The cost of solar panels in Faulkner County, AR

Updated Dec 15, 2023

  • You'll pay an average of $14,267 to install a 5 kilowatt solar panel system in Faulkner County, AR, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

  • With EnergySage's competitive marketplace, you can expect to see prices up to 20% lower than if you work with a single company.

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Written by: Emily Walker

As of December 2023, the average solar panel system costs $2.85/W including installation in Faulkner County, AR. For a 5 kW installation, this comes out to about $14,267 before incentives, though prices range from $12,127 to $16,407. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Faulkner County, AR

Good Price
$12,127 or less
Market Average
$14,267
High Price
$16,407 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Faulkner County, AR state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $14,267 in Faulkner County, AR, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Faulkner County, AR

System Size
System Cost
System Cost (after ITC)
3 kW$8,560$5,992
4 kW$11,413$7,989
5 kW$14,267$9,987
6 kW$17,120$11,984
7 kW$19,973$13,981
8 kW$22,827$15,979
9 kW$25,680$17,976
10 kW$28,533$19,973

Are solar panels worth it in Faulkner County, AR?

Solar panels are worth it in most areas, including Faulkner County, AR. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $22,045 over 20 years on electricity costs with a 5 kW system in Faulkner County, AR. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

Payback Period
12.13 Years
20-Year Savings
$22,045
Cost-per-Watt
$2.85

If you can't shell out $14,267 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Find out what solar panels cost in your area in 2023
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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in AR, here are some popular suggestions:

  • Perihelion Solar
    Russellville, AR
    Established 2018
    Elite Installer
    As a company, Perihelion Solar has over 50 years of engineering experience, with the goal of bringing your home a...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    22 Reviews

    As a company, Perihelion Solar has over 50 years of engineering experience, with the goal of bringing your home a...
  • PowerSync Solar LLC
    Multi-state
    Established 2018
    Advanced Installer
    -At Power Sync Solar, we like to get personal. We maintain a relationship with our customers after installation s...
    Advanced Installer
    Screened & Verified
    5.0 /5.0
    8 Reviews

    -At Power Sync Solar, we like to get personal. We maintain a relationship with our customers after installation s...
  • My Roof Solar
    Multi-state
    Established 2018
    Advanced Installer
    Customer service and the delivery of high-quality work at an affordable price are core principles at My Roof Sola...
    Advanced Installer
    Screened & Verified
    4.5 /5.0
    13 Reviews

    Customer service and the delivery of high-quality work at an affordable price are core principles at My Roof Sola...
  • Arkansas Energy Ventures, LLC
    Little Rock, AR
    Established 2017
    Approved Installer
    The reason that make us different from most installer are the 5 fundamental pillars of this company :
    1. Productio...
    Approved Installer
    Screened & Verified
    5.0 /5.0
    5 Reviews

    The reason that make us different from most installer are the 5 fundamental pillars of this company :
    1. Productio...
  • Solar Pros
    Bentonville, AR
    Approved Installer
    Solar Pros is your trusted local solar team, bringing top-tier solar products coupled with competitive pricing, e...
    Approved Installer
    Screened & Verified
    4.0 /5.0
    5 Reviews

    Solar Pros is your trusted local solar team, bringing top-tier solar products coupled with competitive pricing, e...

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Faulkner County, AR.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Faulkner County, AR. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Why shop with EnergySage?

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