Solar Panel Cost Guide in Oakdale, MN (Dec 2022)

  • Oakdale Solar Installation Cost: $14,353
  • 25-Year Savings: $22,272
  • Payback Period: 9.8 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Oakdale

We break down average solar pricing in Oakdale.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Oakdale, the typical cost of a solar system is $3 per watt. Because a 7.2-kW system is needed to cover the energy needs of a typical home in Oakdale, the average price of going solar will be about $14,353 before claiming the federal solar tax credit of 30%.

The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of making the switch to solar can vary quite a bit based on a few factors, such as how many panels you need, your energy consumption and what installation company you go with. Despite the large initial cost, the average Oakdale homeowner can save around $19,000 on their electricity bills over 20 years, which is one of the perks of solar.

For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Oakdale

Year Return on Investment
1 years $-12,888
3 years $-9,958
5 years $-7,028
7 years $-4,098
9 years $-1,168
11 years $1,762
13 years $4,692
15 years $7,622
17 years $10,552
19 years $13,482
21 years $16,412
23 years $19,342
25 years $22,272

Top Solar Installers in Oakdale

Although you can install solar panels on your own, it involves extra time and expertise. That's why almost all homeowners choose to hire a solar panel installer. The expertise that solar installers offer can be helpful as well, particularly if you aren't sure what type of solar equipment would be right for your home.

If you're searching for a solar company in Oakdale, the EcoWatch team has organized a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

See all of the solar companies in Oakdale

Factors that Affect Solar Panel Costs in Oakdale

For many Oakdale homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Oakdale, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you'll pay, which we'll go over below.

Solar Equipment

When it comes to estimating the price of a solar energy system in Oakdale, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can determine by looking at past power bills. Your total cost can increase by around $2,840 for each additional kilowatt you need. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Oakdale, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay off the loan.

Solar Panel Installation Company

A final consideration when trying to evaluate the cost of solar for your home or business in Oakdale is the company you get to install your PV system. As with choosing a company to build a deck or pool, for instance, there are plenty of solar installers that offer a range of services at different costs. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and decide on the company that offers the products, warranties and services you want and also is within your budget.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $2.95 $12,405 $18,028 10.2 years
8 kW $2.90 $16,222 $24,356 10.0 years
10 kW $2.84 $19,880 $30,842 9.8 years
12 kW $2.78 $23,379 $37,488 9.6 years
14 kW $2.73 $26,719 $44,292 9.4 years
16 kW $2.67 $29,900 $51,256 9.2 years
18 kW $2.61 $32,921 $58,379 9.0 years
20 kW $2.56 $35,784 $65,660 8.8 years

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:

  • Warranty: If you care about the endurance of your solar energy system, verifying that your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
  • Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Although there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of options before making your decision.
  • Contract: When reading over your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
  • Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely provide quality solar panel installation and expertise.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

EcoWatch's Oakdale, MN Solar Cost FAQs

What is the average cost of installing solar panels in Oakdale?

The average cost of solar panels in Oakdale is about $14,200 for a 5-kW system and $28,400 for a 10-kW system before the ITC, but the real cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you consume.

Can you get solar panels for free in Oakdale?

A solar panel system isn't free in Oakdale, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.

Is it worth going solar in Oakdale?

Solar panels can be a fruitful investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already reasonably low, solar panels might not be for you.

What solar power system size is right for my home?

To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.

Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.

Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.

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