Solar Panel Cost Guide in Arkansas City, KS (2023 Update)
- Arkansas City Solar Installation Cost: $13,393
- 25-Year Savings: $31,457
- Payback Period: 7.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Arkansas City
We break down average solar pricing in Arkansas City.
The national average cost of solar panels is $2.66 per watt, but in Arkansas City it's 2.59 per watt. Because a 7.4-kW system is needed to cover the energy needs of a typical home in Arkansas City, the average price of going solar will be about $13,398 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of making the switch to solar can vary depending on multiple factors, such as how many panels you need, your energy consumption and what solar installer you go with. But, once you've paid the upfront cost of installation, the payback for most homeowners is quite good, with a net average savings of about $23,000 over 20 years on electricity bills.
To receive a free estimate from a vetted solar company in Arkansas City, you can click the button below.
Solar savings over time in Arkansas City
| Year | Return on Investment |
|---|---|
| 1 years | $-12,057 |
| 3 years | $-9,385 |
| 5 years | $-6,713 |
| 7 years | $-4,041 |
| 9 years | $-1,369 |
| 11 years | $1,304 |
| 13 years | $3,976 |
| 15 years | $6,648 |
| 17 years | $9,320 |
| 19 years | $11,992 |
| 21 years | $14,664 |
| 23 years | $17,336 |
| 25 years | $20,009 |
Top Solar Installers in Arkansas City
DIY solar panel installation is a possibility, but it's an undertaking that can be a headache. Going with a solar panel installer can make swapping over to solar power much easier. Another advantage of working with a solar company is that they can help you maximize your investment by bringing down your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some near you:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Arkansas City
Factors that Affect Solar Panel Costs in Arkansas City
For many Arkansas City homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Arkansas City, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $2,590 per kilowatt in Arkansas City. There are a lot of different solar panel brands and the one you choose also changes the cost. In many cases, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Arkansas City to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you select will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor. You may come across national solar installers that have lower prices due to their larger 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 | $2.69 | $11,313 | $25,115 | 7.8 years |
| 8 kW | $2.64 | $14,794 | $33,776 | 7.6 years |
| 10 kW | $2.59 | $18,130 | $42,583 | 7.5 years |
| 12 kW | $2.54 | $21,321 | $51,535 | 7.3 years |
| 14 kW | $2.49 | $24,367 | $60,632 | 7.2 years |
| 16 kW | $2.43 | $27,268 | $69,873 | 7.0 years |
| 18 kW | $2.38 | $30,023 | $79,260 | 6.9 years |
| 20 kW | $2.33 | $32,634 | $88,792 | 6.7 years |
How to Save on Solar Panels
Since the brand 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:
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over around 25 years are the gold standard in the business, and offering such a warranty is one mark of a good company.
- Contract: Before signing a contract with a solar company, make sure to read it through carefully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Solar Panel Brands: The kind of solar panel you'd like plays a role in which installer you should go with, since different companies provide different panels.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Arkansas City, KS Solar Cost FAQs
What is the average cost of installing solar panels in Arkansas City?
The average cost of solar panels in Arkansas City is about $12,950 for a 5-kW system and $25,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Arkansas City?
Solar panels aren't free in Arkansas City, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is making the switch to solar worth it?
Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already pretty low, solar panels might not be for you.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can take a 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 install between 20 and 35 panels to account for 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.