Solar Panel Cost Guide in Pea Ridge, WV (Mar 2023)
- Pea Ridge Solar Installation Cost: $20,328
- 25-Year Savings: $28,561
- Payback Period: 10.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Pea Ridge
Let's take a look at the average cost of solar in Pea Ridge.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Pea Ridge, the average cost of solar panels is 2.64 per watt. Because a 11.0-kW system is needed to cover the energy consumption of a typical home in Pea Ridge, the average price of going solar will be about $20,328 after claiming the federal solar tax credit of 30%.
How much you pay can go above or below the average in Pea Ridge based on a few factors, such as the model of solar panels you choose and the solar contractor you hire. For most homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $17,000 in savings on utility bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Pea Ridge
| Year | Return on Investment |
|---|---|
| 1 years | $-18,372 |
| 3 years | $-14,461 |
| 5 years | $-10,550 |
| 7 years | $-6,639 |
| 9 years | $-2,728 |
| 11 years | $1,183 |
| 13 years | $5,094 |
| 15 years | $9,005 |
| 17 years | $12,917 |
| 19 years | $16,828 |
| 21 years | $20,739 |
| 23 years | $24,650 |
| 25 years | $28,561 |
Top Solar Installers in Pea Ridge
When going solar, many homeowners choose to use a solar company since putting up solar panels yourself can be a time-consuming project. Plus, if you're not certain what brand of solar panels and equipment you may need, a solar expert can help you find the right equipment for you after a site survey and consultation.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
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 Pea Ridge
Factors that Affect Solar Panel Costs in Pea Ridge
The cost of installing a solar system in Pea Ridge can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar system in Pea Ridge, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can gauge by looking at past electricity bills. Your total cost can increase by around $2,640 for each additional kilowatt you need. There are many different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you're looking 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
If paying for solar panels out of pocket is difficult, solar loans are an affordable route because they reduce your upfront costs and allow you to pay for your system over five to seven years on average. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can influence how much it costs. 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 cost more. It's best to do some research and go with 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 | $2.75 | $11,532 | $15,127 | 10.8 years |
| 8 kW | $2.69 | $15,080 | $20,465 | 10.6 years |
| 10 kW | $2.64 | $18,480 | $25,951 | 10.4 years |
| 12 kW | $2.59 | $21,732 | $31,585 | 10.2 years |
| 14 kW | $2.53 | $24,837 | $37,367 | 10.0 years |
| 16 kW | $2.48 | $27,794 | $43,296 | 9.8 years |
| 18 kW | $2.43 | $30,603 | $49,373 | 9.6 years |
| 20 kW | $2.38 | $33,264 | $55,599 | 9.4 years |
How to Save on Solar Panels
There are many companies to choose from in Pea Ridge, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Contract: When looking through your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Warranty: If you're concerned about the durability of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations 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 making your decision.
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 Pea Ridge, WV Solar Cost FAQs
What is the average cost of installing solar panels in Pea Ridge?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $13,200 for a 5-kW system and $26,400 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 needs. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Pea Ridge?
Solar panels aren't free in Pea Ridge, 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 can further reduce the cost.
Can you sell solar power back to the grid in Pea Ridge?
Most states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can 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 get between 20 and 35 panels to cover 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.