Solar Panel Cost Guide in Ada, OK (Dec 2022)

  • Ada Solar Installation Cost: $15,681
  • 25-Year Savings: $23,569
  • Payback Period: 10.0 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 Ada

Let's have a look at the average cost of solar in Ada.

In Ada, solar panels cost about $3 per watt on average. To account for the typical energy usage of the average home in Ada, most homeowners require a 8.6-kilowatt system. Using the per-watt figure above, a solar installation costs about $15,681, or $11,604 after the federal solar tax credit of 30% is applied.

These figures are just estimates, and how much solar costs for you will most likely differ based on the amount of energy your home requires and what company you want to go with. Many homeowners find going solar is a sound investment. The average homeowner in Ada can save around $17,000 on their power bills over 20 years.

Click the button below to get connected to a top solar panel company in Ada for a custom estimate.

Solar savings over time in Ada

Year Return on Investment
1 years $-14,111
3 years $-10,971
5 years $-7,831
7 years $-4,691
9 years $-1,551
11 years $1,589
13 years $4,729
15 years $7,869
17 years $11,009
19 years $14,149
21 years $17,289
23 years $20,429
25 years $23,569

Top Solar Installers in Ada

Although you can install solar panels by yourself, it takes extra time and know-how. That's one of the reasons almost all homeowners choose a solar panel installer. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term because of their warranties, repair services and expert design.

If you're on the hunt for a solar installer in Ada, the EcoWatch team has compiled 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 Warranty Coverage

Sunpro Solar

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

See all of the solar companies in Ada

Factors that Affect Solar Panel Costs in Ada

The cost of installing a solar system in Ada can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.

Solar Equipment

One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $2,620 per kilowatt in Ada. The model of solar panels and equipment you want is another factor that will significantly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment consists of more than just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that's in your budget.

Solar Financing Terms

For some homeowners, paying for solar out of pocket can be challenging. Solar loans are available from most installers in Ada, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it'll take to pay off the loan.

Solar Panel Installation Company

The solar installer you go with to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Ada, and each can charge different amounts for labor and equipment. Additionally, some companies in Ada have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $2.72 $11,444 $16,116 10.4 years
8 kW $2.67 $14,965 $21,781 10.2 years
10 kW $2.62 $18,340 $27,593 10.0 years
12 kW $2.57 $21,568 $33,551 9.8 years
14 kW $2.52 $24,649 $39,657 9.6 years
16 kW $2.46 $27,583 $45,909 9.4 years
18 kW $2.41 $30,371 $52,308 9.2 years
20 kW $2.36 $33,012 $58,854 9.0 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 brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: The model of solar panel you want to get plays a part in which installer you should choose, since different companies offer different panels.
  • Contract: Review the contract terms thoroughly to make sure you understand the total cost, project timeline incentives and warranties.
  • Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running for a long time and save you money on repairs and maintenance.
  • Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.

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 Warranty Coverage

Sunpro Solar

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

EcoWatch's Ada, OK Solar Cost FAQs

How much does it cost to install solar panels in Ada?

This is a hard question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $13,100 for a 5-kW system and $26,200 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.

Should I lease or buy solar panels in Ada?

Leasing solar panels can be an option if you can't pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.

How much can I save on electricity bills after switching to solar?

Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $918.66 per year.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.

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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