Solar Panels Cost 11k-21k in Batesville, AR | October, 2024

Solar Panels Cost $11k-$21k in Batesville, AR | October, 2024

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How much do solar panels cost in Batesville, AR in 2024?

To get solar panels installed costs approximately $3.37 per watt in Batesville, AR in the month of October, 2024.

This means that, for every 1000 watts (or 1 Kw) your system can generate you will spend $3,370 to get your system installed in . When you subtract the 30% federal tax credit, you can expect to pay around $11,795, in Batesville, for a 5 kW system. However, a 5kW system may not be large enough to fulfill your energy demands.

On the left-hand side, you can pick your county to determine the average roof size and the maximum capacity for solar panel systems in residences in your area. Below is a full breakdown of the price, payback period, and 20-year average savings for a 5 kW system installed in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Batesville: $11,795US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Batesville: 7 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Batesville: $17,204US Average: $15,784

Solar Potential in Batesville

Estimated system size and solar electricity production per median viable roof in
Batesville.

Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 15.8kkWh AC per yr.

Electricity Costs in Batesville, AR & What that Means for Your Solar Panel Pricing

Energy consumers in Batesville usually use 1,079 kWh per month, with an average monthly bill of $141.89. Compact dwellings, such as townhouses and condos, are also included in the statistics mentioned in the previous sentence.

In October 2024, Batesville, AR's mean electricity rate is 13.15¢ per kWh.

In Batesville, a typical electricity consumer's requirements should be entirely covered by a solar system of 9 kW or more. Presently, a 9 kW solar installation will cost approximately $30,330 before incentives, but the federal tax credit will give you back 30%, lowering the cost to $21,231.

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Average solar panel costs by system size in Batesville

On your left, we present a comprehensive cost analysis for multiple solar panel system sizes set up in Batesville. As expected, a more extensive solar system requires a higher upfront cost, but it also leads to greater electricity savings and higher income tax credits.

Refer to the solar panel cost calculator to the right and below to see the cost and benefit details calculated from an average $141.89 electric bill in Batesville. Simply replace the $141.89 with your typical electricity bill amount to see customized results.

System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $978 a year
Est. Price
$11,795
Savings from a 5kWthis system
  • Est. yearly production 7,519 kWh
  • Est. monthly savings $81
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.9 tons a year
  • Equivalent to planting 179 trees a year
  • Equivalent to driving 9,648 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,173 a year
Est. Price
$14,154
Savings from a 6kWthis system
  • Est. yearly production 9,023 kWh
  • Est. monthly savings $98
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 4.68 tons a year
  • Equivalent to planting 215 trees a year
  • Equivalent to driving 11,577 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,369 a year
Est. Price
$16,513
Savings from a 7kWthis system
  • Est. yearly production 10,527 kWh
  • Est. monthly savings $114
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 5.46 tons a year
  • Equivalent to planting 251 trees a year
  • Equivalent to driving 13,507 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,564 a year
Est. Price
$18,872
Savings from a 8kWthis system
  • Est. yearly production 12,031 kWh
  • Est. monthly savings $130
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 6.24 tons a year
  • Equivalent to planting 286 trees a year
  • Equivalent to driving 15,436 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,760 a year
Est. Price
$21,231
Savings from a 9kWthis system
  • Est. yearly production 13,535 kWh
  • Est. monthly savings $142
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 6.79 tons a year
  • Equivalent to planting 312 trees a year
  • Equivalent to driving 16,817 mi less a year

Batesville Solar Panel Installation Incentives & Rebates | 2024

Rural farmers and small business owners could have between 80% and 100% of their solar energy or wind turbine installation expenses covered by the REAP Grant. Believe you might qualify? Use our REAP Grant eligibility tool to check your eligibility.

For residential solar projects, almost everyone people are eligible for the 30% federal income tax credit, which makes solar a practical solution in many parts of the country. Moreover, many regional programs are intended to encourage more people to adopt solar power.

A total of 4 solar rebates and incentives are available in Arkansas through different utility companies and government agencies.

Sustainable Building Design Revolving Loan Fund

Value:Varies

The ABA Revolving Loan Fund is an interest-free loan program adopted by Arkansas in 2009 (as loan payments go to the fund, the fund may continue indefinitely). It provides a way for state agencies, boards, and commissions (including those attached to institutions of higher learning) who own their own facilities to make renovations up to $25,000. It is funded by a grant from the American Recovery and Reinvestment Act of 2009 with contributions from the state general improvement funds. The loan encourages debtors to use the funds for ways to save and create energy for their buildings. For further information, check out the Arkansas Building Authority site.

