Solar Panel Cost & Payback in Arkansas
Home solar in Arkansas pays back in a median 24.0 years across the 43 places we cover, at an average electricity price of 13.6¢/kWh and about $3.60 per watt installed. Power sent back to the grid earns only about 5.0¢/kWh (Net billing (Act 278)), which lengthens payback. Centerton has the fastest payback (23.5 years).
Solar estimates for Arkansas cities and towns
Sorted by fastest payback. Each figure is for a system sized to an average Arkansas home (1,048 kWh/month).
| Place | kWh per kW | System | Cost | Payback | 25-yr savings |
|---|---|---|---|---|---|
| Centerton | 1,444 | 8.8 kW | $31,680 | 23.5 yrs | $2,634 |
| Helena-West Helena | 1,444 | 8.8 kW | $31,680 | 23.5 yrs | $2,634 |
| Van Buren | 1,443 | 8.8 kW | $31,680 | 23.5 yrs | $2,610 |
| Fort Smith | 1,440 | 8.8 kW | $31,680 | 23.5 yrs | $2,539 |
| Blytheville | 1,437 | 8.8 kW | $31,680 | 23.6 yrs | $2,467 |
| Bella Vista | 1,434 | 8.8 kW | $31,680 | 23.6 yrs | $2,396 |
| Forrest City | 1,433 | 8.8 kW | $31,680 | 23.6 yrs | $2,372 |
| North Little Rock | 1,430 | 8.8 kW | $31,680 | 23.6 yrs | $2,301 |
| Jonesboro | 1,429 | 9.2 kW | $33,120 | 23.7 yrs | $2,381 |
| Paragould | 1,424 | 9.2 kW | $33,120 | 23.7 yrs | $2,256 |
| Marion | 1,423 | 9.2 kW | $33,120 | 23.7 yrs | $2,232 |
| Rogers | 1,422 | 9.2 kW | $33,120 | 23.7 yrs | $2,207 |
| Bentonville | 1,422 | 9.2 kW | $33,120 | 23.7 yrs | $2,207 |
| Maumelle | 1,418 | 9.2 kW | $33,120 | 23.8 yrs | $2,107 |
| Jacksonville | 1,410 | 9.2 kW | $33,120 | 23.9 yrs | $1,909 |
| West Memphis | 1,409 | 9.2 kW | $33,120 | 23.9 yrs | $1,884 |
| Springdale | 1,408 | 9.2 kW | $33,120 | 23.9 yrs | $1,859 |
| Conway | 1,408 | 9.2 kW | $33,120 | 23.9 yrs | $1,859 |
| Pine Bluff | 1,408 | 9.2 kW | $33,120 | 23.9 yrs | $1,859 |
| Cabot | 1,405 | 9.2 kW | $33,120 | 24.0 yrs | $1,784 |
| Sherwood | 1,404 | 9.2 kW | $33,120 | 24.0 yrs | $1,760 |
| Texarkana | 1,401 | 9.2 kW | $33,120 | 24.0 yrs | $1,685 |
| Greenwood | 1,392 | 9.2 kW | $33,120 | 24.2 yrs | $1,461 |
| Siloam Springs | 1,391 | 9.2 kW | $33,120 | 24.2 yrs | $1,437 |
| Hope | 1,391 | 9.2 kW | $33,120 | 24.2 yrs | $1,437 |
| Monticello | 1,390 | 9.2 kW | $33,120 | 24.2 yrs | $1,412 |
| Fayetteville | 1,383 | 9.2 kW | $33,120 | 24.3 yrs | $1,238 |
| Clarksville | 1,382 | 9.2 kW | $33,120 | 24.3 yrs | $1,213 |
| Little Rock | 1,373 | 9.2 kW | $33,120 | 24.4 yrs | $989 |
| Searcy | 1,370 | 9.2 kW | $33,120 | 24.5 yrs | $915 |
| Harrison | 1,365 | 9.6 kW | $34,560 | 24.5 yrs | $825 |
| Batesville | 1,364 | 9.6 kW | $34,560 | 24.5 yrs | $799 |
| Benton | 1,360 | 9.6 kW | $34,560 | 24.6 yrs | $695 |
| Bryant | 1,360 | 9.6 kW | $34,560 | 24.6 yrs | $695 |
| Russellville | 1,351 | 9.6 kW | $34,560 | 24.7 yrs | $462 |
| Camden | 1,339 | 9.6 kW | $34,560 | 24.9 yrs | $151 |
| El Dorado | 1,337 | 9.6 kW | $34,560 | 24.9 yrs | $99 |
| Mountain Home | 1,336 | 9.6 kW | $34,560 | 25.0 yrs | $73 |
| Arkadelphia | 1,334 | 9.6 kW | $34,560 | 25.0 yrs | $21 |
| Hot Springs | 1,329 | 9.6 kW | $34,560 | 25+ yrs | −$108 |
| Hot Springs Village | 1,327 | 9.6 kW | $34,560 | 25+ yrs | −$160 |
| Magnolia | 1,328 | 9.6 kW | $34,560 | 25+ yrs | −$134 |
| Malvern | 1,331 | 9.6 kW | $34,560 | 25+ yrs | −$56 |