Solar Panel Cost Guide in Wynne, AR (2025 Update)
- Wynne Solar Installation Cost: $20,573
- 25-Year Savings: $22,346
- Payback Period: 13.8 Years
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Average Cost of Solar Panels in Wynne
We break down average solar pricing in Wynne.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Wynne, the average cost of solar panels is 3 per watt.The average Wynne homeowner needs a 8.4-kilowatt system, which would cost about $20,573 with the federal tax credit, or $29,419 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Wynne homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.With typical savings of about $17,000 on electricity bills over 20 years, many homeowners in Wynne find installing solar panels can pay off big.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Wynne
| Year | Return on Investment |
|---|---|
| 1 years | $-19,117 |
| 3 years | $-16,205 |
| 5 years | $-13,293 |
| 7 years | $-10,381 |
| 9 years | $-7,469 |
| 11 years | $-4,557 |
| 13 years | $-1,644 |
| 15 years | $1,268 |
| 17 years | $4,180 |
| 19 years | $7,092 |
| 21 years | $10,004 |
| 23 years | $12,916 |
| 25 years | $15,828 |
Top Solar Installers in Wynne
Although it's possible to install solar panels yourself, it involves extra time and know-how. That's why the majority of homeowners choose to go with a solar panel installer. Solar installers provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:
See all of the solar companies in Wynne
Factors that Affect Solar Panel Costs in Wynne
While the average cost of a solar system in Wynne is $20,573, your final cost may be above or below the average. There are many factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,490. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many Wynne homeowners decide to finance their solar panel systems to offset upfront costs.Even though solar loans make adopting solar energy more accessible for Wynne homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panels can play a part in determining your pricing. Wynne’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $11,344 | 14.3 years |
| 8 kW | $3.56 | $19,935 | $15,517 | 14.1 years |
| 10 kW | $3.49 | $24,430 | $19,884 | 13.8 years |
| 12 kW | $3.42 | $28,730 | $24,448 | 13.5 years |
| 14 kW | $3.35 | $32,834 | $29,206 | 13.2 years |
| 16 kW | $3.28 | $36,743 | $34,160 | 13.0 years |
| 18 kW | $3.21 | $40,456 | $39,310 | 12.7 years |
| 20 kW | $3.14 | $43,974 | $44,655 | 12.4 years |
How to Save on Solar Panels
The solar installer you go with will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should keep in mind, including:
- Reputation: Long-running companies likely have a solid 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 service, such as part repairs and replacements.
- 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 company, such as what permits you should acquire and what the project timeline is.
- Solar Panel Brands: Different companies will carry different brands and models of panels. If you prefer a specific brand, make sure the solar panel installer you’re considering has it.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
EcoWatch's Wynne, AR Solar Cost FAQs
How much does it cost to install solar panels in Wynne?
The average cost of solar panels in Wynne is about $17,450 for a 5-kW system and $34,900 for a 10-kW system before the ITC, but the real 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 cost the most important consideration when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Does Wynne have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.