Solar Panels Cost $0k-$0k in Phillips County, AR | November, 2024
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How much do solar panels cost in Phillips County, AR in 2024?
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It costs, on average, $0 per watt to have solar installed in the month of November, 2024 in Phillips County, AR.
You should expect costs to be $0, on average, for every 1 kW (or 1000 watts) of solar energy your solar panel system will need to generate. Subtracting the 30% federal tax credit, a 5 kW solar panel install in Phillips County typically costs $0. However, it’s important to take into account that a higher capacity system may be needed to ensure your energy requirements are met.
Select your county from the menu on the left to find the average roof size and maximum solar panel system capacity for homes in your area. Displayed below is a breakdown of the price, 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.
Phillips County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Phillips 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.
Phillips County: $33,182US Average: $16,169
Solar Potential in Phillips County
Estimated system size and solar electricity production per median viable roof in Phillips County.
Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 15.8kkWh AC per yr.
Electricity Costs in Phillips County, AR & What that Means for Your Solar Panel Pricing
An energy consumer in Phillips County generally uses 1,099 kWh per month, leading to an average electric bill of 138.26. Bear in mind that this figure includes smaller residences including apartments, known for lower energy needs.
As of November 2024, the average rate for electricity per kWh in Phillips County, AR is 12.58¢.
Initially, a 9 kW solar system is priced at about $0, with the federal tax credit providing 30% back, reducing the price to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Phillips County
On your left, we have provided a detailed cost breakdown for the multiple solar panel system sizes installed in Phillips County. The larger the solar array, the larger the initial expense, but also the more considerable electricity savings and income tax credits you'll gain.
In the calculator provided to the right and below, you will find a breakdown of solar panel costs and benefits, calculated with an average $138.26 electric bill for Phillips County. Replace the $138.26 with your average electricity bill to get more detailed results.
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 4.28 tons a year
Equivalent to planting 197 trees a year
Equivalent to driving 10,603 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 5.14 tons a year
Equivalent to planting 236 trees a year
Equivalent to driving 12,724 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 tons a year
Equivalent to planting 275 trees a year
Equivalent to driving 14,844 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 6.85 tons a year
Equivalent to planting 315 trees a year
Equivalent to driving 16,965 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 $138
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
Phillips County Solar Panel Installation Incentives & Rebates | 2024
The REAP Grant currently offers between 80% and 100% coverage for the installation costs of solar or wind turbines for rural small businesses and farms. If you think you might be eligible, try our REAP Grant eligibility tool to verify your qualification.
The federal government offers a 30% tax credit for residential solar systems, making solar attractive and practical for a variety of homeowners. Additionally, numerous state and local programs aim to promote further adoption of solar energy.
Various utilities and government entities in Arkansas provide 4 solar rebate and incentive programs.
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 Phillips County, AR?
For those in Phillips County looking to stay in their homes past the payback period of their solar system, solar panels make good sense. Having a 5 kW solar system in Phillips County, AR can potentially save you around $33,182.4 over a span of 20 years, with an average break even point of 0 years.
The cost of not having solar panels in Phillips County, AR
Without solar panels or another backup power source, you miss out on the savings discussed previously and are entirely on your electric utility for electricity. Recent news examples have revealed that complete dependence on your utility provider isn't always the most favorable condition.
Annually, customers in Phillips County experience about 1.05 outages. On average, the length of an outage is 187.46 minutes. Major events like winter storms, wildlife damage, or overloaded power grids can cause these durations to rise considerably.
View the info below to see the number of current electricity customers without power in Phillips County.
A solar panel system, whether or not it has a backup battery, could help reduce the impact of future outages you might experience.
Power Outages
Currently, 0 customers are being tracked in Phillips County.
What impacts the cost of solar panels in Phillips County, AR?
Your Energy Needs - Even if the initial expense is greater, the price per watt decreases with larger solar panel systems. Individuals often discover that setting up a solar system that can offset their entire electric bill is advantageous, ensuring optimal savings.
Make & Model - Just like any other product, solar panels are available in a wide variety of makes and models. Considering the system preferences that your installer may have, it's important to select a reputable contractor. For a superior long-term experience, buyers should consider better quality models.
Solar Panel Type - For good reasons, monocrystalline panels have become the industry standard. They come with a higher price, but they generate more energy. Many solar panel installers choose this material.
Your Property - Each property and home has its own characteristics. Factors such as trees, sloped land, or additional considerations can make the installation more challenging. Nowadays, most solar installers can assess your home with satellite images and incorporate these considerations in the first cost estimate.
Labor Rates - The costs connected to the varying wages offered by companies to their employees are passed on to the consumers. Companies that invest in higher wages usually see higher reviews for their work and customer service.
Permitting & Interconnection - Permitting and utility interconnection fees change locally and will impact your installation cost. Good installers will factor these costs into your preliminary quotes to prevent unexpected expenses.
See what solar panels cost in other Phillips 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.
Phillips County, AR Solar Panel Cost FAQs
As of November, 2024, the average per-watt cost for solar panels in Phillips County, AR is $0/W. With the federal tax credit, the cost of a 5 kW solar panel system in Phillips County, AR drops to roughly $0.
As of now, there are 4 rebates and incentives offered by various utilities and government entities in Arkansas. Additionally, the vast majority qualify for the 30% federal tax credit.
Even though paying cash yields the most savings, there are now several financing options for solar panels that also are financially sensible. Installers often have partnerships with financing companies and will include this information in your initial quotes.
Yes, the typical payback time for 5 kW solar panel systems in Phillips County, AR is 0 years, and the expected electricity cost savings over 20 years is $33,182.4.
Savings from 
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