Arkansas Solar Panels For Home

The average cost for an installed residential solar system in arkansas is currently 11 677 after claiming the 26 federal solar tax credit.

Arkansas solar panels for home.

This is higher than the average price of residential solar power systems across the united states which is currently 2 53 per watt. Solar panel cost in arkansas. Whether you purchase a full size system or a smaller one you ll barely break even after 25 years. As of sep 2020 the average cost of solar panels in arkansas is 2 63 per watt making a typical 6000 watt 6 kw solar system 11 677 after claiming the 26 federal solar tax credit now available.

Utilities give residential solar three year grace period and 20 year grandfather clause. Net metered systems can be up to 25 kw large for home solar in arkansas. Arkansas passed act 464 which will allow the utilities to credit wholesale rates for power supplied to the grid by residential solar during the day. Although arkansas does not have a renewable portfolio standard rps it is developing policies and offering rebates as it progresses toward a greener energy standard.

Solar panel cost data arkansas 2020. In 2019 arkansas has 144 28 mws of solar capacity installed enough to power more than 17 000 homes. Then charge full retail rates for the power used by solar homeowners at night. Say goodbye to your energy billno money down100 financingreceive up to 26 000 in tax credits schedule your free consultation today call text or email 501 263 8489 info arkansassolarpanels com request a consultation.

Arkansas is one of the few states where paying for solar panels with loan funds is not profitable. In 2019 the arkansas legislature also allowed solar leasing to be available opening up more options for you to go solar. Sadly in this situation only the wealthy can get wealthier. That s about 80 panels way more than enough to cover your electricity needs even if you re housing a few families and several wandering souls.