Solar Panels Cost $0k-$0k in Drew County, AR | November, 2024
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How much do solar panels cost in Drew County, AR in 2024?
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The current cost per watt of going solar in Drew County, AR in November, 2024 is $0/W.
Applying the rate, we are able to come to the conclusion that for every 1000 watts (1 kW) your solar panels can produce, you will need to spend $0 to have it installed. When you subtract the 30% federal tax credit, you will pay around $0, in Drew County, for a 5 kW solar panel system. Please consider, a 5kW system may not be sufficient to fulfill your energy needs.
Use the left-hand menu to select your area and find the typical roof size and the maximum production capacity for solar panels on homes in your county. Below is a breakdown of the price, 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.
Drew County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Drew 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.
Drew County: $33,151US Average: $16,169
Solar Potential in Drew County
Estimated system size and solar electricity production per median viable roof in Drew County.
Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 15.8kkWh AC per yr.
Electricity Costs in Drew County, AR & What that Means for Your Solar Panel Pricing
For Drew County energy consumers, the typical electric bill is 138.13 per month, with a usage of 1,055 kWh. {These numbers encompass apartments and other smaller homes, which usually have lower energy consumption.
The mean rate for electricity in Drew County, AR in November, 2024 is 13.1¢ per kWh.
Presently, a 9 kW solar panel system costs $0 after the 30% federal income tax credit.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Drew County
On the left side, you'll see a detailed price breakdown of the various sizes of solar panel systems installed in Drew County. More extensive solar installations have a greater cost, yet they also yield higher electricity savings and more generous income tax credits.
Look at the solar panel cost calculator below and to the right to see the cost and benefit details based on an average $138.13 electric bill in Drew County. Swap the $138.13 with your typical electricity bill to get more accurate results.
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 4.28 tons a year
Equivalent to planting 197 trees a year
Equivalent to driving 10,603 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 5.14 tons a year
Equivalent to planting 236 trees a year
Equivalent to driving 12,724 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 6 tons a year
Equivalent to planting 275 trees a year
Equivalent to driving 14,844 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 6.85 tons a year
Equivalent to planting 315 trees a year
Equivalent to driving 16,965 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 $138
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 7.26 tons a year
Equivalent to planting 333 trees a year
Equivalent to driving 17,962 mi less a year
Drew County Solar Panel Installation Incentives & Rebates | 2024
Rural entrepreneurs and farmers might find that the REAP Grant pays for 80% to 100% of their costs when installing photovoltaic or wind energy systems. To see if you qualify, use our REAP Grant eligibility tool.
For residential solar projects, most people are eligible for the 30% federal income tax credit, making solar a sensible solution in many parts of the country. Moreover, several state and local efforts are in place to further encourage the adoption of solar energy.
In Arkansas, different utilities and government bodies offer 4 solar rebate and incentive programs.
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 Drew County, AR?
If you expect to own your residence longer than the solar system's payback period, solar panels are a smart investment in Drew County. If you install a 5 kW solar system in Drew County, AR, you might save $33,151.2 over 20 years on average, with a break even point at around 0 years.
The cost of not having solar panels in Drew County, AR
If you don't install solar panels or an alternative backup power source, you miss out on the previously mentioned savings and your household is entirely dependent on your electric utility for electricity. Complete dependence on your utility is not always ideal, as several recent news reports have illustrated.
Recently, customers in Drew County have experienced an average of 1.52 outages per year. The average duration of each outage is 262.94 minutes. During severe events like grid management errors, hurricanes or planned maintenance, these times can grow significantly longer.
View the info below to see the number of current electricity customers without power in Drew County.
Whether equipped with a backup battery or not, a solar panel system can help alleviate the stress of possible future outages.
Power Outages
Currently, 0 customers are being tracked in Drew County.
What impacts the cost of solar panels in Drew County, AR?
Your Energy Needs - The cost per watt is lower with larger solar panel systems, even though the initial cost is larger. Consumers often realize that installing a solar system to offset their electric bill is a good move, leading to the most savings.
Make & Model - There are a variety of makes and models of solar panels and mounting equipment. Because the installer you choose might have specific system preferences, selecting a highly rated installer is especially important. Superior materials generally provide an improved long-term experience for the buyer.
Solar Panel Type - Monocrystalline panels are broadly acknowledged as the standard in the industry, and for good cause. Although the cost is higher, they deliver more energy. The majority of installers use these kinds of panels.
Your Property - Uneven ground, trees, or additional obstacles can increase the difficulty of the installation. Solar installers now have the ability to use satellite images to assess your home and include these elements in the preliminary cost estimate.
Labor Rates - Variations in employee wages across companies result in expenses that are passed on to the consumers. Businesses paying higher wages often garner better reviews for their services and customer service.
Permitting & Interconnection - Local permitting and utility interconnection fees, which change by area, will impact your installation cost. Good local installers will incorporate these figures into your initial estimates to prevent any surprises.
See what solar panels cost in other Drew County cities
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.
Drew County, AR Solar Panel Cost FAQs
In November, 2024, the typical price per watt for solar panels in Drew County, AR is $0/W. In Drew County, AR, installing a 5 kW solar panel system will set you back approximately $0 after federal tax incentives.
Arkansas offers 4 different rebates and incentives from a range of utilities and government organizations. In addition, nearly all people are eligible for the 30%federal tax credit.
Even though cash payments yield the greatest savings, numerous financing options for solar panels today are also advantageous. Financing options are often provided by installers and may be specified in your initial quotes.
Yes, on average, 5 kW solar panels in Drew County, AR pay for themselves in 0 years, with homeowners saving approximately $33,151.2 on electricity over 20 years.
Savings from 
Environmental Impacts 
