Solar Panels Cost 12k-22k in Centerton, AR | October, 2024

Solar Panels Cost $12k-$22k in Centerton, AR | October, 2024

High Power Bills?

Reduce or replace your electricity bill with solar

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

In Centerton, AR, the cost per watt for solar panel installations is about $3.63/W in October, 2024.

Expect to pay $3,630, on average, for every 1000 watts (or 1 kW) of solar energy your panels will need to produce. In Centerton, you will spend around $12,705 for a 5 kW solar panel install once the 30% federal income tax credit is factored in. Be advised that a more powerful system may be necessary to fully meet your energy needs.

Use the menu on the left to pick your county and find out the average roof size and the average maximum capacity for residential solar on residences in your area. Below, you can see a summary 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.
Centerton: $12,705US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Centerton: 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.
Centerton: $11,276US Average: $15,784

Solar Potential in Centerton

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

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

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

Energy consumers in Centerton usually pay $122.61 per month for electricity, consuming an average of 1,038 kWh. Compact residences, such as efficiency studios and apartments, are also included in the figures mentioned in the prior sentence.

In October 2024, the electricity rate in Centerton, AR is 11.82¢ per kWh.

To fully meet the energy requirements of an average user in Centerton, a solar system of 9 kW or larger is required. The expense for aa 9 kW solar installation is about $32,670 upfront, but with a 30% tax credit, the price decreases to $22,869.

Go Solar for less than your cell phone bill.

Average solar panel costs by system size in Centerton

Shown on the left, you will find a price breakdown for various solar panel system sizes set up in Centerton. When you opt for a more extensive solar system, the cost is larger, but it also leads to higher electricity savings and a greater income tax credit.

Using the solar panel cost calculator located down and to the right, you can view a detailed cost and benefit analysis based on an average electric bill of $122.61 in Centerton. Modify the $122.61 to your average bill payment for more accurate results.

System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $902 a year
Est. Price
$12,705
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 4.5 tons a year
  • Equivalent to planting 207 trees a year
  • Equivalent to driving 11,132 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,083 a year
Est. Price
$15,246
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 5.4 tons a year
  • Equivalent to planting 248 trees a year
  • Equivalent to driving 13,358 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,263 a year
Est. Price
$17,787
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 6.3 tons a year
  • Equivalent to planting 289 trees a year
  • Equivalent to driving 15,585 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,444 a year
Est. Price
$20,328
Savings from a 8kWthis system
  • Est. yearly production 12,031 kWh
  • Est. monthly savings $120
  • Full payback in 14 years
Environmental Impacts
  • Reduces CO2 emissions by 7.2 tons a year
  • Equivalent to planting 330 trees a year
  • Equivalent to driving 17,811 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,624 a year
Est. Price
$22,869
Savings from a 9kWthis system
  • Est. yearly production 13,535 kWh
  • Est. monthly savings $123
  • Full payback in 16 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

Centerton Solar Panel Installation Incentives & Rebates | 2024

Between 80% and 100% of your solar or wind turbine installation costs may be covered by the REAP Grant if you own a rural small business or farm. Think you fit this category? Check your qualification with our REAP Grant eligibility tool.

Homeowners can benefit from a 30% federal income tax credit for adding residential solar panels, making solar power a feasible option across much of the country. Additionally, a number of state and local programs are available to promote solar adoption.

Residents of Arkansas can access 4 solar rebate and incentive programs from a range of utilities and governmental 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?

If your plan is to stay in your home past the time it takes to pay off your solar system, opting for solar panels is a good move in Centerton. Over a 20 year period, a 5 kW solar system in Centerton, AR could save you around $16,721.4, with the average break even time being 9 years.

The cost of not having solar panels in Centerton, AR

Apart from missing out on the savings highlighted earlier, not having solar panels or an alternative backup energy source leaves you fully reliant on your electric utility for electricity. The media has demonstrated several cases where complete reliance on your utility isn't always the best scenario.

Recently, the average number of utility outages per customer annually in Centerton has been about 1.77. On average, an outage lasts 258.53 minutes. When major events such as heavy rain and flooding, aging infrastructure, or wildlife damage occur, these durations can increase significantly

Regardless of whether a backup battery is included or not, a solar panel system could reduce the strain of possible future outages.

Power Outages

Currently, 0 customers are being tracked in Benton County.

Learn more

Customers Out:

0

Go Solar for less than your cell phone bill.

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

Your Energy Needs - The cost per watt is reduced with larger solar panel systems, even though the initial cost is higher. A lot of people find it advantageous to set up a solar energy system that can fully cover their entire electric bill. This results in optimal savings.

Make & Model - Similar to many products, solar panels come in a variety of makes and models. The potential system preferences of your contractor mean that it is it's even more vital to select a recommended company. The employment of superior materials is likely to result in a more favorable long-term experience for buyers.

Solar Panel Type - Monocrystalline panels have secured their spot as the industry standard, and for valid reasons. Even with a higher cost, this technology yield more energy. Most installers opt for panels constructed using this material.

Your Property - Each property and home has its own unique features. Irregular terrain, trees, or additional hindrances may add to the difficulty of the installation. These days, satellite images enable many solar installers to assess your home and include these elements into the preliminary cost estimate.

Labor Rates - The varying wages that companies offer their employees lead to costs that are ultimately borne by consumers. Businesses paying more to their employees typically receive higher reviews for their services and customer service.

Permitting & Interconnection - Regional differences in permitting and utility interconnection fees will affect your installation cost. Quality local installers will integrate these numbers into your preliminary quotes to avoid any surprises.

See what solar panels cost in other AR cities

Go Solar for less than your cell phone bill.

Who are the best solar installers in Centerton?

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Reparation of solar arrays.
  • 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.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of 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

  • 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

  • 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.
  • Consulting on all things solar related.
  • Reparation of solar arrays.
  • Installation of solar arrays.

Harvest Solar

Jackson, MI(888) 907-6527

Services

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

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

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

New Farm Solar

Springdale, AZ(833) 639-3276

Services

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

Centerton, AR Solar Panel Cost FAQs

  • The average solar panel cost in Centerton, AR as of October, 2024 is estimated at $3.63/W. In Centerton, AR, installing a 5 kW solar panel system will set you back approximately $12,705 after federal tax incentives.

  • In Arkansas, you have access to 4 rebates and incentives provided by numerous utilities and government organizations. In addition, the 30% federal income tax credit is available to almost everyone.

  • Although paying in cash offers the most savings, numerous financing options for solar panels now exist that are cost-effective. Many installers have financing partners and will provide this information in your initial quotes.

  • Yes, homeowners in Centerton, AR generally see a payback time of 9 years for 5 kW solar panel systems, with electricity savings averaging $16,721.4 over a 20-year period.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01