Solar Panels Cost 9.5k-19k in Bentonville, AR | October, 2024

Solar Panels Cost $9.5k-$19k in Bentonville, AR | October, 2024

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

To go solar in Bentonville, AR in the month of October, 2024 averages out to $3.41/W.

You should expect the price to be $3,410, on average, for every 1 kW (or 1000 watts) of solar energy your solar system can produce. In Bentonville, when you subtract the 30% federal income tax credit, a 5 kW solar installation sets you back $11,935. A 5kW system might not be sufficient to fully meet your energy demands.

Use the left-hand menu to select your area and find the typical roof size and the maximum capacity for solar panel systems on homes in your county. Below, you can see an outline of the costs, payback period and 20 year average savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Bentonville: $11,935US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Bentonville: 9 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Bentonville: $10,245US Average: $15,784

Solar Potential in Bentonville

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

Roof size 894sq. ft.
Capacity 12.5kW DC
Electricity 15.8kkWh AC per yr.

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

Bentonville energy consumers typically use 979 kWh monthly, with an average monthly bill of $113.73. Flats and other smaller housing units with reduced energy requirements are included in this statistic.

The average electricity rate in Bentonville, AR in October 2024 is 11.62¢ per kWh.

In Bentonville, a system size of 8 kW or higher is a must for the typical energy user to cover their entire electricity consumption needs. Currently, an 8 kW setup is priced at around $19,096 after incentives.

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Average solar panel costs by system size in Bentonville

Presented on the left and below is the price breakdown for different sizes of the solar panel systems installed in Bentonville. Of course, with a bigger solar system, you'll see a higher upfront cost, but the advantages are more electricity savings and larger income tax credits.

In the calculator located below and to the right, you will find a breakdown of solar panel costs and benefits, calculated with an average $113.73 electric bill for Bentonville. Swap the $113.73 with your usual electricity bill to get more accurate results.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $722 a year
Est. Price
$9,548
Savings from a 4kWthis system
  • Est. yearly production 6,016 kWh
  • Est. monthly savings $60
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.88 tons a year
  • Equivalent to planting 178 trees a year
  • Equivalent to driving 9,609 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $902 a year
Est. Price
$11,935
Savings from a 5kWthis system
  • Est. yearly production 7,519 kWh
  • Est. monthly savings $75
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.85 tons a year
  • Equivalent to planting 223 trees a year
  • Equivalent to driving 12,011 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,083 a year
Est. Price
$14,322
Savings from a 6kWthis system
  • Est. yearly production 9,023 kWh
  • Est. monthly savings $90
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 5.82 tons a year
  • Equivalent to planting 267 trees a year
  • Equivalent to driving 14,413 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,263 a year
Est. Price
$16,709
Savings from a 7kWthis system
  • Est. yearly production 10,527 kWh
  • Est. monthly savings $105
  • 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 16,815 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,444 a year
Est. Price
$19,096
Savings from a 8kWthis system
  • Est. yearly production 12,031 kWh
  • Est. monthly savings $114
  • Full payback in 14 years
Environmental Impacts
  • Reduces CO2 emissions by 7.36 tons a year
  • Equivalent to planting 338 trees a year
  • Equivalent to driving 18,209 mi less a year

Bentonville Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant offers substantial financial support, potentially covering 80% to 100% of the costs for rural businesses and farmlands to install solar or wind energy systems. Curious about your eligibility? Use our REAP Grant eligibility tool to find out.

For those looking into residential solar, the 30% federal income tax credit is accessible to most people, making solar a sensible option in numerous states. Besides the federal incentives, state and local programs also seek to boost solar energy uptake.

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

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?

For those in Bentonville looking to stay in their homes past the payback period of their solar system, solar panels make perfect sense. With a 5 kW solar system in Bentonville, AR, the average savings over a 20 period is $15,360.2, with break even usually occurring at 9 years.

The cost of not having solar panels in Bentonville, AR

Beyond forgoing the savings, the absence of solar panels or another backup energy source results in full dependence on your electric utility for your power needs. As shown by recent news stories, complete dependence on your utility company isn't always ideal.

On average, customers in Bentonville have faced 1.42 utility outages per year over the past few years. Typically, outages have an average duration of 84.48 minutes. However, during significant events such as thunderstorms, vandalism, or aging infrastructure, these times can drastically increase.

Whether or not a backup battery is present, a solar panel system could help ease the impact of future power outages you might experience.

Power Outages

Currently, 0 customers are being tracked in Benton County.

Learn more

Customers Out:

0

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

Your Energy Needs - The upfront cost for larger solar panel systems is higher, but the cost per watt decreases as the system size grows. Setting up a solar system that makes sufficient electricity to eliminate their electric bill is beneficial to most individuals, ensuring savings.

Make & Model - There are a variety of makes and models of solar panels. The potential system preferences of your installer mean that it is it's even more necessary to choose a reputable contractor. For a more favorable long-term experience, buyers should opt for superior quality equipment.

Solar Panel Type - The industry standard is now monocrystalline panels, and rightly so. They have a higher price, but they produce more energy. Most solar panel installers choose this type of material.

Your Property - Each property and home is one of a kind. Uneven ground, trees, or other hindrances can increase the difficulty of installing solar panels. These days, most solar installers are able to utilize satellite images to evaluate your home and include these factors for the initial cost estimate.

Labor Rates - The wages that companies pay their employees differ, and these costs are inevitably reflected in consumer prices. Higher reviews for work and customer service are generally associated with businesses that pay higher wages.

Permitting & Interconnection - Local permitting and utility interconnection fees, which vary by region, will impact your final installation cost. Reputable local installers will include these figures in your initial estimates to ensure transparency.

See what solar panels cost in other AR cities

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Who are the best solar installers in Bentonville?

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

  • Consulting on all things solar related.
  • 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.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

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

SunPower Corporation

San Jose, CA(800) 786-7693

Services

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

Solera Energy

Springfield, MO(855) 745-2398

Services

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

Harvest Solar

Jackson, MI(888) 907-6527

Services

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

Fluent Solar

Lindon, UT(866) 736-1253

Services

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

Entegrity

Little Rock, AR(800) 700-1414

Services

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

City Electric Supply

Dallas, TX(866) 634-9853

Services

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

LightEdison

Denver, CO(888) 966-6377

Services

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

New Farm Solar

Springdale, AZ(833) 639-3276

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Bentonville, AR Solar Panel Cost FAQs

  • During October, 2024, the average price for solar panel installations in Bentonville, AR is $3.41/W. Post federal tax credit, a 5 kW solar panel system installation in Bentonville, AR will roughly cost $11,935.

  • Currently, Arkansas residents can benefit from 4 rebates and incentives available through various utilities and government bodies. Moreover, nearly everyone is eligible for the 30% federal income tax credit.

  • Opting to pay in cash provides the highest savings, but there are now multiple financing options for solar panels that make financial sense. Initial quotes from installers will frequently detail information about available financing options.

  • Yes, the payback period for 5 kW solar energy systems in Bentonville, AR averages 9 years, with electricity savings of about $15,360.2 over 20 years.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-10-01