Green Building Standards for State Facilities

Value:Varies

As of July 1, 2005, all state agencies are encouraged to use the Leadership in Energy and Environmental Design and Green Globes rating system as much as possible. They receive additional credit for use of agri-fiber and composite wood products, post-consumer recycled content, and other environment-friendly products. The Sustainable Energy-Efficient Building Program directed the Arkansas Energy Office to reduce energy use in all state-owned major facilities by 30% by 2017 and conserve all utilities to reduce total energy consumption as justified by a life cycle cost analysis. Other state agencies have been encouraged to develop their own strategic energy plans.

Net Metering

Value:Varies

In April 2001, the Arkansas Public Service Commission was directed to establish rules for net metering of some renewable energy systems. By 2012 they amended those rules to exempt government entities and agencies from indemnity agreements. In 2013 it would add new net-metering tariffs for all utilities under its jurisdiction and in 2014 it would modify provisions for excess generation, including increasing the cap for non-residential customers and opening the docket for appropriate fees and terms. Of special note is that customers with multiple meters who generate excess electricity may, with 30 days' notice, use the funds generated for any meter within the same utility.

Solar Hot Water Contractor Licensing

Value:Varies

Arkansas offers limited specialty solar thermal installer licenses with assistance from the Arkansas Department of Health. These licenses are the Restricted Solar Mechanic, Supervising Solar Mechanic, and Solar Mechanic Trainee. The Restricted Solar Mechanic license only allows a mechanic to install systems used to heat domestic hot water; the person must show evidence of relevant training and experience, including four years with a Restricted Solar Mechanic Trainee license. The Supervising Solar Mechanic is allowed to supervise, install, and maintain solar and hydronic domestic hot water systems; applicants must have at least one year with a Restricted Solar Mechanic and five years of solar mechanic experience.

Are solar panels worth it in Arkansas?

Expecting to stay in your house beyond the solar payback period? Solar panels are a smart investment in Batesville. Having a 5 kW solar system in Batesville, AR can potentially save you approximately $22,258.6 over a span of 20 years, with an average break even point of 7 years.

The cost of not having solar panels in Batesville, AR

Without solar panels or another backup power source, you lose out on the previously noted savings and are fully dependent on your electric utility for electricity. Full reliance on your utility company is not always ideal, as recent media examples have demonstrated.

Annually, the average number of outages per customer in Batesville is about 1.94. Usually, outages have an average duration of 346.11 minutes. However, during critical events like earthquakes, wildlife damage, or equipment failure, these times can extend dramatically.

Even without a backup battery, a solar panel system could ease the burden of possible future power disruptions you may encounter.

Power Outages

Currently, 0 customers are being tracked in Independence County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Batesville, AR?

Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt lowers as the system size grows. It is often advantageous for homeowners to install a solar system that can make enough electricity to offset their electric bill, which results in significant savings.

Make & Model - There are a range of makes and models of solar panels. As the installer might have specific brand preferences, it's important to choose a highly rated installer. Consumers who opt for better materials usually enjoy a more favorable long-term experience.

Solar Panel Type - For valid reasons, monocrystalline panels have become the standard in the industry. They come with a higher price but are more energy-efficient. Many solar panel installers use panels made of this material.

Your Property - Elements like trees, sloped land, or other considerations might complicate the installation process. Many solar installers now are able to use satellite imagery to assess your home and factor in these aspects in the first cost estimate.

Labor Rates - The pay that various companies offer their employees are different, and these costs are transferred to the consumers. Companies that pay higher wages frequently garner higher reviews for their services and customer service.

Permitting & Interconnection - The cost of your installation will be affected by the local permitting and utility interconnection fees, which differ depending on the area. Reliable installers will factor these costs into your preliminary quotes to prevent unexpected expenses.

See what solar panels cost in other AR cities

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Who are the best solar installers in Batesville?

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Reparation of solar arrays.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Monitoring of independent energy generation.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Auditing of energy requirements for independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Reparation of solar arrays.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Harvest Solar

Jackson, MI(888) 907-6527

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Consulting on all things solar related.

Fluent Solar

Lindon, UT(866) 736-1253

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

LightEdison

Denver, CO(888) 966-6377

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Batesville, AR Solar Panel Cost FAQs

  • As of October, 2024, the typical cost for solar panels in Batesville, AR is $3.37/W. The cost of installing a 5 kW solar panel system in Batesville, AR is about $11,795 post federal tax credit.

  • Residents of Arkansas can currently take advantage of 4 rebates and incentives offered by various utilities and government bodies. In addition, the 30% federal income tax credit is available to almost everyone.

  • Even though paying cash provides the most savings, there are now several financing options for solar panels that also are financially sensible. Installers will often include details on financing partners in the quotes they provide initially.

  • Yes, in Batesville, AR, the average payback period for 5 kW solar panels is 7 years, resulting in average electricity savings of $22,258.6 over 20 years.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-10-01