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Best 3 Solar Companies in Fayetteville, AR

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Written By Max Peterson|Last Updated: February 05, 2024

The Fayetteville community is purposeful about protecting the environment and living sustainably. That includes using alternative energy sources like solar. While going solar comes with upfront costs, local homeowners could ultimately save $820 per kilowatt on their electric bills. A professional installer can help you select the best panels to maximize your savings. On this page, we'll showcase Fayetteville's premier solar companies and share insightful advice for your solar journey.

Best High-Efficiency System
4.8
  • Builds custom, high-efficiency solar systems suited to each home
  • Extensive coverage area throughout the country
  • Offers energy storage and EV charger add-ons

Top Fayetteville Solar Companies

Natural Energy Logo

Natural Energy

4.4/5
Based on 94 customer reviews.

Services Offered

Financing AssistancePanel InstallationGrid-Tied Solar SystemPermit AssistanceConsultation

Highlights

  • Informative resources
  • Clear pricing policy
  • Free quotes
501 Sw B St, Bentonville, AR 479-273-0123 usnaturalenergy.com
Sunrise Solar Logo

Sunrise Solar

4.7/5
Based on 20 customer reviews.

Services Offered

ConsultationPanel Installation

Highlights

  • Clear pricing policy
  • Informative resources
  • Free quotes
3604 Nw Frontage Rd Suite 4, Bentonville, AR 479-348-0046 sunrisesolar-llc.com

Ranking Methodology

Our team has carefully researched dozens of solar companies near Fayetteville, with emphasis on the following criteria:

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Facts about Fayetteville
Average Max Temp:68°F
Solar Payback Period:12.0 years
Average Daily Sunlight:58%
Homes Powered by Solar:1,040
Average Annual Energy Bill:$1,349
Solar Power per Capita Percentile:48.0%

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This Old House empowers homeowners with the knowledge and tools they need to tackle various projects and navigate the complexities of homeownership.

Benefits of Solar Energy

Solar energy provides numerous advantages that will enhance your home for years to come.

  • Better energy independence: Adding a battery backup lets you have reliable energy during storms and grid outages.
  • Reduced carbon footprint: Solar is a highly abundant clean energy source, meaning you can reduce or eliminate your home's dependence on non-renewable sources.
  • Lower utility costs: Sourcing some or all of your own energy will cut power costs long-term.

What Solar Incentives Are Available to Fayetteville Homeowners?

Arkansas homeowners who decide on solar could qualify for rebates, special financing, tax credits and reimbursements. Here are just a few of the region's incentive offerings.

Incentive Type: Personal Tax Credit

Website: ecowatch.com

Incentive Amount:

30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.

How To Choose the Best Solar Company in Fayetteville

The cost and efficiency of solar panels often hinge on the solar company that installed them. Consider each of these factors in your contractor search.

Licensing and Training

Solar contractors in Arkansas must be licensed plumbers to install water heating systems or licensed electricians to install PV systems. Depending on their specific licensure, your contractor will have at least 4-5 years of experience and verify their educational credentials with the state Contractors Licensing Board. Solar providers can also obtain accreditations from standards organizations and trade groups. The most respected ones in the industry come from the North American Board of Certified Energy Practitioners. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.

Cost of Solar Panels in Fayetteville

Different solar panel types look and perform differently. Monocrystalline panels offer the best energy production but cost more than other options. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.

Additional system add-ons, such as electric vehicle (EV) chargers and battery storage, will add to your overall costs. However, they might make your solar system more efficient and convenient to use. Not all solar contractors offer these optional components, so look for a contractor that installs them if it's important for you.

If you're a resident of Fayetteville and want a five-kilowatt solar energy system, you could plan to spend about $17,450 for parts and installation. Find more information on specific component and panel costs in the table.

Solar Panel CostAverage Cost
Solar Monocrystalline$1,074
Solar Polycrystalline$837
Thin-Film$490
Solar Battery$687
Solar Home EV Charger$2,577

Financing Solar Energy in Fayetteville

Solar providers use multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are power purchase agreements (PPAs), solar leases, solar loans and cash payments. We advise making a cash payment or using a solar loan for the highest return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also own your system and can apply for solar incentives to cut your total costs. Solar loans are another solid option if you don’t want to make a big initial investment. You can pay for your system in installments while still enjoying energy bill savings and solar incentives. However, you’ll pay more in total due to accruing interest. Solar leases allow you to pay a monthly rate to rent your panels, while a power purchase agreement lets you pay a fluctuating rate based on only the energy you use. We generally advise against these options since you won't own your system and are disqualified from solar incentives, but they might be suitable in certain circumstances. We recommend working with a contractor that offers multiple financing options. Speak with each salesperson about what's available, and get more than one estimate for the best odds of staying within your budget.

The table below lists the average payback periods for different capacities of solar systems in Fayetteville.

You can claim a 26% federal tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, local governments and utilities may have their own financing plans and rebates that could reduce your total cost even more.

Solar System CapacityEstimated Payback period
1 kW2.4 years
2 kW4.8 years
5 kW12.0 years
10 kW24.0 years

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Frequently Asked Questions About Solar in Fayetteville

How much energy and money could I save per year by switching to solar?

On average, Fayetteville homeowners pay approximately $1,349 per year on power bills. Once you repay your solar array, you could save $816.06 per kilowatt you produce.

Is solar energy readily available in Fayetteville?

Yes, solar energy is readily available in Fayetteville. A growing number of area homes already use solar power on-site or through utility grids, and Arkansas has about 329 jobs making up its solar economy.

Should I expect a boost in my property value after installing solar panels?

Yes, a solar PV system will increase your property value. According to the National Renewable Energy Laboratory (NREL), for every dollar you reduce on energy bills, your home value increases by $20. So, if your panels save you $600 per year on energy costs, your property could appreciate $12,000.

Could I still use solar power if I live in a rainy, wooded, or dark area?

Solar panels could still work in cloudy conditions. Your contractor will orient your panels to capture the most sunlight possible. They might also recommend a back-up power source to keep your system performing at its best.

How long will a typical solar system last?

Modern solar systems are built for longevity. The average unit provides 25 years of reliable power. Lower-cost panels tend to last shorter than higher-quality models.

Is installing solar panels a fast job?

There's no universal answer for how long a solar project might take. Ultimately, it depends on local weather, the permitting and inspection process, the necessary prework, panel style, and system size. Most homeowners can be solar-ready within a couple of months from their initial estimate visit.

Should I get quotes from multiple Fayetteville solar companies?

It's prudent to collect three or more estimates before committing to a single solar company. This lets you evaluate product quality, customer feedback, pricing, and warranty options. It also lets you assess a provider's reliability, knowledge and responsiveness, all of which are positive signs.

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

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