Solar Panel Cost Guide in White Hall, AR (2024 Update)
- White Hall Solar Installation Cost: $20,303
- 25-Year Savings: $23,869
- Payback Period: 13.1 Years
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Average Cost of Solar Panels in White Hall
We go over average solar pricing in White Hall.
The average cost of a solar system in White Hall is 3 per watt.The average White Hall homeowner needs a 8.3-kilowatt system, which would cost about $20,303 with the federal tax credit, or $29,033 before the 0 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 going solar can vary depending on a few factors, such as how many panels you need, your energy consumption and what installation company you go with.For most homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $18,000 in savings on utility bills over 20 years.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in White Hall
| Year | Return on Investment |
|---|---|
| 1 years | $-18,846 |
| 3 years | $-15,934 |
| 5 years | $-13,022 |
| 7 years | $-10,110 |
| 9 years | $-7,198 |
| 11 years | $-4,286 |
| 13 years | $-1,374 |
| 15 years | $1,538 |
| 17 years | $4,450 |
| 19 years | $7,363 |
| 21 years | $10,275 |
| 23 years | $13,187 |
| 25 years | $16,099 |
Top Solar Installers in White Hall
Although you can install solar panels yourself, it requires extra effort and handiness. Because of that, almost all homeowners choose to go with a solar panel installer. Companies can also provide access to a large variety of the best solar panels and help you decide which one will be best for your family.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
Best National Provider
SunPower
- 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
- 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 White Hall
Factors that Affect Solar Panel Costs in White Hall
For many White Hall homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in White Hall, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,490.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like White Hall, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That’s why many White Hall homeowners decide to finance their solar panel systems to make going solar more affordable.Though solar loans make going solar more accessible for White Hall homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies operating in White Hall, and each can charge different amounts for labor and equipment.Additionally, some companies in White Hall know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $12,656 | 13.7 years |
| 8 kW | $3.56 | $19,935 | $17,266 | 13.4 years |
| 10 kW | $3.49 | $24,430 | $22,071 | 13.1 years |
| 12 kW | $3.42 | $28,730 | $27,072 | 12.9 years |
| 14 kW | $3.35 | $32,834 | $32,268 | 12.6 years |
| 16 kW | $3.28 | $36,743 | $37,659 | 12.3 years |
| 18 kW | $3.21 | $40,456 | $43,246 | 12.1 years |
| 20 kW | $3.14 | $43,974 | $49,029 | 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 brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- 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 big role in the company you go with.
- Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
Best National Provider
SunPower
- 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
- 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 White Hall, AR Solar Cost FAQs
How much does it cost to install solar panels in White Hall?
The average cost of solar panels in White Hall 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 things like the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in White Hall?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Do solar panels increase how much your home is worth?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t choose 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 solar panels."
How long do solar panels last in White Hall?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.