As states establish new renewable energy goals and incentives there s a growing opportunity for landowners and commercial property owners to lease their land or rooftops for solar.
Rent solar panels arkansas.
Even in rural areas of north carolina or california where demand for small solar sites is high rent over 1 000 acre would be common by a substation with capacity.
Depending on where you live you will have to either sign up for a solar lease or solar power purchase agreement ppa.
Larger tracts over 100 acres for major power plant projects commonly rent at 300 to 500 an acre across texas and normally around the 500 acre range across most of the southeast.
Learn more about your potential savings in our design studio.
Arkansas customers of entergy simply register a new electric meter in their name and attach a solar array that produces kilowatt hours of electricity.
All the home owners do is agree to pay a rental fee for the solar panels and since the solar panels are engineered to meet your exact needs based on your historical usage at last year s rate your new electric rental will usually be lower than your current bill often by 20 with no rate increases for 25 years utilities often raise 6 yr over 200 in 20 yrs.
If you buy a solar panel system you own the system either outright if purchasing with cash or after repaying your solar loan.
You pay a fixed monthly amount to use the energy generated by the solar system on your roof.
Through solar land leases landowners can create decades of long term income a financial legacy for your family and your land.
If you lease the system or sign a power purchase agreement ppa a third party owns the solar panel system.
Use solar energy to power your home and reduce your dependence on the grid.
Purchase solar at the lowest price of any national provider with tesla s price match guarantee and take control of your monthly electricity bill.
Arkansas does not offer solar power purchase agreements or leases.
Buying solar panels requires an investment and more decision making than leasing but over the long term the benefits of owning your system are hard to beat.
Solar panel cost in arkansas.
Arkansas first solar garden allows interested citizens to plant solar modules and grow electricity.
You pay a fixed price per kwh for power generated by the system in most cases your monthly bill will rise or fall with the amount of power your system produces.
This is 2 63 per watt.
The average cost for an installed residential solar system in arkansas is currently 11 677 after claiming the 26 federal solar tax credit.
Calculate solar panel cost and savings for your specific home.
