Solar Panels Cost $0k-$0k in Hempstead County, AR | November, 2024
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How much do solar panels cost in Hempstead County, AR in 2024?
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To go solar is about $0/W in Hempstead County, AR in November, 2024.
Stemming from this price per watt, you are able to come to the conclusion that for every 1000 watts (1 kW) your solar system can produce you will need to spend $0 to have your panels installed. Typically, the price of a 5 kW solar installation in Hempstead County, after you subtract 30% federal tax credit, is around $0. Your energy needs could need a larger system.
To your left, you have the option to choose your county and determine the average roof size along with the average maximum capacity for solar panel installations on homes in your area. Shown below is an outline of the price, 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.
Hempstead County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Hempstead 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.
Hempstead County: $31,498US Average: $16,169
Solar Potential in Hempstead County
Estimated system size and solar electricity production per median viable roof in Hempstead County.
Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 15.8kkWh AC per yr.
Electricity Costs in Hempstead County, AR & What that Means for Your Solar Panel Pricing
Energy consumers in Hempstead County typically pay 131.24 per month for electricity, consuming an typical of 1,139 kWh. Note that the energy usage for apartments and smaller residences is covered in this number.
The average rate for electricity in Hempstead County, AR in November, 2024 is 11.52¢ per kWh.
Upfront, a 10 kW solar system is around $0, with the federal income tax credit giving you 30% back, lowering the cost to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Hempstead County
To the left, we have displayed a thorough price breakdown for multiple solar panel system sizes set up in Hempstead County. The bigger the solar array, the higher the initial expense, but also the more substantial electricity savings and income tax credits you'll get.
The calculator down and to the right provides a detailed summary of solar panel costs and benefits, based on an average electric bill of $131.24 in Hempstead County. Adjust the $131.24 to your typical electricity bill payment for more accurate results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,083 a year
Est. Price
$0
Savings from a 6kWthis system
Est. yearly production 9,023 kWh
Est. monthly savings $90
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 10 tons a year
Equivalent to planting 459 trees a year
Equivalent to driving 24,752 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,263 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,527 kWh
Est. monthly savings $105
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 11.67 tons a year
Equivalent to planting 536 trees a year
Equivalent to driving 28,877 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,444 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 12,031 kWh
Est. monthly savings $120
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 13.33 tons a year
Equivalent to planting 612 trees a year
Equivalent to driving 33,002 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,624 a year
Est. Price
$0
Savings from a 9kWthis system
Est. yearly production 13,535 kWh
Est. monthly savings $131
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 14.52 tons a year
Equivalent to planting 667 trees a year
Equivalent to driving 35,934 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,805 a year
Est. Price
$0
Savings from a 10kWthis system
Est. yearly production 15,039 kWh
Est. monthly savings $131
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 14.52 tons a year
Equivalent to planting 667 trees a year
Equivalent to driving 35,934 mi less a year
Hempstead County Solar Panel Installation Incentives & Rebates | 2024
The REAP Grant can potentially cover between 80% and 100% of the installation costs for solar or wind turbines for rural small businesses and farmlands. Not sure if you qualify? Use our REAP Grant eligibility tool to verify.
The federal government offers a 30% tax credit for residential solar systems, which makes solar appealing and sensible for a wide range of homeowners. A variety of state and local programs are in place to support the use of solar energy.
Residents of Arkansas can access 4 solar rebate and incentive programs from a variety of utilities and governmental bodies.
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 Hempstead County, AR?
If you intend to own your residence longer than the solar system's payback period, solar panels are a good investment in Hempstead County. A 5 kW solar system in Hempstead County, AR might save you an average of $31,497.6 over 20 years, with the break even point generally being 0 years.
The cost of not having solar panels in Hempstead County, AR
Besides missing out on the savings highlighted earlier, not installing solar panels or an alternative backup energy source results in you being fully reliant on your electric utility for electricity. As illustrated by recent news stories, complete dependence on your utility company isn't always the best scenario.
In recent times, utilities in Hempstead County have averaged an average of 1.46 outages per customer annually. Usually, outages have an average duration of 209.55 minutes. However, during critical events like grid management errors, heavy rain and flooding or planned maintenance, these times can extend dramatically.
Take a look at the graphic below to see the number of current electricity customers without power in Hempstead County.
Owning a solar panel system, irrespective of a backup battery, could reduce the strain of any future outages you may encounter.
Power Outages
Currently, 0 customers are being tracked in Hempstead County.
What impacts the cost of solar panels in Hempstead County, AR?
Your Energy Needs - With larger solar panel systems, the cost per watt decreases, despite the higher upfront expense. It is often useful for consumers to install a solar system that can generate enough electricity to fully cover their electric bill, which results in substantial savings.
Make & Model - Just like many products, solar panels are available in a range of makes and models. The system preferences of your chosen installer can make it crucial to select a recommended installer. Opting for better quality makes and models can yield a significantly improved long-term experience for the buyer.
Solar Panel Type - It's easy to see why monocrystalline panels are now the preferred option in the industry. These panels cost more but produce a higher energy efficiency. Many installers in the industry use panels crafted of this material.
Your Property - Uneven ground, trees, or other barriers can increase the difficulty of the installation. Solar installers today typically use satellite imagery to evaluate your home and include these factors into the first cost estimate.
Labor Rates - Companies provide different pay rates to their employees, which are then reflected in the prices consumers pay. It is common for businesses that offer higher wages to get better reviews for their services and customer service.
Permitting & Interconnection - Installation costs will be impacted by regularly changing local permitting and utility interconnection fees, depending on the region. Good installers will factor these costs into your preliminary quotes to prevent unexpected expenses.
See what solar panels cost in other Hempstead 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.
Hempstead County, AR Solar Panel Cost FAQs
As of November, 2024, the average solar panel installation cost in Hempstead County, AR has reached $0/W. A 5 kW solar panel system will cost you around $0 in Hempstead County, AR after the federal tax credit is applied.
Utilities and government agencies in Arkansas are currently offering 4 different rebates and incentives. On top of that, most individuals are eligible for the 30% federal income tax credit.
Paying cash will ensure the most savings, but these days there are multiple options for financing solar panels that are financially sensible as well. Your preliminary quotes will usually detail financing options available through installers.
Yes, the average 5 kW solar panel payback time in Hempstead County, AR is 0 years, with expected savings of $31,497.6 on electricity over 20 years.
Savings from 
Environmental Impacts 
