Solar Panel Cost Guide in Blackwell, OK (Mar 2023)
- Blackwell Solar Installation Cost: $15,662
- 25-Year Savings: $25,912
- Payback Period: 9.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Blackwell
Find out what the average cost of solar panel installation is in Blackwell.
The national average cost of solar panels is $2.66 per watt, but in Blackwell it's 2.62 per watt. The average Blackwell homeowner needs a 8.5-kilowatt system, which would cost about $15,662 with the federal tax credit, or $22,397 before the 30% tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Blackwell homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Despite the significant initial cost, the average Blackwell homeowner can save around $18,000 on their electricity bills over 20 years, which is one of the advantages of solar.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Blackwell
| Year | Return on Investment |
|---|---|
| 1 years | $-13,999 |
| 3 years | $-10,673 |
| 5 years | $-7,348 |
| 7 years | $-4,022 |
| 9 years | $-696 |
| 11 years | $2,630 |
| 13 years | $5,956 |
| 15 years | $9,282 |
| 17 years | $12,608 |
| 19 years | $15,934 |
| 21 years | $19,260 |
| 23 years | $22,586 |
| 25 years | $25,912 |
Top Solar Installers in Blackwell
Many homeowners choose to use a solar panel installer since installing solar panels by yourself can be a lot of work. Plus, if you're unsure what kind of solar panels and equipment you may need, a solar company can help you figure that out after a site survey and consultation.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Technology
Tesla Energy
- 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
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Blackwell
Factors that Affect Solar Panel Costs in Blackwell
The cost of installing a solar system in Blackwell can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,620. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Blackwell to be prohibitively costly, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest. Although solar loans make adopting solar energy more accessible for Blackwell homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies operating in Blackwell, and each can charge varying amounts for labor and equipment. Companies that only sell high-quality, high-efficiency and high-price 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 find a company that has 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 | $2.72 | $11,444 | $17,751 | 9.8 years |
| 8 kW | $2.67 | $14,965 | $23,961 | 9.6 years |
| 10 kW | $2.62 | $18,340 | $30,319 | 9.4 years |
| 12 kW | $2.57 | $21,568 | $36,822 | 9.2 years |
| 14 kW | $2.52 | $24,649 | $43,473 | 9.0 years |
| 16 kW | $2.46 | $27,583 | $50,270 | 8.9 years |
| 18 kW | $2.41 | $30,371 | $57,214 | 8.7 years |
| 20 kW | $2.36 | $33,012 | $64,305 | 8.5 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Blackwell, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though 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 make sure you peruse their list of options before making your decision.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years likely provide high-quality solar panel installation and expertise.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Contract: Look through the contract terms closely to make sure you understand the cost breakdown, completion timeline rebates and warranties.
Best Technology
Tesla Energy
- 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
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Blackwell, OK Solar Cost FAQs
How much does it cost to install solar panels in Blackwell?
The average cost of solar panels in Blackwell is about $13,100 for a 5-kW system and $26,200 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Blackwell?
Leasing solar panels can be an option if you are unable to pay upfront or secure 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 financial benefits from going solar.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses 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.