Solar Panels Cost 11k-20k in Greenbrier, AR | October, 2024

Solar Panels Cost $11k-$20k in Greenbrier, AR | October, 2024

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

To go solar in Greenbrier, AR in October, 2024 is approximately $3.3/W.

Each 1 kW (1000 watts) of solar power capacity will require an investment of $3,300 for installation. We can come to this conclusion in accordance with this rate price cost per watt. A 5 kW panel install in Greenbrier will generally cost you $11,550 after the 30% federal tax credit. Please note that a larger system may be needed to ensure your energy requirements are met.

By selecting your county on the left, you can discover the average roof size and the average maximum capacity for residential solar panel systems in your area. The following analysis, below, highlights 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.
Greenbrier: $11,550US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Greenbrier: 7 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Greenbrier: $17,554US Average: $15,784

Solar Potential in Greenbrier

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

Roof size 1,073sq. ft.
Capacity 15kW DC
Electricity 17.5kkWh AC per yr.

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

Energy consumers in Greenbrier typically use 1,079 kWh per month, with an average monthly bill of $141.89. This number also comprises data from smaller living spaces like apartments with less energy needs.This figure includes the energy usage patterns of smaller dwellings, including apartments.

In October 2024, the mean electricity rate in Greenbrier, AR is 13.15¢ per kWh.

The average energy user in Greenbrier will need a 9 kW or larger solar setup to cover their full energy usage demands. You'll spend $20,790 on a 9 kW solar panel installation after including the 30% federal income tax credit in your calculations.

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Average solar panel costs by system size in Greenbrier

To the left, you'll see a detailed price breakdown of the various sizes of solar panel systems set up in Greenbrier. With larger solar systems, the price goes up, but so do the electricity savings and the income tax credits you can receive.

The solar panel cost and benefit breakdown, displayed in the calculator below and to the right, is based on an average electric bill of $141.89 in Greenbrier. Change the $141.89 to your average electricity bill payment for more detailed results.

System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $978 a year
Est. Price
$11,550
Savings from a 5kWthis system
  • Est. yearly production 7,519 kWh
  • Est. monthly savings $81
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 4.22 tons a year
  • Equivalent to planting 194 trees a year
  • Equivalent to driving 10,446 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,173 a year
Est. Price
$13,860
Savings from a 6kWthis system
  • Est. yearly production 9,023 kWh
  • Est. monthly savings $98
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 5.06 tons a year
  • Equivalent to planting 233 trees a year
  • Equivalent to driving 12,535 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,369 a year
Est. Price
$16,170
Savings from a 7kWthis system
  • Est. yearly production 10,527 kWh
  • Est. monthly savings $114
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 5.91 tons a year
  • Equivalent to planting 271 trees a year
  • Equivalent to driving 14,624 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,564 a year
Est. Price
$18,480
Savings from a 8kWthis system
  • Est. yearly production 12,031 kWh
  • Est. monthly savings $130
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 6.75 tons a year
  • Equivalent to planting 310 trees a year
  • Equivalent to driving 16,714 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,760 a year
Est. Price
$20,790
Savings from a 9kWthis system
  • Est. yearly production 13,535 kWh
  • Est. monthly savings $142
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 7.36 tons a year
  • Equivalent to planting 338 trees a year
  • Equivalent to driving 18,209 mi less a year

Greenbrier Solar Panel Installation Incentives & Rebates | 2024

Rural small businesses and farms can benefit from the REAP Grant, which may cover between 80% and 100% of your solar energy or wind turbine installation costs. Believe you fall into this category? Check your qualification with our REAP Grant eligibility tool.

For those considering residential solar, the 30% federal income tax credit is offered to almost all homeowners, which makes solar power a smart investment in numerous parts of the country. Additionally, various state and local programs exist to further encourage the adoption of solar power.

Multiple utilities and governmental agencies in Arkansas offer 4 solar rebate and incentive programs.

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, installing solar panels is a good decision in Greenbrier. A 5 kW solar system in Greenbrier, AR might save you an average of $22,503.6 over 20 years, with the break even point usually being 7 years.

The cost of not having solar panels in Greenbrier, AR

In addition to forgoing the savings mentioned previously, not installing solar panels or another form of backup power results in you being completely dependent on your electric utility. Full reliance on your utility provider isn't always ideal, as recent examples in the news have shown.

On average, customers in Greenbrier have experienced 1.94 utility outages per year recently. On average, an outage lasts 346.11 minutes. When major events such as wildfires, planned maintenance, or equipment failure occur, these durations can increase significantly

With or without a backup battery, a solar panel system could reduce the stress of future power disruptions you might encounter.

Power Outages

Currently, 0 customers are being tracked in Faulkner County.

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Customers Out:

0

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

Your Energy Needs - The price per watt lowers with larger solar panel systems, even though the upfront cost is larger. For most consumers, installing a system that can produce enough power to reduce their entire electric bill is useful, providing significant savings.

Make & Model - Like many products, solar panels and mounting equipment are offered in a variety of makes and models. The system preferences of your selected installer can make it crucial to select a reputable installer. The use of better materials is probably will result in a more satisfactory long-term experience for buyers.

Solar Panel Type - For good reason why monocrystalline panels are now considered the industry standard. They come with a higher price but are more energy-efficient. The majority of solar panel installers use panels made of this material.

Your Property - No two properties or homes are identical. Trees, uneven landscapes, or additional hurdles can increase the difficulty of the installation. These days, the majority of solar installers can evaluate your home with satellite images and incorporate these elements in the preliminary cost estimate.

Labor Rates - Various wages are paid to employees by various companies, and these expenses are transferred to the consumers. It is often observed that companies with higher wages receive superior reviews for their services and customer service.

Permitting & Interconnection - Your final installation price will be influenced by the permitting and utility interconnection fees, which change by area. That said, experienced local installers will be able to build these numbers into your preliminary quotes so there are no surprises.

See what solar panels cost in other AR cities

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Who are the best solar installers in Greenbrier?

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • 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.
  • Reparation of solar arrays.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Monitoring of independent energy generation.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Auditing of energy requirements for 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

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

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Reparation of solar arrays.
  • 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.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Harvest Solar

Jackson, MI(888) 907-6527

Services

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

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

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

Greenbrier, AR Solar Panel Cost FAQs

  • As of October, 2024, the typical cost for solar panels in Greenbrier, AR is $3.3/W. In Greenbrier, AR, the cost of installing a 5 kW solar panel system is approximately $11,550 after applying the federal tax credit.

  • At present, there are 4 rebates and incentives available to Arkansas residents from various utility and government programs. Additionally, the vast majority qualify for the 30% federal tax credit.

  • Paying in cash provides the highest savings, but there are several financing options available today for solar panels that are also financially advantageous. Information about financing options is typically detailed in initial quotes provided by installers.

  • Yes, solar panels systems of 5 kW in Greenbrier, AR typically have a payback period of 7years, with expected savings on electricity costs of $22,503.6 over 20 years.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01