Solar Panel Cost Guide in Jonesboro, LA (Nov 2022)

  • Jonesboro Solar Installation Cost: $18,386
  • 25-Year Savings: $22,080
  • Payback Period: 11.4 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Jonesboro

Let's take a look at the average cost of solar in Jonesboro.

In Jonesboro, solar panels cost about $3 per watt on average. The average Jonesboro homeowner needs a 10.2-kilowatt system, which would cost about $18,386, or $13,606 after the federal solar tax credit of 30% is applied.

Bear in mind that the figures above are only estimates based on the average energy use of Jonesboro homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. Even with the large upfront cost, the average Jonesboro homeowner can save about $15,000 on their energy bills over 20 years, which is one of the benefits of solar.

Click the button below to get connected to a highly rated solar installer in your area for a customized quote.

Solar savings over time in Jonesboro

Year Return on Investment
1 years $-16,767
3 years $-13,530
5 years $-10,293
7 years $-7,055
9 years $-3,818
11 years $-581
13 years $2,656
15 years $5,894
17 years $9,131
19 years $12,368
21 years $15,605
23 years $18,842
25 years $22,080

Top Solar Installers in Jonesboro

When going solar, many homeowners decide to go with a solar installer since installing a solar system yourself can be a difficult project. The expertise that solar installers provide can be useful as well, especially if you don't quite know what brand of solar equipment you need.

If you'd like to go solar but still aren't certain which solar panel installer to go with, here are our recommendations for providers near you:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • 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

Best Warranty Coverage

Sunpro Solar

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

See all of the solar companies in Jonesboro

Factors that Affect Solar Panel Costs in Jonesboro

Even though the average cost of solar panels in Jonesboro is $18,386, your actual cost may differ. There are several factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.

Solar Equipment

The size of the solar energy system you need is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,570. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Jonesboro, where sunlight is abundant, efficiency can quickly pay off. Also, 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

Many homeowners find the average cost of solar in Jonesboro to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to paying more over time due to interest. Although solar loans make going solar more accessible for Jonesboro 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 avoid paying as much in interest.

Solar Panel Installation Company

Finally, the company you choose to install your solar panel system can influence how much it costs. Jonesboro's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $2.67 $11,226 $12,531 11.8 years
8 kW $2.62 $14,680 $16,996 11.6 years
10 kW $2.57 $17,990 $21,605 11.4 years
12 kW $2.52 $21,156 $26,357 11.1 years
14 kW $2.47 $24,179 $31,254 10.9 years
16 kW $2.42 $27,057 $36,294 10.7 years
18 kW $2.36 $29,791 $41,479 10.5 years
20 kW $2.31 $32,382 $46,807 10.2 years

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:

  • Contract: Review the contract terms thoroughly to make sure you understand the overall cost, project timeline rebates and warranties.
  • Installation Process: When making the switch to solar power, it's necessary to maintain an open line of communication with your solar installer. Confirm that you understand how the installation process will go and the project completion timeline.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of options before deciding.
  • 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 positive reviews from previous customers.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • 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

Best Warranty Coverage

Sunpro Solar

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

EcoWatch's Jonesboro, LA Solar Cost FAQs

What is the average cost of installing solar panels in Jonesboro?

This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $12,850 for a 5-kW system and $25,700 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.

Are solar panels free in Jonesboro?

You can't get solar panels for free in Jonesboro. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.

Can you sell solar power back to the grid in Jonesboro?

Most states have net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.

How long do solar panels last in Jonesboro?

On average, the lifespan of solar panels is 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.

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