Solar Panels Cost $0k-$0k in Pike County, AR | November, 2024
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How much do solar panels cost in Pike County, AR in 2024?
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The typical cost per watt for solar in Pike County, AR in November, 2024 is $0/W.
Based on this price, we can come to the conclusion that for every 1 kW (1000 watts) of solar power capacounty will cost you $0 for installation. When you consider the 30% federal tax credit, a 5 kW system in Pike County will set you back $0. Please keep in mind that a larger system could be necessary to fulfill your energy needs.
To your left, you have the option to select your county and access information on the typical roof size along with the average maximum capacity for solar panel installations on homes in your area. Below, you can see a complete analysis 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.
Pike County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Pike 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.
Pike County: $30,166US Average: $16,169
Solar Potential in Pike County
Estimated system size and solar electricity production per median viable roof in Pike County.
Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 15.8kkWh AC per yr.
Electricity Costs in Pike County, AR & What that Means for Your Solar Panel Pricing
The typical energy consumer in Pike County has a monthly electric bill of 125.69 and uses 969 kWh on average. These statistics also include apartments and smaller homes with generally lower energy needs.
The rate of electricity in Pike County, AR, averaging, is 12.97¢ per kWh for November 2024.
Upfront, an 8 kW solar system will cost around $0, after a 30% federal tax credit, the price drops to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Pike County
Displayed below and to the left is the cost analysis for multiple sizes of the solar panel systems set up in Pike County. Bigger solar installations carry a larger expense, yet they also offer higher electricity savings and larger income tax credits.
The solar panel cost and benefit breakdown, visible in the calculator to the right and below, is based on an average electric bill of $125.69 in Pike County. Modify the $125.69 to your usual bill payment for more accurate results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $782 a year
Est. Price
$0
Savings from a 4kWthis system
Est. yearly production 6,016 kWh
Est. monthly savings $65
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 2.71 tons a year
Equivalent to planting 125 trees a year
Equivalent to driving 6,720 mi less a year
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 3.39 tons a year
Equivalent to planting 156 trees a year
Equivalent to driving 8,399 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 4.07 tons a year
Equivalent to planting 187 trees a year
Equivalent to driving 10,079 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 4.75 tons a year
Equivalent to planting 218 trees a year
Equivalent to driving 11,759 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 $126
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 5.25 tons a year
Equivalent to planting 241 trees a year
Equivalent to driving 12,992 mi less a year
Pike County Solar Panel Installation Incentives & Rebates | 2024
For rural small businesses and agricultural properties, the REAP Grant could provide funding that covers between 80% and 100% of the necessary expenses for installing renewable energy systems. Believe you might be eligible? Use our REAP Grant eligibility tool to confirm your eligibility.
The 30% federal income tax credit for residential solar is accessible to almost all homeowners, making solar energy a good choice in numerous regions across the country. State and local governments have various programs to promote the switch to solar energy.
A total of 4 solar rebates and incentives are available in Arkansas through multiple utility companies and government organizations.
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 Pike County, AR?
If your intention is to stay in your home beyond the solar payback period, choosing solar panels is a smart option in Pike County. With a 5 kW solar system in Pike County, AR, the average savings over a 20 period is $30,165.6, with break even generally occurring at 0 years.
The cost of not having solar panels in Pike County, AR
The absence of solar panels or an alternative energy backup means that you forgo the savings noted earlier and depend on your electric utility for electricity. Many recent news articles have revealed that complete dependence on your utility isn't always the best option.
Each year, utility customers in Pike County have faced an average of 1.76 outages per year. Each outage, on average, lasts for 276.81 minutes. In the case of major events like earthquakes, vandalism, or aging infrastructure, this period can rise substantially.
Take a look at the component below to see the number of current electricity customers without power in Pike County.
Whether it comes with a backup battery or not, a solar panel system could alleviate the strain of any future power interruptions you may encounter.
Power Outages
Currently, 0 customers are being tracked in Pike County.
What impacts the cost of solar panels in Pike County, AR?
Your Energy Needs - Larger solar panel systems have a higher upfront cost, but the cost per watt diminishes. Most consumers see the usefulness in setting up a solar setup that can generate enough power to cover their entire electric bill, leading to significant savings.
Make & Model - Solar panels and mounting equipment, like many other products, are available in different makes and models. The installer you choose may have specific brand preferences, so it's crucial to choose a reputable installer. To ensure a better long-term experience, buyers should consider higher quality models.
Solar Panel Type - The industry standard is now monocrystalline panels, and rightly so. Even with a higher cost, this technology produce more energy. The majority of installers opt for panels crafted using this material.
Your Property - Uneven land, trees, or additional hindrances can make the installation process more challenging. Nowadays, many solar installers can leverage satellite imagery to assess your home and include these aspects into the initial cost estimate.
Labor Rates - The different wages that companies offer their employees result in costs that are ultimately passed on to consumers. Higher wages often lead to companies getting better reviews for their services and customer service.
Permitting & Interconnection - Local permitting and utility interconnection fees, which change by area, will influence your installation cost. Reputable local installers will include these figures in your initial estimates to provide transparency.
See what solar panels cost in other Pike 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.
Pike County, AR Solar Panel Cost FAQs
The cost per watt for solar panels in Pike County, AR during November of 2024 averages $0/W. The cost of installing a 5 kW solar panel system in Pike County, AR is about $0post federal tax credit.
At present, there are 4 rebates and incentives available to Arkansas residents from various utility and government programs. In addition, nearly all people are eligible for the 30%federal tax credit.
Paying cash will lead to the most savings, but these days there are several options for financing solar panels that make great money sense as well. Your initial quotes will often contain information about financing options provided by installers.
Yes, on average, the return on investment for 5 kW solar panel systems in Pike County, AR is achieved in 0 years, with electricity savings amounting to $30,165.6 over 20 years.
Savings from 
Environmental Impacts 
