Solar Panels Cost $0k-$0k in Nevada County, AR | November, 2024
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How much do solar panels cost in Nevada County, AR in 2024?
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To get solar installed in Nevada County, AR in November, 2024 averages out to $0/W.
Using the cost per watt, we can come to the conclusion that for every 1000 watts (1 kW) of solar power capacounty will require an investment of $0 for installation. In Nevada County, when you consider the 30% federal income tax credit, a 5 kW solar system will require you to pay $0. It's worth noting that a larger system could be needed to ensure your energy needs are met.
To your left, you have the option to choose your county and find the average roof size along with the average maximum capacity for solar panel installations on homes in your area. Displayed below is a breakdown of 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.
Nevada County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Nevada 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.
Nevada County: $32,040US Average: $16,169
Solar Potential in Nevada County
Estimated system size and solar electricity production per median viable roof in Nevada County.
Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 15.8kkWh AC per yr.
Electricity Costs in Nevada County, AR & What that Means for Your Solar Panel Pricing
Nevada County residents generally have an average monthly electric bill of 133.50 per month, with an average consumption of 1,030 kWh. Apartments and small homes with less energy consumption are reflected in this number.
For November 2024, the average electricity rate in Nevada County, AR amounts to 12.96¢ per kWh.
The installation of a a 9 kW solar installation will cost around $0 upfront, but with the federal income tax credit, you can get 30% back, reducing the cost to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Nevada County
Displayed on the left and below is the price breakdown for various sizes of the solar panel systems set up in Nevada County. A more extensive solar array will naturally cost more, but it will also yield higher electricity savings and increased income tax credits.
Check a cost benefit analysis in the solar panel cost calculator down and to the right, for an average electric bill of $133.50 in Nevada County. For personalized results, update the $133.50 to whichever your usual 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 4.41 tons a year
Equivalent to planting 203 trees a year
Equivalent to driving 10,919 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 5.29 tons a year
Equivalent to planting 243 trees a year
Equivalent to driving 13,103 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 6.18 tons a year
Equivalent to planting 284 trees a year
Equivalent to driving 15,287 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 7.06 tons a year
Equivalent to planting 324 trees a year
Equivalent to driving 17,471 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 $134
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
Nevada County Solar Panel Installation Incentives & Rebates | 2024
The financial burden of installing photovoltaic or wind turbines for rural farmlands and small businesses could be eased with the REAP Grant, covering 80% to 100% of the costs. Wondering if you fit this category? Verify your eligibility with our REAP Grant eligibility tool.
With the 30% federal income tax credit, almost everyone can benefit from residential solar, which makes it a logical option in many regions in the United States. Together with federal efforts, state and local programs help to encourage the use of solar power.
Arkansas provides 4 solar rebates and incentives from multiple utility companies and government 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 Nevada County, AR?
When you expect to live in your home beyond the payback period of your solar system, solar panels are an excellent choice in Nevada County. Over a 20 year time frame, a 5 kW solar system in Nevada County, AR could save you approximately $32,040, with the average break even time being 0 years.
The cost of not having solar panels in Nevada County, AR
The absence of solar panels or another backup power source results in missing out on the aforementioned savings and full dependence on your electric utility for power. Several recent examples in the news have shown that full reliance on your utility company is not always ideal.
Lately, Nevada County has seen an average of 1.52 utility outages per customer each year. On average, the length of an outage is 262.94 minutes. Major events like overloaded power grids, thunderstorms or planned maintenance can cause these durations to rise considerably.
See the component below to see the number of current electricity customers without power in Nevada County.
A solar energy system, whether it includes a backup battery or not, could help relieve the burden of future power outages you may encounter.
Power Outages
Currently, 0 customers are being tracked in Nevada County.
What impacts the cost of solar panels in Nevada County, AR?
Your Energy Needs - The price per watt decreases with larger solar panel systems, even though the upfront cost is greater. Most homeowners see the advantage in installing a solar setup that can generate enough power to replace their entire electric bill, ensuring significant savings.
Make & Model - Solar panels and mounting equipment are offered in a wide variety of makes and models. The brand preferences of your chosen installer can make it essential to choose a reputable company. Selecting superior quality models generally provides a more favorable long-term experience for the buyer.
Solar Panel Type - It's clear why monocrystalline panels are now the go-to choice in the industry. Although they are costlier, they generate increased energy. Many installers use panels constructed of this material.
Your Property - Uneven land, trees, or other challenges can increase the complexity of the installation. Nowadays, satellite images allow many solar installers to assess your home and incorporate these elements into the first cost estimate.
Labor Rates - The wages that companies offer their employees are different, and these expenses are ultimately reflected in consumer prices. It is common for businesses that provide higher wages to receive better reviews for their services and customer service.
Permitting & Interconnection - The cost of installation will vary depending on local permitting and utility interconnection fees. Quality installers will factor these costs into your preliminary quotes to prevent unexpected expenses.
See what solar panels cost in other Nevada County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Nevada 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.
Nevada County, AR Solar Panel Cost FAQs
The cost per watt for solar panels in Nevada County, AR during November of 2024 averages $0/W. The installation of a 5 kW solar panel system in Nevada County, AR will cost about $0 after federal tax credits.
Utilities and government agencies in Arkansas are currently offering 4 different rebates and incentives. Additionally, the vast majority qualify for the 30% federal tax credit.
Paying cash offers the most savings, but there are now multiple financing options for solar panels that are also advantageous. Information about financing options will often be included in your preliminary quotes by many installers.
Yes, on average, 5 kW solar panels in Nevada County, AR pay for themselves in 0 years, with homeowners saving approximately $32,040 on electricity over 20 years.
Savings from 
Environmental Impacts 
