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Are Solar Panels Worth It in Arkansas? Find Out Now

Q: What is the Average Cost of Solar Panels in Arkansas?

The average cost of solar panels in Arkansas is about $2.50 to $3.50 per watt , meaning a typical 6-kilowatt (kW) system costs between $15,000 and $21,000 before applying federal tax credits.

Q: Do Solar Panels Increase Home Value in Arkansas?

Yes, solar panels generally increase home value in Arkansas by reducing energy costs and appealing to eco-conscious buyers. Homes with solar systems tend to sell at higher prices compared to those without.

Q: Is There a Downside to Having Solar?

The main downsides to solar energy include the initial cost of installation, weather dependency, and the potential need for large roof space. Additionally, solar panels may not generate sufficient energy during cloudy days or nighttime without battery storage.

Q: Does Arkansas Have Solar Incentives?

Yes, Arkansas offers several solar incentives, including the federal Solar Investment Tax Credit (ITC) , local utility rebates, and net metering programs that help homeowners reduce the cost of solar installations.

Q: What is the Biggest Problem with Solar?

The biggest problem with solar is its reliance on sunlight, which means energy production can drop during cloudy days or at night. Solar energy storage solutions, like batteries, help mitigate this but add to the overall system cost.

Q: What Are Three Drawbacks to Storing Solar Energy in Batteries?

High Initial Cost : Solar batteries can be expensive to purchase and install. Limited Lifespan : Batteries have a limited lifespan and need to be replaced after several years. Energy Loss : Storing solar energy in batteries can lead to energy loss during the charging and discharging processes, reducing overall efficiency.

By Stephen Kelly | July 6, 2024 | 6 min read

Written by Stephen Kelly
Solar Energy Expert

Updated October 2, 2024 | 6 min read

Arkansas, known for its hot summers and mild winters, is an excellent location for solar panels. The state's location in the south-central United States offers a perfect balance of sunshine and moderate temperatures.

Here, we will explore the advantages of using solar panels in Arkansas and why they are worth the investment.

Table of Contents

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Advantages of Solar Panels in Arkansas

Abundant Sunshine

Arkansas is blessed with an abundance of sunshine throughout the year. The state receives an average of 6.5 hours of sunlight per day, making it an excellent location for solar panels. This means that homeowners in Arkansas can generate ample electricity throughout the year and reduce their energy bills significantly.

Government Incentives

The state government of Arkansas offers several incentives to promote the use of renewable energy, including solar panels. For instance, homeowners can take advantage of the Federal Solar Tax Credit, which provides a 26% tax credit for the installation of solar panels. Additionally, the state offers sales tax exemptions and property tax incentives, making the investment in solar panels more affordable.

Environmental Benefits

By using solar panels, homeowners can reduce their reliance on fossil fuels and decrease their carbon footprint. This is especially relevant in Arkansas, where the energy mix consists mostly of coal and natural gas. By switching to solar panels, homeowners can reduce their impact on the environment and contribute to a cleaner future.

Increase in Home Value

Solar panels can increase the value of a home significantly. According to the National Renewable Energy Laboratory, homes with solar panels installed sell faster and at a higher price than homes without them. Therefore, installing solar panels in your home can be an investment that pays off in the long run.

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Why Solar Panels are Worth it in Arkansas

Significant Savings on Energy Bills

By installing solar panels, homeowners in Arkansas can save a significant amount on their energy bills. According to a report by the Solar Energy Industries Association, homeowners can save up to $16,000 over 20 years by using solar panels. This is a significant amount that can make a substantial difference in a household's finances.

Great Long-Term Investment

Solar panels are a long-term investment that pays off in the long run. While the initial investment may seem daunting, homeowners can expect to see returns on their investment within five to ten years. Moreover, solar panels have a lifespan of around 25-30 years, which means that homeowners can enjoy the benefits of solar energy for a long time.

Energy Security

By using solar panels, homeowners in Arkansas can enjoy energy security. With the increasing frequency of power outages due to severe weather conditions, having solar panels installed can provide an alternative source of power during emergencies. This is especially relevant in Arkansas, where severe weather conditions such as tornadoes and hurricanes are common.

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Conclusion

In conclusion, solar panels are worth the investment in Arkansas. The state's abundant sunshine, government incentives, environmental benefits, increase in home value, significant savings on energy bills, long-term investment, and energy security make solar panels a smart choice for homeowners in Arkansas.

With the continued advancements in solar technology and the decreasing cost of solar panels, there has never been a better time to invest in solar energy.

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What is the Average Cost of Solar Panels in Arkansas?

Do Solar Panels Increase Home Value in Arkansas?

Is There a Downside to Having Solar?

Does Arkansas Have Solar Incentives?

What is the Biggest Problem with Solar?

What Are Three Drawbacks to Storing Solar Energy in Batteries?

Stephen Kelly

Stephen Kelly, luminary in the solar industry for over 10 years, stands as a respected author and frequent speaker at clean energy conferences throughout the United States. His commitment to America on clean energy positions him as a trusted authority driving positive change.