Solar Panels Cost $0k-$0k in Chicot County, AR | December, 2024
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How much do solar panels cost in Chicot County, AR in 2024?
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The typical cost per watt for solar panel systems in Chicot County, AR in December, 2024 is estimated at $0/W.
Expect the cost to be $0, on average, for every 1000 watts (or 1 kW) of solar energy your panels can produce. You are able to come up with this number in accordance with this rate price cost. Applying the 30% federal tax credit, the average price for a 5 kW solar panel system in Chicot County is around $0. It's important to note that a higher capacity system could be essential to fulfill your energy demands.
To the left, you can choose your county to view the average roof size and the average maximum production capacity for residential solar on houses in your area. Below is a full overview 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.
Chicot County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Chicot County: 0 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Chicot County: $34,855US Average: $16,152
Solar Potential in Chicot County
Estimated system size and solar electricity production per median viable roof in Chicot County.
Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 15.8kkWh AC per yr.
Electricity Costs in Chicot County, AR & What that Means for Your Solar Panel Pricing
On average, Chicot County residents use 1,098 kWh each month, and the electric bill is 145.23. This statistic also reflects data from apartments and smaller homes with less energy demand.
The average rate for electricity in Chicot County, AR during December, 2024 is 13.23¢ per kWh.
The price of a a 9 kW solar installation is approximately $0 upfront, but the federal tax credit offers a 30% credit, reducing your total to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Chicot County
Presented on the left and below is the cost analysis for various sizes of the solar panel systems installed in Chicot County. More extensive solar installations come with a greater cost, yet they also offer greater electricity savings and more generous income tax credits.
Check the solar panel cost calculator below and to the right to see the cost and benefit details based on an average $145.23 electric bill in Chicot County. Personalized results can be achieved by adjusting the $145.23 to your average bill amount.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $978 a year
Est. Price
$0
Savings from a 5kWthis system
Est. yearly production 7,519 kWh
Est. monthly savings $81
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0 tons a year
Equivalent to planting 0 trees a year
Equivalent to driving 0 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,173 a year
Est. Price
$0
Savings from a 6kWthis system
Est. yearly production 9,023 kWh
Est. monthly savings $98
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0 tons a year
Equivalent to planting 0 trees a year
Equivalent to driving 0 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,369 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,527 kWh
Est. monthly savings $114
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0 tons a year
Equivalent to planting 0 trees a year
Equivalent to driving 0 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,564 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 12,031 kWh
Est. monthly savings $130
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0 tons a year
Equivalent to planting 0 trees a year
Equivalent to driving 0 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,760 a year
Est. Price
$0
Savings from a 9kWthis system
Est. yearly production 13,535 kWh
Est. monthly savings $145
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0 tons a year
Equivalent to planting 0 trees a year
Equivalent to driving 0 mi less a year
Chicot County Solar Panel Installation Incentives & Rebates | 2024
The financial burden of installing solar or wind turbines for rural farmlands and small businesses could be eased with the REAP Grant, covering 80% to 100% of the costs. To see if you qualify, use our REAP Grant eligibility tool.
For those considering residential solar, the 30% federal income tax credit is offered to nearly everyone, making solar power a good investment in many parts of the country. A range of state and local initiatives are offered to support the use of solar energy.
There are 4 solar rebate and incentive programs currently available in Arkansas by multiple utilities and government bodies.
Solar incentives in ARIncentive Description Value
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 Chicot County, AR?
If you're intending to stay in your home past the period required to pay back your solar investment, opting for solar panels is a smart decision in Chicot County. A 5 kW solar system in Chicot County, AR could potentially save you $34,855.2 over the course of 20 years, with the break even point averaging at 0 years.
The cost of not having solar panels in Chicot County, AR
The absence of solar panels or an alternative energy backup means that you miss out on the savings mentioned earlier and depend on your electric utility for electricity. The news has given several examples highlighting that full reliance on your utility isn't always the best idea.
Customers in Chicot County have experienced an average of 1.52 utility outages per year in recent times. Usually, outages have an average duration of 262.94 minutes. However, during critical events like winter storms, grid management errors, or wildlife damage, these times can extend dramatically.
View the component below to see the number of current electricity customers without power in Chicot County.
A solar panel system, with or without a backup battery, could help mitigate the effects of future outages you might encounter.
Power Outages
Currently, 0 customers are being tracked in Chicot County.
What impacts the cost of solar panels in Chicot County, AR?
Your Energy Needs - Larger solar panel systems require more upfront investment, but the cost per watt drops as the size of the system expands. Installing a solar system that generates sufficient electricity to eliminate their electric bill is beneficial to most consumers, leading to savings.
Make & Model - There are numerous brands and models of solar panels and mounting equipment. Since your installer may prefer particular systems, it's important to choose a highly rated company. Opting for higher quality equipment generally provides a more satisfying long-term experience for the buyer.
Solar Panel Type - Monocrystalline panels have taken over as the standard in the industry, and it's easy to see why. They are associated with a higher price, but they provide more energy. The majority of solar panel installers prefer this kind of material.
Your Property - Each property and residence is unique. Issues such as trees, uneven landscapes, or additional challenges may add to the complexity of the installation. Solar installers currently have the ability to utilize satellite images to evaluate your home and incorporate these elements in the initial cost estimate.
Labor Rates - The wage differences between companies result in costs that are passed on to the consumers. Businesses frequently receive higher reviews for their services and customer service when they pay higher wages.
Permitting & Interconnection - The local permitting and utility interconnection fees, which change by region, will affect your final installation price. Reliable local installers will build these figures into your initial estimates to avoid any surprises.
See what solar panels cost in other Chicot County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Chicot County?
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.
Consulting on all things solar related.
Chicot County, AR Solar Panel Cost FAQs
In December, 2024, the average cost of solar panels per watt in Chicot County, AR is $0/W. The installation of a 5 kW solar panel system in Chicot County, AR will cost about $0 after federal tax credits.
Various utility providers and government organizations in Arkansas are offering 4 rebates and incentives at this time. Additionally, the vast majority qualify for the 30% federal tax credit.
Choosing to pay cash offers the most savings, but today there are many financing options for solar panels that are also financially advantageous. Information about financing options will often be included in your initial quotes by many installers.
Yes, in Chicot County, AR, the average payback period for 5 kW solar panels is 0 years, resulting in average electricity savings of $34,855.2 over 20 years.
Savings from 
Environmental Impacts 
