Solar Panel Cost Guide in Bristow, OK (2023 Update)
- Bristow Solar Installation Cost: $15,849
- 25-Year Savings: $23,055
- Payback Period: 10.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Bristow
Find out what the average cost of solar panel installation is in Bristow.
The national average cost of solar panels is $2.66 per watt, but in Bristow it's 2.62 per watt. Using this figure, a typical 8.6-kW system would cost about $15,846 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy use, the type of solar system you choose, your solar contractor and more. For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Bristow see about $17,000 in savings on electricity bills over 20 years.
To receive a free estimate from a pre-vetted solar installation company in Bristow, you can click the button below.
Solar savings over time in Bristow
| Year | Return on Investment |
|---|---|
| 1 years | $-14,640 |
| 3 years | $-12,221 |
| 5 years | $-9,803 |
| 7 years | $-7,385 |
| 9 years | $-4,966 |
| 11 years | $-2,548 |
| 13 years | $-130 |
| 15 years | $2,289 |
| 17 years | $4,707 |
| 19 years | $7,125 |
| 21 years | $9,543 |
| 23 years | $11,962 |
| 25 years | $14,380 |
Top Solar Installers in Bristow
Installing solar panels on your own can be a challenging undertaking, which is why using a solar installer is a good option for many homeowners. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
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
See all of the solar companies in Bristow
Factors that Affect Solar Panel Costs in Bristow
The cost of installing a solar system in Bristow can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,620. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof 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 increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are an affordable choice because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Bristow is the company you hire to install your PV system. Similar to choosing a company to build a deck or pool, for instance, you'll have no shortage of solar installers that provide a range of services at different costs. Additionally, some companies in Bristow know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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 | $15,567 | 10.6 years |
| 8 kW | $2.67 | $14,965 | $21,050 | 10.4 years |
| 10 kW | $2.62 | $18,340 | $26,679 | 10.2 years |
| 12 kW | $2.57 | $21,568 | $32,455 | 10.0 years |
| 14 kW | $2.52 | $24,649 | $38,377 | 9.8 years |
| 16 kW | $2.46 | $27,583 | $44,447 | 9.6 years |
| 18 kW | $2.41 | $30,371 | $50,663 | 9.4 years |
| 20 kW | $2.36 | $33,012 | $57,026 | 9.2 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one sign of a good company.
- Contract: When looking through your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
- Solar Panel Brands: The model of solar panel you need to get plays a role in which installer you should opt for, since different companies have access to different panels.
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
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 precisely, because the cost depends on many factors. Broadly 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 additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Bristow?
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 don't have access to 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.
Can solar panels completely eradicate my power bills?
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 $900.38 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 usage and the average daily 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 install 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.