Solar Panel Costs in Fayetteville, AR from $9.4k-$18k | 2024

Solar Panels Cost $9.4k-$18k in Fayetteville | July 2024

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

In Fayetteville, an average home needs a 8kW solar system in order cover most of their electricity needs. Given the average residential price-per-watt of $3.36 in Fayetteville, a 8kW system can cost around $26,880 depending on applicable rebates and other factors.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Fayetteville: $16,800US Average: $18,107
Average Payback Period The number of years until you break even on the solar investment.
Fayetteville: 12 yearsUS Average: 11 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Fayetteville: $12,097US Average: $15,018

Solar Potential in Fayetteville

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

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

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Average solar panel costs by system size in Fayetteville

Get the most value out of your roof by comparing the different benefits a given system size has.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $744 a year
Est. Price
$13,440
Savings from a 4kWthis system
  • Est. yearly production 5,892 kWh
  • Est. monthly savings $62
  • Full payback in 18 years
Environmental Impacts
  • Reduces CO2 emissions by 3.83 tons a year
  • Equivalent to planting 176 trees a year
  • Equivalent to driving 9,486 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $930 a year
Est. Price
$16,800
Savings from a 5kWthis system
  • Est. yearly production 7,365 kWh
  • Est. monthly savings $77
  • Full payback in 18 years
Environmental Impacts
  • Reduces CO2 emissions by 4.79 tons a year
  • Equivalent to planting 220 trees a year
  • Equivalent to driving 11,858 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,116 a year
Est. Price
$20,160
Savings from a 6kWthis system
  • Est. yearly production 8,838 kWh
  • Est. monthly savings $93
  • Full payback in 18 years
Environmental Impacts
  • Reduces CO2 emissions by 5.75 tons a year
  • Equivalent to planting 264 trees a year
  • Equivalent to driving 14,229 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,302 a year
Est. Price
$23,520
Savings from a 7kWthis system
  • Est. yearly production 10,311 kWh
  • Est. monthly savings $108
  • Full payback in 18 years
Environmental Impacts
  • Reduces CO2 emissions by 6.71 tons a year
  • Equivalent to planting 308 trees a year
  • Equivalent to driving 16,601 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,488 a year
Est. Price
$26,880
Savings from a 8kWthis system
  • Est. yearly production 11,785 kWh
  • Est. monthly savings $120
  • Full payback in 19 years
Environmental Impacts
  • Reduces CO2 emissions by 7.42 tons a year
  • Equivalent to planting 341 trees a year
  • Equivalent to driving 18,366 mi less a year

Fayetteville Solar Panel Installation Incentives & Rebates | 2024

Fayetteville has 4 rebates and tax credits that you may be eligable for. Visit the official links for more details to see if you apply.

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.

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Fayetteville Solar Panel Cost FAQs

  • As a general rule, unless there are local limitations, the main limitations to the amount of solar panels you can put on your roof are the available space on your roof, your electricity usage, your providers net metering rules, and the limitations of your house hold electrical system.
  • Based on our research the average price per installed watt is $3.36 in Fayetteville. This means for a 10kW system you can expect to pay $33,600 though pricing can vary significantly between installers based on the projects requirements.
  • Based on a Zillow research study from 2019, home with solar panels sell for roughly 4.1% more.
  • To generate the most power, solar panels in the United States should face true south as this generally results in the solar panels receiving the most light each day throughout the course of the year. That said, given that energy prices are often variable throughout the day, your installer may recommend you rotate your panels slightly so that the panels will receive more light at the end of the day when energy prices can be more expensive. That said, for most consumers the positioning of solar panels is highly dependent on your home's roof.
  • Based on our continuously updated database of solar installers, we have found 18 verified solar install companies in Fayetteville

Who are the best solar installers in Fayetteville?

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Auditing of energy requirements for independent energy generation.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.

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

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • 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.
  • Consulting on all things solar related.

Solera Energy

Springfield, MO(855) 745-2398

Services

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

Harvest Solar

Jackson, MI(888) 907-6527

Services

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

Fluent Solar

Lindon, UT(866) 736-1253

Services

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

New Farm Solar

Springdale, AZ(833) 639-3276

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-07-17