Cost of solar in Little Rock, AR

Electricity Consumption in Little Rock

Electricity Consumption by Arkansas residents averages 1174 kWh per month. It ranks #44 in the nation for savings from installing solar panels on the home.

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Solar power in Little Rock, Arkansas

Entergy Arkansas offers its Little Rock customers a net metering program. Entergy will provide credit for any excess generation a customer’s solar system generates. The net metering credits are equal to 1 kilowatt hour of energy that are applied to the customer’s next bill in order to offset future electricity usage. If the customer has credits in their account that are over 2 years old, they can sell them back to the utility for cash at the avoided cost rate. However, you, as the customer, will end up saving more money by keeping the credits and having them apply to future bills since the credits are worth the retail rate of electricity. 

Little Rock residents can also take advantage of the federal solar tax credit. The tax credit is equal to 30% of the cost of a solar system and is applied to your federal income taxes. In some cases, you may be able to wipe out your entire tax bill for the year! The combination of the federal tax credit and Entergy’s net metering program can provide you with an excellent return on investment on a solar system installation in Arkansas! 

Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator to find out:

 

Estimate your solar savings

 

Solar power in Arkansas

The average cost of installing residential solar panels in Little Rock, Arkansas in 2019 is $3.31 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Little Rock, AR is $16,550. (before claiming 30% tax credit and other rebates)

What does the cost of a real solar system look like?

Facts about installing a 8.38kW solar system in Little Rock, AR

This system would offset 100% of your energy usage if your typical monthly bill is $121, however your situation may vary so try our solar calculator to get a result tailored to you.

$17,774

Net cost of system
Cash - after 30% solar tax credit

9 Years 11 Months

Average payback time

11,000
kWh

Annual power production


/kWh

levilized cost of solar energy

24¢
/kWh

If you don't get solar
The forecast average utility price over the next 25 years

Cash flow graph based on cash purchase of this 8.38kW system

Life-time savings on this system over the next 25 years

$38,880

(Prices shown after repayments of capital)

 


 

Solar companies in Little Rock, AR that provide pricing through the Solar-Estimate marketplace

2

 


Solar calculator and quote comparison tool

Average total cost of solar panel installation in Arkansas

System Size Cash purchase
After 30% solar tax credit
Financed purchase
After 30% solar tax credit
3kw $7,686 $8,301
4kw $9,940 $10,735
5kw $12,005 $12,965
6kw $13,902 $15,014
7kw $15,631 $16,881
8kw $17,248 $18,628
9kw $18,648 $20,140
10kw $19,880 $21,470

 

Design your own solar panel system for your home

Going solar in Arkansas

Check out all of the ways energy providers of Arkansas can help you be more energy efficient and save money.

The following programs are available:
Incentive Name Eligibility Type
Residential Renewable Energy Tax Credit Federal Personal Tax Credit
Net Metering State Net Metering
Find your local rebates and incentives

Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.