Solar Panel Cost Guide in Vilonia, AR (Feb 2023)

  • Vilonia Solar Installation Cost: $15,077
  • 25-Year Savings: $22,402
  • Payback Period: 10.1 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Vilonia

Here's how much it might cost to make the switch to solar in Vilonia.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Vilonia, the average cost of a solar system is $3 per watt. Because a 8.5-kW system is needed to cover the energy consumption of a typical home in Vilonia, the average price of going solar will be about $15,077 before claiming the federal solar tax credit of 30%.

The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of making the switch to solar can vary quite a bit based on a few factors, such as how many panels you need, your energy usage and what company you go with. But, once you've paid the initial cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $17,000 over 20 years on energy bills.

You can click the button below to get connected with a top solar company in Vilonia that can help you get a more accurate cost estimate for your home.

Solar savings over time in Vilonia

Year Return on Investment
1 years $-13,578
3 years $-10,580
5 years $-7,581
7 years $-4,583
9 years $-1,585
11 years $1,414
13 years $4,412
15 years $7,410
17 years $10,409
19 years $13,407
21 years $16,406
23 years $19,404
25 years $22,402

Top Solar Installers in Vilonia

Many homeowners opt for a solar panel company since trying to put up solar panels yourself can be a labor-intensive endeavor. Plus, if you aren't sure what type of solar panels and equipment you want, a solar expert can help you find the right equipment for you after a site survey and consultation.

There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

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 Vilonia

Factors that Affect Solar Panel Costs in Vilonia

Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few major factors that determine your overall cost in Vilonia: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.

Solar Equipment

When it comes to estimating the cost of a solar system in Vilonia, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can figure out by looking at past energy bills. Your total cost can increase by around $2,540 for each additional kilowatt you need. There are many different solar panel brands and the one you pick also changes the cost. In general, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Most solar companies in Vilonia provide solar loans, which reduce your upfront costs of installing a solar system. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.

Solar Panel Installation Company

Finally, the company you hire to install your solar system can influence how much it costs. Vilonia's solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions 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 $2.64 $11,095 $15,438 10.5 years
8 kW $2.59 $14,508 $20,869 10.3 years
10 kW $2.54 $17,780 $26,442 10.1 years
12 kW $2.49 $20,909 $32,157 9.9 years
14 kW $2.44 $23,896 $38,014 9.6 years
16 kW $2.39 $26,741 $44,014 9.4 years
18 kW $2.34 $29,444 $50,155 9.2 years
20 kW $2.29 $32,004 $56,439 9.0 years

How to Save on Solar Panels

The solar installer 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 take into account, such as:

  • Contract: Review the contract terms carefully to make sure you understand the cost breakdown, project timeline incentives and warranties.
  • Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years most likely provide good-quality solar panel installation and expertise.
  • Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
  • Warranty: If you care about the endurance of your solar panel system, checking if your company offers a 25-year, all-inclusive warranty can give you some peace of mind.

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 Vilonia, AR Solar Cost FAQs

What is the average cost of installing solar panels in Vilonia?

The average cost of solar panels in Vilonia is about $12,700 for a 5-kW system and $25,400 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.

Is cost the most important consideration when buying solar panels?

Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.

Is it worth going solar in Vilonia?

Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy consumption 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 get 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.

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