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Solar Panel ROI in Phillips County, AR

Is going solar worth it in Phillips County? Here are the numbers.

Avg System Cost

$2,964

After Tax Credit (30%)

$2,075

Est. Payback Period

0.7 yrs

25-Year ROI

3539%

Solar Economics in Phillips County

Investment Breakdown

System Cost (est.)$2,964
Federal Tax Credit (30%)-$889

Net Cost$2,075

Annual Savings

Est. Annual Energy Savings$3,020
Median Home Value$74,100

Median Household Income$37,458

About Phillips County, Arkansas

Phillips County in Arkansas has a median household income of $37,458 and median home value of $74,100. With an estimated payback period of 0.7 years, solar is a strong investment for homeowners in this area.

These estimates use county-level medians and national averages for solar irradiance. Your actual ROI depends on roof orientation, shading, local utility rates, and available state/local incentives beyond the federal 30% ITC.

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Other Counties in Arkansas

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: EIA, NREL, DSIRE. Solar cost estimates based on county-level home values and national averages. This is not financial advice.