Solar Panel Cost Guide in Jonesboro, LA (2024 Update)
- Jonesboro Solar Installation Cost: $27,185
- 25-Year Savings: $22,080
- Payback Period: 16.8 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Jonesboro
Find out what the average cost of a solar system is in Jonesboro.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Jonesboro, the average cost of solar panels is 4 per watt.The average Jonesboro homeowner needs a 10.2-kilowatt system, which would cost about $27,185 with the federal tax credit, or $38,875 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Jonesboro homeowner. The price 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 $15,000 on electricity bills over 20 years, many homeowners in Jonesboro find going solar can pay off big.
You can click the button below to get connected with a pre-vetted solar company in Jonesboro for a quote for your home.
Solar savings over time in Jonesboro
Year | Return on Investment |
---|---|
1 years | $-25,876 |
3 years | $-23,257 |
5 years | $-20,639 |
7 years | $-18,020 |
9 years | $-15,402 |
11 years | $-12,783 |
13 years | $-10,164 |
15 years | $-7,546 |
17 years | $-4,927 |
19 years | $-2,309 |
21 years | $310 |
23 years | $2,928 |
25 years | $5,547 |
Top Solar Installers in Jonesboro
Many homeowners opt for a solar panel installer since trying to install solar panels yourself can be a labor-intensive endeavor. Local solar companies can also help you maximize your return on investment by assisting with any local incentives and by providing warranties and repairs.
Working with a vetted solar installer can help your solar project go smoothly. 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 Jonesboro
Factors that Affect Solar Panel Costs in Jonesboro
Although the average cost of a solar system in Jonesboro is $27,185, your final cost may differ. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Jonesboro, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can determine by looking at past power bills. Your total cost can increase by around $3,800 for each additional kilowatt you need.There are several different solar panel brands and the one you pick also changes the cost. Usually, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Jonesboro offer solar loans, which reduce your upfront costs of installing a solar system.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installer you go with to handle your switch to solar energy can play a role in your total costs. There are about 3 solar panel companies operating in Jonesboro, and each can charge varying amounts for labor and equipment.Companies that only sell high-efficiency and high-priced products — 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 provides the products, warranties and services you want and also fits 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 | $3.95 | $16,598 | $7,158 | 17.5 years |
8 kW | $3.88 | $21,706 | $9,970 | 17.1 years |
10 kW | $3.80 | $26,600 | $12,995 | 16.8 years |
12 kW | $3.72 | $31,282 | $16,232 | 16.5 years |
14 kW | $3.65 | $35,750 | $19,682 | 16.1 years |
16 kW | $3.57 | $40,006 | $23,345 | 15.8 years |
18 kW | $3.50 | $44,050 | $27,221 | 15.5 years |
20 kW | $3.42 | $47,880 | $31,309 | 15.1 years |
How to Save on Solar Panels
The solar installer you opt for will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, such as:
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Reputation: Long-running companies likely have a good 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 support, such as part repairs and replacements.
- Warranty: If you care about the longevity of your solar system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
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 Jonesboro, LA Solar Cost FAQs
How much does it cost to install solar panels in Jonesboro?
This is a difficult question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $19,000 for a 5-kW system and $38,000 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is switching to solar power worth it?
Solar panels can be a good investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.