Solar Panel Cost Guide in Bristow, OK (2024 Update)
- Bristow Solar Installation Cost: $18,934
- 25-Year Savings: $23,055
- Payback Period: 12.2 Years
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Average Cost of Solar Panels in Bristow
Find out what the average cost of installing solar panels is in Bristow.
In Bristow, solar panels cost about 3 per watt on average.The average Bristow homeowner needs a 8.6-kilowatt system, which would cost about $18,934 with the federal tax credit, or $27,076 before the 0 tax credit is applied.
The true price you pay can go higher or lower than the average in Bristow based on a variety of factors, such as the brand of solar panels you choose and the solar contractor you hire.Despite the significant upfront cost, the average Bristow homeowner can save about $17,000 on their power bills over 20 years, which is one of the benefits of solar.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Bristow
| Year | Return on Investment |
|---|---|
| 1 years | $-17,725 |
| 3 years | $-15,306 |
| 5 years | $-12,888 |
| 7 years | $-10,470 |
| 9 years | $-8,051 |
| 11 years | $-5,633 |
| 13 years | $-3,215 |
| 15 years | $-797 |
| 17 years | $1,622 |
| 19 years | $4,040 |
| 21 years | $6,458 |
| 23 years | $8,877 |
| 25 years | $11,295 |
Top Solar Installers in Bristow
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Using a solar company can make switching to solar power much easier. Local solar installation companies can also help you maximize your return on investment by walking you through any local incentives you can benefit from and by offering warranties and repairs.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some near you:
See all of the solar companies in Bristow
Factors that Affect Solar Panel Costs in Bristow
There are many criteria that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the major 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 $3,130.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Bristow, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Bristow provide solar loans, which reduce the initial cost of installing solar.However, the interest on solar loans also increases your all-in costs, so it’s vital to include that in your estimate as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The last significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Bristow, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.26 | $13,672 | $13,339 | 12.7 years |
| 8 kW | $3.19 | $17,879 | $18,136 | 12.4 years |
| 10 kW | $3.13 | $21,910 | $23,109 | 12.2 years |
| 12 kW | $3.07 | $25,766 | $28,256 | 11.9 years |
| 14 kW | $3.00 | $29,447 | $33,579 | 11.7 years |
| 16 kW | $2.94 | $32,953 | $39,077 | 11.4 years |
| 18 kW | $2.88 | $36,283 | $44,751 | 11.2 years |
| 20 kW | $2.82 | $39,438 | $50,600 | 11.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Contract: Read the contract terms carefully to make sure you understand the total cost, project completion timeline rebates and warranties.
- Solar Panel Brands: Different companies have different brands and models of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating your electrical system or roof.
EcoWatch's Bristow, OK Solar Cost FAQs
What is the average cost of installing solar panels in Bristow?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $15,650 for a 5-kW system and $31,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Bristow?
Solar panels aren’t free in Bristow, 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.
How much can I save on electricity bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $900.38 per year.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of 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 buy 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.