Solar Panel Cost Guide in Pea Ridge, FL (Feb 2023)
- Pea Ridge Solar Installation Cost: $10,290
- 25-Year Savings: $25,401
- Payback Period: 7.2 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Top Solar Installers in Pea Ridge
Many homeowners decide to use a solar installation company since installing solar panels yourself can be a labor-intensive endeavor. A solar company can also help save you money in the long run by offering warranties, repairs and part replacements.
If you'd like to make the switch to solar but still aren't certain which solar panel company to go with, here are our recommendations for providers nearby:
See all of the solar companies in Pea Ridge
Factors that Affect Solar Panel Costs in Pea Ridge
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that determine your overall cost in Pea Ridge: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
One of the most significant 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 about $2,530 per kilowatt in Pea Ridge. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Pea Ridge, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited 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
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in Pea Ridge, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also adds to your total costs, so it's crucial to consider that as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can affect your pricing. Pea Ridge's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and decide on the company that offers the products, warranties and services you're looking for and also is within your budget.
Solar Panel Cost Data by System Size
|System size||Cost per system watt||Solar system cost||25-Year savings||Payback period|
|6 kW||$2.63||$11,051||$25,824||7.5 years|
|8 kW||$2.58||$14,451||$34,715||7.3 years|
|10 kW||$2.53||$17,710||$43,748||7.2 years|
|12 kW||$2.48||$20,827||$52,922||7.1 years|
|14 kW||$2.43||$23,802||$62,238||6.9 years|
|16 kW||$2.38||$26,636||$71,696||6.8 years|
|18 kW||$2.33||$29,328||$81,296||6.6 years|
|20 kW||$2.28||$31,878||$91,037||6.5 years|
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: When going solar, it's necessary to maintain an open line of communication with your solar company. See to it that you understand how the installation process works and the project completion timeline.
- Contract: Read the contract terms closely to make sure you understand the overall cost, completion timeline incentives and warranties.
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Solar Panel Brands: Different companies will carry various brands and types of panels. If you want a specific brand, make sure the solar company you're considering has it.
EcoWatch's Pea Ridge, FL Solar Cost FAQs
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.