined by 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

One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend around $2,540 per kilowatt in Van Buren. There are several different solar panel brands and the one you choose also affects the cost. Typically, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Most solar installers in Van Buren have solar loans, which reduce the initial cost of installing solar. However, the interest on solar loans also adds to your all-in costs, so it's crucial to keep that in mind as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.

Solar Panel Installation Company

The solar panel installer you pick will affect your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. The size of the company sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.

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 $13,177 11.4 years
8 kW $2.59 $14,508 $17,854 11.2 years
10 kW $2.54 $17,780 $22,673 11.0 years
12 kW $2.49 $20,909 $27,635 10.8 years
14 kW $2.44 $23,896 $32,738 10.5 years
16 kW $2.39 $26,741 $37,984 10.3 years
18 kW $2.34 $29,444 $43,372 10.1 years
20 kW $2.29 $32,004 $48,903 9.9 years

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:

  • Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
  • Installation Process: Make sure you're on the same page with the company regarding how the installation process will go and what you need to do before your solar system is installed, such as repairing your electrical system or roof.
  • Solar Panel Brands: The model of solar panel you need plays a part in which company you should go with, since different companies offer different panels.
  • Contract: Look through the contract terms closely to make sure you understand the cost breakdown, project completion timeline incentives and warranties.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • 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

Best Warranty Coverage

Sunpro Solar

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

EcoWatch's Van Buren, AR Solar Cost FAQs

How much does it cost to install solar panels in Van Buren?

This is a tough question to answer exactly, because the cost depends on a few different 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 be more expensive 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 choose a smaller solar panel system or less efficient solar panels.

Are solar panels free in Van Buren?

Solar panels aren't free in Van Buren, 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.

How much can I save on electricity bills after switching to solar?

It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Van Buren, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.

What solar power system size is right for my home?

To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.

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.

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