Solar Panels Cost $13k-$22k in Lonoke County, AR | November, 2024
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How much do solar panels cost in Lonoke County, AR in 2024?
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On average, in Lonoke County, AR in the month of November, 2024, the cost per each watt of solar is $3.24/W.
Using the price per watt, we are able to come to the conclusion that for every 1 kW (1000 watts) of solar generation capacounty will cost you $3,240 for installation. In Lonoke County, when you subtract the 30% federal income tax credit, a 5 kW system will cost you $11,340. However, it’s vital to realize that a more powerful system could be essential to fully meet your energy requirements.
Choose your county from the menu on the left to view the typical roof size and maximum solar panel capacity for homes in your area. Displayed below is a summary of the costs, 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.
Lonoke County: $11,340US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Lonoke County: 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.
Lonoke County: $17,779US Average: $16,169
Solar Potential in Lonoke County
Estimated system size and solar electricity production per median viable roof in Lonoke County.
Roof size 769sq. ft.
Capacity 10.75kW DC
Electricity 13.7kkWh AC per yr.
Electricity Costs in Lonoke County, AR & What that Means for Your Solar Panel Pricing
In Lonoke County, the typical electric bill for an electricity user is 141.58, with a typical monthly usage of 1,143 kWh. This data also encompasses the energy consumption patterns of smaller residences, such as apartments.
The average electricity rate in Lonoke County, AR in November 2024 is 12.38¢ per kWh.
Currently, a 10 kW solar panel installation will be priced at around $32,400 upfront, but the federal tax credit will give you back 30%, reducing the price to $22,680.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Lonoke County
On the left side, you'll see a full pricing details of the various sizes of solar panel systems installed in Lonoke County. The initial cost for more extensive solar systems is greater, but they also offer greater electricity savings and larger income tax credits.
In the calculator provided below and to the right, you will find a breakdown of solar panel costs and benefits, calculated with an average $141.58 electric bill for Lonoke County. To get results more personalized, modify the $141.58 to align with your typical electricity bill.
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
$13,608
Savings from a 6kWthis system
Est. yearly production 9,023 kWh
Est. monthly savings $90
Full payback in 8 years
Environmental Impacts
Reduces CO2 emissions by 4.61 tons a year
Equivalent to planting 212 trees a year
Equivalent to driving 11,414 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,263 a year
Est. Price
$15,876
Savings from a 7kWthis system
Est. yearly production 10,527 kWh
Est. monthly savings $105
Full payback in 9 years
Environmental Impacts
Reduces CO2 emissions by 5.38 tons a year
Equivalent to planting 247 trees a year
Equivalent to driving 13,316 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,444 a year
Est. Price
$18,144
Savings from a 8kWthis system
Est. yearly production 12,031 kWh
Est. monthly savings $120
Full payback in 11 years
Environmental Impacts
Reduces CO2 emissions by 6.15 tons a year
Equivalent to planting 282 trees a year
Equivalent to driving 15,219 mi less a year
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,624 a year
Est. Price
$20,412
Savings from a 9kWthis system
Est. yearly production 13,535 kWh
Est. monthly savings $135
Full payback in 12 years
Environmental Impacts
Reduces CO2 emissions by 6.92 tons a year
Equivalent to planting 318 trees a year
Equivalent to driving 17,121 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,805 a year
Est. Price
$22,680
Savings from a 10kWthis system
Est. yearly production 15,039 kWh
Est. monthly savings $142
Full payback in 13 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
Lonoke County Solar Panel Installation Incentives & Rebates | 2024
For rural small businesses and farms, the REAP Grant could provide funding that covers between 80% and 100% of the necessary expenses for installing renewable energy systems. Believe you fit this category? Confirm your qualification with our REAP Grant eligibility tool.
For residential solar projects, nearly all people are eligible for the 30% federal income tax credit, which makes solar a sensible solution in many parts of the country. Alongside federal efforts, state and local programs help to support the use of solar power.
Residents of Arkansas can access 4 solar rebate and incentive programs from a number 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 Lonoke County, AR?
If you expect to own your residence longer than the solar system's payback period, solar panels are a wise investment in Lonoke County. Having a 5 kW solar system in Lonoke County, AR can potentially save you roughly $22,639.2 over a span of 20 years, with an average break even point of 7 years.
The cost of not having solar panels in Lonoke County, AR
Apart from missing out on the savings highlighted above, the absence of solar panels or an alternative backup energy solution leads to total dependency on your electric utility for power. Complete dependence on your utility isn't always the best idea, as numerous recent news reports have illustrated.
In recent years, the utilities in Lonoke County have had about 1.65 outages per customer each year. On average, each outage lasts for 239.47 minutes. Major events like equipment failure, thunderstorms or planned maintenance can considerably extend these durations.
See the graphic below to see the number of current electricity customers without power in Lonoke County.
A solar panel system could lessen the burden of future outages, even if it lacks a backup battery.
Power Outages
Currently, 0 customers are being tracked in Lonoke County.
What impacts the cost of solar panels in Lonoke County, AR?
Your Energy Needs - Even if the initial expense is larger, the price per watt declines with larger solar panel systems. Consumers often realize that setting up a solar system to fully cover their electric bill is a good move, resulting in the most savings.
Make & Model - Like other items, solar panels are available in a range of makes and models. The potential system preferences of your selected installer make it crucial to pick a highly rated company. For consumers seeking a superior long-term experience, opting for better quality equipment is essential.
Solar Panel Type - For many good reasons, monocrystalline panels are now the industry standard. Although they are costlier, they generate increased energy. The majority of installers utilize panels made of this material.
Your Property - Every home and property differs in its own way. Challenges like sloping terrain, trees, or additional hindrances can increase the difficulty of installing solar panels. Using satellite imagery, solar installers can today assess your home and integrate these elements into the first cost estimate.
Labor Rates - The pay employees get from their employers vary, and these expenses are passed on to the consumers. Businesses paying more to their employees frequently get higher reviews for their work and customer service.
Permitting & Interconnection - Depending on the area, local permitting and utility interconnection fees will impact the cost of your installation. Quality installers will factor these costs into your preliminary quotes to prevent unexpected expenses.
See what solar panels cost in other Lonoke 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.
Lonoke County, AR Solar Panel Cost FAQs
The average solar panel cost in Lonoke County, AR as of November, 2024 is estimated at $3.24/W. A 5 kW solar panel system will cost you around $11,340 in Lonoke County, AR after the federal tax credit is applied.
Arkansas offers 4 different rebates and incentives from a range of utilities and government organizations. Also, nearly everyone can take advantage of the 30% federal tax credit.
While cash payments provide the most savings, there are now many financing options for solar panels that are also cost-effective. Information about financing options will often be detailed in your preliminary quotes by many installers.
Yes, the average 5 kW solar panel payback time in Lonoke County, AR is 7 years, with expected savings of $22,639.2 on electricity over 20 years.
Savings from 
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