Solar Panels Cost $0k-$0k in Franklin County, AR | November, 2024
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How much do solar panels cost in Franklin County, AR in 2024?
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Going solar in Franklin County, AR averages out to $0/W in November, 2024.
Using the cost per watt, we can come to the conclusion that for every 1 kW (1000 watts) your solar panel system can produce, you will have to invest $0 for installation. A 5 kW solar panel system in Franklin County will typically cost you $0 after the 30% federal tax credit is applied. Remember, a larger system could be essential to satisfy your energy demands effectively.
To the left,choose your area to access information on the typical roof size and the average maximum capacity of residential solar for homes in your county. You can review the price, payback period, and 20-year average savings for a 5 kW system in your county below.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Franklin County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Franklin 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.
Franklin County: $34,303US Average: $16,169
Solar Potential in Franklin County
Estimated system size and solar electricity production per median viable roof in Franklin County.
Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 15.8kkWh AC per yr.
Electricity Costs in Franklin County, AR & What that Means for Your Solar Panel Pricing
On average, Franklin County residents pay 142.93 for their electric bill each month and consume 1,117 kWh. Small houses, such as studio apartments or condos, are also encompassed in the numbers mentioned in the previous sentence.
Franklin County, AR's electricity rate averages 12.8¢ per kWh in November 2024.
The expense for aa 9 kW solar panel system comes to $0 before incentives, but with a 30% tax credit, the final price is reduced to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Franklin County
To your left, we have provided a detailed cost breakdown for the multiple solar panel system sizes set up in Franklin County. Even though a larger solar installation does come with a higher price tag, it also provides increased electricity savings and more substantial income tax credits.
The solar panel cost calculator, situated to the right and below, provides a breakdown of costs and benefits using an average $142.93 electric bill for Franklin County. For tailored results, adjust the $142.93 to whichever your typical electricity bill is.
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 2.66 tons a year
Equivalent to planting 122 trees a year
Equivalent to driving 6,579 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 3.19 tons a year
Equivalent to planting 146 trees a year
Equivalent to driving 7,895 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 3.72 tons a year
Equivalent to planting 171 trees a year
Equivalent to driving 9,211 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 4.25 tons a year
Equivalent to planting 195 trees a year
Equivalent to driving 10,527 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 $143
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 4.67 tons a year
Equivalent to planting 214 trees a year
Equivalent to driving 11,549 mi less a year
Franklin County Solar Panel Installation Incentives & Rebates | 2024
The financial burden of installing solar or wind turbines for rural agricultural enterprises and small businesses could be eased with the REAP Grant, covering 80% to 100% of the costs. Wondering if you fall into this category? Check your eligibility with our REAP Grant eligibility tool.
Homeowners can benefit from a 30% federal income tax credit for setting up residential solar panels, which makes solar power a feasible option throughout much of the country. Moreover, a number of state and local programs are available to promote solar adoption.
Arkansas provides 4 solar rebates and incentives from various utility companies and government departments.
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 Franklin County, AR?
If you expect to own your residence longer than the solar system's payback period, solar panels are a wise investment in Franklin County. A 5 kW solar system in Franklin County, AR could potentially save you $34,303.2 over the course of 20 years, with the break even point usually at 0 years.
The cost of not having solar panels in Franklin County, AR
Skipping solar panels or an alternative backup energy source results in you'll miss out on the savings highlighted before and be completely dependent on your electric utility for power. As recent news articles have shown, full dependence on your utility provider is not always ideal.
Generally, customers in Franklin County encounter around 1.34 outages. The typical duration of each outage is 176.07 minutes. When significant events such as construction accidents, equipment failure or high winds occur, these time frames can become much longer.
Take a look at the info below to see the number of current electricity customers without power in Franklin County.
Whether equipped with a backup battery or not, a solar panel system can reduce the strain of potential future outages.
Power Outages
Currently, 0 customers are being tracked in Franklin County.
What impacts the cost of solar panels in Franklin County, AR?
Your Energy Needs - The upfront cost for larger solar panel systems is larger, but the cost per watt reduces as the system size expands. Many consumers realize it's a good idea to set up a solar system that can make enough power to offset their electric bill, because it helps them achieve greater savings.
Make & Model - There are a range of makes and models of solar panels and mounting equipment. Since your contractor may prefer particular brands, it's crucial to select a highly rated company. Choosing better quality materials can yield a much better long-term experience for the buyer.
Solar Panel Type - For several valid reasons, monocrystalline panels are now the industry standard. They come with a higher price, but they provide more energy. Most solar panel installers opt for this type of material.
Your Property - Each home and property is unique in its own way. Uneven land, trees, or additional considerations may complicate the installation. Today, the majority of solar installers can assess your home with satellite images and factor in these considerations in the preliminary cost estimate.
Labor Rates - Companies provide varying pay rates to their employees, which are then shown in the prices consumers pay. Businesses tend to receive higher reviews for their services and customer service when they pay better wages.
Permitting & Interconnection - Local permitting and utility interconnection fees, which vary by area, will influence your installation cost. That said, reputable local installers will be able to incorporate these numbers into your first quotes so there are no surprises.
See what solar panels cost in other Franklin County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Franklin 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.
Franklin County, AR Solar Panel Cost FAQs
The typical cost per watt for solar panels in Franklin County, AR as of November, 2024 is $0/W. The cost of installing a 5 kW solar panel system in Franklin County, AR is about $0post federal tax credit.
Currently, Arkansas residents can benefit from 4 rebates and incentives available through various utilities and government bodies. Moreover, nearly everyone is eligible for the 30% federal income tax credit.
Paying cash offers the most savings, but there are now numerous financing options for solar panels that are also advantageous. Initial quotes from installers will frequently include information about available financing options.
Yes, homeowners in Franklin County, AR can expect 5 kW solar panels to pay off in 0 years, with an estimated $34,303.2 in electricity savings during a 20-year span.
Savings from 
Environmental Impacts 
