Solar Panels Cost 9.4k-18k in Clarksville, AR | October, 2024

Solar Panels Cost $9.4k-$18k in Clarksville, AR | October, 2024

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

For the month of October, 2024, the cost per watt for solar systems in Clarksville, AR is $3.37/W.

Expect to pay $3,370, on average, for every 1000 watts (or 1 kW) of solar energy your system can generate. We are able to come to this conclusion by using this rate price cost per watt. In Clarksville, the cost of a 5 kW solar system is typically $11,795, after the 30% federal tax credit. Please keep in mind that a more extensive system could be necessary to meet your energy requirements.

To the left, you can choose your county to view the average roof size and the maximum capacity of solar panels for houses in your area. Displayed below is an outline of the costs, 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.
Clarksville: $11,795US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Clarksville: 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.
Clarksville: $9,780US Average: $15,784

Solar Potential in Clarksville

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

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

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

Clarksville residents generally consume 985 kWh of electricity each month, with bills around $110.96. These statistics also reflects the energy consumption patterns of smaller residences, such as apartments.

Clarksville, AR's electricity rate is 11.26¢ per kWh in October 2024.

For the typical energy consumer in Clarksville, a system size of 8 kW or more is needed to cover their full power consumption demands. Right now, an 8 kW solar panel installation will cost you approximately $26,960, but the federal tax credit reduces the price by 30%, making it $18,872.

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Average solar panel costs by system size in Clarksville

On your left, you will see a detailed cost analysis for various solar panel system sizes set up in Clarksville. When you opt for a bigger solar system, the cost is greater, but it also leads to more significant electricity savings and a larger income tax credit.

The calculator below and to the right offers a detailed summary of solar panel costs and benefits, based on an average electric bill of $110.96 in Clarksville. Custom results can be achieved by changing the $110.96 to your usual bill amount.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $662 a year
Est. Price
$9,436
Savings from a 4kWthis system
  • Est. yearly production 6,016 kWh
  • Est. monthly savings $55
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.35 tons a year
  • Equivalent to planting 154 trees a year
  • Equivalent to driving 8,287 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $827 a year
Est. Price
$11,795
Savings from a 5kWthis system
  • Est. yearly production 7,519 kWh
  • Est. monthly savings $69
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.18 tons a year
  • Equivalent to planting 192 trees a year
  • Equivalent to driving 10,359 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $993 a year
Est. Price
$14,154
Savings from a 6kWthis system
  • Est. yearly production 9,023 kWh
  • Est. monthly savings $83
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 5.02 tons a year
  • Equivalent to planting 231 trees a year
  • Equivalent to driving 12,431 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,158 a year
Est. Price
$16,513
Savings from a 7kWthis system
  • Est. yearly production 10,527 kWh
  • Est. monthly savings $96
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 5.86 tons a year
  • Equivalent to planting 269 trees a year
  • Equivalent to driving 14,502 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,323 a year
Est. Price
$18,872
Savings from a 8kWthis system
  • Est. yearly production 12,031 kWh
  • Est. monthly savings $110
  • Full payback in 14 years
Environmental Impacts
  • Reduces CO2 emissions by 6.7 tons a year
  • Equivalent to planting 308 trees a year
  • Equivalent to driving 16,574 mi less a year

Clarksville Solar Panel Installation Incentives & Rebates | 2024

If you run a small business or farm in a rural area, you could receive REAP Grant support that covers 80% to 100% of your solar or wind turbine installation costs. Believe you fit this category? Check your qualification with our REAP Grant eligibility tool.

Adding residential solar panels comes with a 30% federal tax credit, available to most homeowners, making it a good option for numerous areas across the country. Alongside federal efforts, state and local programs help to encourage the use of solar power.

Arkansas features 4 solar rebate and incentive initiatives available from different utilities and government organizations.

Solar incentives in AR

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 you're intending to stay in your home past the period required to pay back your solar investment, opting for solar panels is a wise decision in Clarksville. A 5 kW system in Clarksville, AR will enable you to save the average homeowner, on average, $14,835.4 over a 20 period and the average break even point is 9 years.

The cost of not having solar panels in Clarksville, AR

In addition to 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. Recent news stories have demonstrated that complete dependence on your utility is not always ideal.

Lately, customers in Johnson County have typically experienced 1.54 utility outages per year. The average duration of each outage is 156.22 minutes. During severe events like vandalism, overloaded power grids or landslides, these times can grow significantly longer.

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

Power Outages

Currently, 0 customers are being tracked in Johnson County.

Learn more

Customers Out:

0

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

Your Energy Needs - The upfront cost for larger solar panel systems is larger, but the cost per watt decreases as the system size increases. Many people find it advantageous to set up a solar energy system that can fully cover their entire electric bill. This ensures optimal savings.

Make & Model - Similar to other items, solar panels come in a variety of makes and models. As your installer may prefer certain systems, it's essential to choose a reputable contractor. Higher quality makes and models often result in a more satisfactory long-term experience for buyers.

Solar Panel Type - For numerous good reasons, monocrystalline panels are now the standard in the industry. They are associated with a higher price, but they provide more energy. Most solar panel installers opt for this kind of material.

Your Property - Elements such as trees, sloping terrain, or other obstructions might complicate the installation process. Using satellite imagery, solar installers can now assess your home and include these considerations into the initial cost estimate.

Labor Rates - Different companies have varying pay scales for their employees, and these costs are ultimately passed on to consumers. Businesses that invest in higher wages often see higher reviews for their work and customer service.

Permitting & Interconnection - Local permitting and utility level interconnection fees change by area and will affect your final install price. Experienced local installers will incorporate these numbers into your first quotes to prevent any surprises.

See what solar panels cost in other AR cities

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Who are the best solar installers in Clarksville?

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

  • 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.
  • Consulting on all things solar related.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

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

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

Fluent Solar

Lindon, UT(866) 736-1253

Services

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

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

Clarksville, AR Solar Panel Cost FAQs

  • As of October, 2024, the average cost for solar panels in Clarksville, AR is $3.37/W. In Clarksville, AR, installing a 5 kW solar panel system will set you back approximately $11,795 after federal tax incentives.
  • Utilities and government agencies in Arkansas are currently offering 4 different rebates and incentives. Furthermore, almost all individuals are entitled to the 30% federal income tax credit.
  • Opting to pay in cash provides the highest savings, but there are now various financing options for solar panels that are financially beneficial. Many installers will detail information about financing options in their initial quotes.
  • Yes, in Clarksville, AR, the average payback period for 5 kW solar panels is 9 years, resulting in average electricity savings of $14,835.4 over 20 years.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01