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3 Best Solar Companies in Greenwood, AR

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Written By David Cusick

Last Updated June 2024

A rooftop solar array will provide you with a renewable power source that will pay for itself in time. Switching to solar energy can reduce your monthly energy expenses and shrink your carbon output. Before you get started, you want to make sure you find a reputable installer. Luckily, we've reviewed the options and assembled a guide to the best and most trustworthy solar installation companies in Greenwood.

Our Recommended Providers

Top 3 Best Solar Companies in Greenwood

Peak Power Solar

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5111 Rogers Ave Ste 504, Fort Smith, AR 72903 (479) 259-1739 peakpwrsolar.com

Informative resources

Clear pricing policy

Services Offered

Panel installation
Battery storage

Perihelion Solar

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319 W B St, Russellville, AR 72801 (479) 747-8335 perihelion.solar

Reliable customer support

Free quotes

Clear pricing policy

Services Offered

Panel installation
Skilled repairs
Off-grid solar systems
Grid-tied solar system
Battery storage

EightTwenty - Fayetteville

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5 E Mountain St, Fayetteville, AR 72701 (405) 256-2087 eighttwenty.com

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Reliable customer support

Clear pricing policy

Services Offered

Panel installation
Today's Homeowner Ranking Methodology

Today's Homeowner looks at dozens of datapoints on solar companies to come up with our data-driven rankings. It's not possible for a company to pay for preferential treatment in our rankings. We look at the following key factors in determining who should top our list:

  • Company Experience
  • Real User Reviews
  • Company Reputation
  • Accreditations and Licenses
  • Service Area
  • Customer Service
Have questions about our methodology or company ratings? Reach out to FindAPro@TodaysHomeowner.com.

How To Choose a Solar Company

Adopting solar power lets homeowners reduce utility bills while benefiting the planet by reducing your carbon footprint using clean energy. If you’re evaluating if you want to go solar, consider these key factors for choosing an installer.

Check Licensing

Confirm that your solar installer is properly licensed. This ensures that the work is done properly using the most up-to-date installation methods. Solar installers in Arkansas must be licensed electricians to install PV systems or licensed plumbers to install water heating 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.

Read Customer Reviews

Check Google Reviews, the Better Business Bureau (BBB), TrustPilot, and other review sites to see what past customers are saying about local solar companies. Detailed reviews on these platforms can help you evaluate a provider's integrity and customer service. Be wary of companies with few or mainly poor reviews.

Compare Multiple Quotes

Contact at least three solar companies to receive free, detailed quotes. Quotes should clearly explain all costs and list the exact solar components included. By comparing multiple quotes, you can identify the option that best fits your budget.

Ask About the Warranty

Top-notch solar installations should come with strong workmanship and performance guarantees. A workmanship guarantee covers installation issues, such as poor wiring, poor alignment, or cracks in the panels. A performance guarantee ensures a minimum energy output. Comprehensive guarantees indicate that a solar company believes in its work.

Evaluate Financing and Incentives

Solar energy can help lower your electric bills over time. When considering the total price and value of solar panels, be sure to consider these factors.

  • Compare system purchase options: Solar panels can be purchased outright or financed through a loan or lease. Review important financing details such as fees, payment schedule, annual percentage rate (APR), and ownership implications when financing your solar system.
  • Research federal and state tax credits: A 26% federal solar tax credit on total system costs is available through 2032. Many states also offer incentives. These credits provide substantial savings for solar buyers.
  • Look into utility rebates: Some utility companies may provide additional discounts to encourage homeowners to install solar panels. Check the eligibility criteria and rebate amounts offered by your local electric utility to determine your potential savings.

Cost of Solar Installation in Greenwood

Solar panel costs vary based on your system's capacity and the solar technology being used. The typical Greenwood solar array has a capacity of 8.4 kilowatts. Homeowners in the area should expect to pay approximately $3,490 per kilowatt; the average Greenwood homeowners spends about $20,596 on a new solar system after accounting for federal tax breaks. (Some homeowners prefer to lease solar panels to reduce upfront costs.) A personalized quote from a local solar company will account for factors such as the capacity, size, and panel type of the planned system, and should include costs for permit fees, labor, and preliminary work.

Greenwood Solar Incentives Guide

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.

Frequently Asked Questions About Solar in Greenwood, AR

Generally speaking, a solar photovoltaic (PV) system can be used to power any household appliance or system that uses electricity. In the simplest case, you can use a solar water heating system.

With home solar PV, you can recoup the cost of the system over time, lower your property's emissions, and gain additional energy independence.

It depends on your location and what type of panels you're installing. With the winter months in Arkansas being very mild, you have significant leeway to install your panels, though they won't achieve peak performance until summer arrives.

Your payback period is the time to achieve an ROI on your solar panels. It will vary based on the average sunlight in your area, the rate your utility charges per kilowatt of power, and their rated capacity. Greenwood gets quite a bit of sunlight per day, so an average payback period could last up to 14.7 years per 5 kW of capacity.

The type of solar panels you have will have specific maintenance steps to follow. Regardless of type, you should clean your panels regularly and inspect them for damage. Many solar contractors in the Greenwood area offer multipoint maintenance plans to help you make the most of your panels and keep them healthy for as long as possible.

While solar energy might not be ideal for some in wet or dark areas, the latest generation of equipment and energy storage systems could boost your property's solar viability enough to achieve a return on investment. A contractor could also recommend a different primary source of renewable energy like wind or geothermal to boost your generation.

Of course. Solar panels exist independently from the power grid in Greenwood and will continue to generate power even if the grid is having problems. Keep in mind, however, that a solar system without a storage system cannot keep you running through a nighttime outage. Your contractor can discuss some economical options to keep your home's power access reliable through the worst conditions, including battery backups or an emergency generator.

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