Solar Panels Cost $0k-$0k in Lawrence County, AR | November, 2024
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How much do solar panels cost in Lawrence County, AR in 2024?
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It is around $0 per watt to go solar in Lawrence County, AR in November, 2024.
Utilizing this rate, you can conclude that for every 1000 watts (1 kW) of solar generation capacounty will require an investment of $0 for installation. After deducting the 30% federal tax credit, a 5 kW system in Lawrence County generally costs $0. Subject to your electricity usage, your home could require a larger system.
On the left-hand side, you can select your county to view the average roof size and the maximum capacity for solar panels in residences in your area. Outlined below are 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.
Lawrence County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Lawrence 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.
Lawrence County: $37,752US Average: $16,169
Solar Potential in Lawrence County
Estimated system size and solar electricity production per median viable roof in Lawrence County.
Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 15.8kkWh AC per yr.
Electricity Costs in Lawrence County, AR & What that Means for Your Solar Panel Pricing
Across Lawrence County, the average electric bill for an energy consumer is 157.30, with a typical monthly usage of 1,284 kWh. This number also comprises data from smaller living spaces like apartments with reduced energy demand.This data set reflects the energy usage patterns of smaller dwellings, including apartments.
The average electricity rate in Lawrence County, AR in November 2024 is 12.25¢ per kWh.
Currently, an 11 kW solar panel installation will be priced at around $0 upfront, but the federal income tax credit will provide a 30% reimbursement, reducing the price to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Lawrence County
To the left below, you'll find the cost breakdown for various sizes of the solar panel systems installed in Lawrence County. When you select a larger solar system, the cost is higher, but it also leads to more significant electricity savings and a larger income tax credit.
In the solar panel cost calculator situated down and to the right, you can view a cost and benefit breakdown to match an average $157.30 electric bill in Lawrence County. Easily change the $157.30 to your regular electricity bill for more precise results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
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 4.87 tons a year
Equivalent to planting 223 trees a year
Equivalent to driving 12,044 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 5.56 tons a year
Equivalent to planting 255 trees a year
Equivalent to driving 13,765 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 $135
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 6.26 tons a year
Equivalent to planting 287 trees a year
Equivalent to driving 15,485 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 $150
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 6.95 tons a year
Equivalent to planting 319 trees a year
Equivalent to driving 17,206 mi less a year
System Size 11kW
Roof Size Min. space required
787 ft²
Electricity Value Annual Production $1,985 a year
Est. Price
$0
Savings from a 11kWthis system
Est. yearly production 16,543 kWh
Est. monthly savings $157
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
Lawrence County Solar Panel Installation Incentives & Rebates | 2024
If you run a small business or farm in a rural area, you could receive REAP Grant support that covers 80% to 100% of your solar or wind turbine installation costs. If you believe you might be eligible, we suggest using our REAP Grant eligibility tool to verify your qualification.
For those considering residential solar, the 30% federal income tax credit is available to almost all homeowners, which makes solar power a good investment in various parts of the country. Additionally, numerous state and local programs aim to further promote the adoption of solar power.
Arkansas residents have access to 4 solar rebate and incentive programs from multiple utilities and governmental agencies.
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 Lawrence County, AR?
If you're planning to stay in your home past the period required to pay back your solar investment, installing solar panels is a good decision in Lawrence County. Installing a 5 kW solar system in Lawrence County, AR will, on average, save you $37,752 over 20 years, and you can expect to break even in about 0 years.
The cost of not having solar panels in Lawrence County, AR
Without solar panels or another backup power source, you miss out on the savings highlighted previously and rely entirely on your electric utility for electricity. Recent media coverage has made it clear that relying solely on your utility isn't always the best idea.
In recent years, customers in Lawrence County have typically experienced 2.07 utility outages per year. Each outage, on average, lasts for 315.55 minutes. In the case of major events like high winds, grid management errors, or wildlife damage, this period can rise substantially.
View the component below to see the number of current electricity customers without power in Lawrence County.
Even without a backup battery, a solar panel system can reduce the pressure of future outages you may encounter.
Power Outages
Currently, 0 customers are being tracked in Lawrence County.
What impacts the cost of solar panels in Lawrence County, AR?
Your Energy Needs - Although the initial cost is higher, the cost per watt declines with larger solar panel systems. Homeowners often find that installing a solar system that can cover their entire electric bill is advantageous, ensuring maximum savings.
Make & Model - There are a range of makes and models of solar panels and mounting equipment. Selecting an installer with specific brand preferences means it's even more vital important to go with a highly rated company. The selection of better materials can substantially improve the long-term experience for buyers.
Solar Panel Type - It's clear why monocrystalline panels are now the go-to choice in the industry. Even though they are more expensive, they provide more energy. Many installers work with panels made from this material.
Your Property - Each home and property is unique in its own way. Uneven ground, trees, or additional challenges may complicate the installation. Today, the majority of solar installers can assess your home with satellite images and factor in these elements in the preliminary cost estimate.
Labor Rates - The costs related to the varying wages offered by companies to their employees are borne by the consumers. Frequently, businesses paying more in wages also enjoy higher ratings for their services and customer service.
Permitting & Interconnection - The fees for local permitting and utility interconnection, which vary by area, will affect the cost of your installation. Reliable local installers will integrate these figures into your first estimates to avoid any surprises.
See what solar panels cost in other Lawrence 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.
Lawrence County, AR Solar Panel Cost FAQs
As of November, 2024, the average cost for solar panels in Lawrence County, AR is $0/W. After federal tax credits, the installation of a 5 kW solar panel system in Lawrence County, AR is estimated to cost $0.
Utilities and government agencies in Arkansas are currently offering 4 different rebates and incentives. Furthermore, the majority of people qualify for the 30% federal tax credit.
Paying cash will result in the most savings, but currently there are multiple options for financing solar panels that make great money sense as well. Financing options from installers will often be specified in your initial quotes.
Yes, in Lawrence County, AR, 5 kW solar panel systems typically pay off in 0 years, and users save around $37,752 in electricity costs over 20 years.
Savings from 
Environmental Impacts 
