Solar Panels Cost $0k-$0k in Randolph County, AR | November, 2024
High Power Bills?
Reduce or replace your electricity bill with solar
No data available
How much do solar panels cost in Randolph County, AR in 2024?
No data available
You'll pay $0/W in Randolph County, AR in the month of November, 2024 to get solar installed.
Said another way, for every 1000 watts (or 1 Kw) your system can generate you will spend $0 to get your system installed in . When you subtract the 30% federal tax credit, you will spend around $0 for a 5 kW solar installation in Randolph County. However, it’s important to note that a more powerful system may be necessary to fulfill your energy requirements.
Use the menu on the left to pick your county and determine the average roof size and the average maximum capacity for residential solar on residences in your area. Below, you can see an overview 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.
Randolph County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Randolph 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.
Randolph County: $29,338US Average: $16,169
Solar Potential in Randolph County
Estimated system size and solar electricity production per median viable roof in Randolph County.
Roof size 912sq. ft.
Capacity 12.75kW DC
Electricity 15.8kkWh AC per yr.
Electricity Costs in Randolph County, AR & What that Means for Your Solar Panel Pricing
The standard kWh usage for a Randolph County resident is 900 monthly, with an average electric bill of 122.24. Please note that the energy consumption for apartments and other smaller living spaces is encompassed in this figure.
The average electricity rate in Randolph County, AR in November 2024 is 13.58¢ per kWh.
At this time, an 8 kW solar panel installation will cost you roughly $0at first, but thanks to the 30% federal tax credit, you get a 30% reimbursement, bringing the cost down to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Randolph County
On the left side below, the pricing details for various sizes of the solar panel systems installed in Randolph County can be seen. While a bigger solar installation comes with a larger expense, it also provides higher electricity savings and larger income tax credits.
Using the solar panel cost calculator located to the right and below, you can view a detailed cost and benefit analysis based on an average electric bill of $122.24 in Randolph County. If you seek more personalized results, just adjust the $122.24 to whichever your usual electricity bill is.
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 $842 a year
Est. Price
$0
Savings from a 4kWthis system
Est. yearly production 6,016 kWh
Est. monthly savings $70
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 4.17 tons a year
Equivalent to planting 192 trees a year
Equivalent to driving 10,333 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,053 a year
Est. Price
$0
Savings from a 5kWthis system
Est. yearly production 7,519 kWh
Est. monthly savings $88
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 5.22 tons a year
Equivalent to planting 240 trees a year
Equivalent to driving 12,916 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,263 a year
Est. Price
$0
Savings from a 6kWthis system
Est. yearly production 9,023 kWh
Est. monthly savings $105
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 6.26 tons a year
Equivalent to planting 288 trees a year
Equivalent to driving 15,499 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,474 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,527 kWh
Est. monthly savings $122
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
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,684 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 12,031 kWh
Est. monthly savings $122
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
Randolph County Solar Panel Installation Incentives & Rebates | 2024
Eligible rural small businesses and farms might have their solar or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. Not sure if you qualify? Use our REAP Grant eligibility tool to verify.
For those considering residential solar options, a 30% federal income tax credit is broadly available, boosting the appeal and practicality of solar energy in numerous areas in the nation. Together with federal efforts, state and local programs help to support the use of solar power.
Several utilities and government organizations in Arkansas currently offer 4 solar rebates and incentives.
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 Randolph County, AR?
If your intention is to stay in your home beyond the solar payback period, choosing solar panels is a smart option in Randolph County. A 5 kW system in Randolph County, AR will help you save you, on average, $29,337.6 over a 20 period and the average break even point is 0 years.
The cost of not having solar panels in Randolph County, AR
In addition to missing out on the previously mentioned savings, not having solar panels or a separate backup energy source makes you fully reliant on your electric utility for electricity. As shown by recent news, total dependence on your utility isn't always ideal.
On a yearly basis, the average number of outages per customer in Randolph County has been 2.07. On average, each outage lasts for 315.55 minutes. Major events like grid management errors, winter storms or wildlife damage can considerably extend these durations.
See the graphic below to see the number of current electricity customers without power in Randolph County.
A solar panel system, with or without a backup battery or not, could help lessen the impact of future power outages you might encounter.
Power Outages
Currently, 0 customers are being tracked in Randolph County.
What impacts the cost of solar panels in Randolph County, AR?
Your Energy Needs - While the upfront cost is larger, the price per watt decreases with larger solar panel systems. Most consumers see the benefit in setting up a solar setup that can generate enough power to cover their entire electric bill, ensuring significant savings.
Make & Model - There are numerous brands and models of solar panels. Selecting an installer with certain brand preferences means it is even more important essential to go with a highly rated contractor. Selecting better quality equipment usually yields a more favorable long-term experience for the buyer.
Solar Panel Type - It's understandable that monocrystalline panels are now the standard in the industry. These panels have a higher cost but generate more energy. Most installers in the industry use panels constructed of this material.
Your Property - No two homes or properties are the same. Elements like trees, uneven landscapes, or additional considerations might complicate the installation process. Solar installers today have the ability to use satellite images to evaluate your home and incorporate these factors in the preliminary cost estimate.
Labor Rates - Companies provide varying pay rates to their employees, which are then reflected in the prices consumers pay. Often, businesses paying more in wages additionally enjoy higher ratings for their services and customer service.
Permitting & Interconnection - Your final installation cost will be affected by local permitting and utility interconnection fees, which change by area. Quality local installers will include these numbers into your first quotes to prevent any surprises.
See what solar panels cost in other Randolph 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.
Randolph County, AR Solar Panel Cost FAQs
The average solar panel cost in Randolph County, AR as of November, 2024 is estimated at $0/W. With the federal tax credit, the cost of a 5 kW solar panel system in Randolph County, AR drops to roughly $0.
Currently, Arkansas residents can benefit from 4 rebates and incentives available through various utilities and government bodies. Additionally, the vast majority qualify for the 30% federal tax credit.
Paying cash offers the most savings, yet there are many financing options available today for solar panels that are also beneficial. Initial quotes from installers will frequently contain information about available financing options.
Yes, the typical payback time for 5 kW solar panel systems in Randolph County, AR is 0 years, and the expected electricity cost savings over 20 years is $29,337.6.