Solar Panel Cost Guide in Broken Arrow, OK (Mar 2023)
- Broken Arrow Solar Installation Cost: $15,974
- 25-Year Savings: $21,876
- Payback Period: 10.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Broken Arrow
Let's take a look at the average cost of solar panels in Broken Arrow.
While the national average of solar panels is $2.66 per watt, solar panels in Broken Arrow generally cost around 2.62. The average Broken Arrow homeowner needs a 8.7-kilowatt system, which would cost about $15,974 with the federal tax credit, or $22,843 before the 30% tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Broken Arrow homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. For most homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $17,000 in savings on energy bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Broken Arrow
| Year | Return on Investment |
|---|---|
| 1 years | $-14,460 |
| 3 years | $-11,432 |
| 5 years | $-8,404 |
| 7 years | $-5,376 |
| 9 years | $-2,348 |
| 11 years | $680 |
| 13 years | $3,708 |
| 15 years | $6,736 |
| 17 years | $9,764 |
| 19 years | $12,792 |
| 21 years | $15,820 |
| 23 years | $18,848 |
| 25 years | $21,876 |
Top Solar Installers in Broken Arrow
DIY solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Going with a solar panel installer can make your swap to solar power much easier. The payback period on a solar system will vary based on factors like your location and energy usage, but going with a solar company can shorten that period. Your provider will be able to help you apply for incentives available in your area.
If you'd like to make the switch to solar but still aren't sure which solar panel company to go with, here are our suggestions for providers near you:
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 Broken Arrow
Factors that Affect Solar Panel Costs in Broken Arrow
For many Broken Arrow homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Broken Arrow, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,620. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Broken Arrow, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited 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 Broken Arrow provide solar loans, which reduce the initial cost of installing a solar system. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of renewable energy solutions in Broken Arrow, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Broken Arrow are more knowledgeable 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 | $14,634 | 11.0 years |
| 8 kW | $2.67 | $14,965 | $19,805 | 10.8 years |
| 10 kW | $2.62 | $18,340 | $25,123 | 10.5 years |
| 12 kW | $2.57 | $21,568 | $30,588 | 10.3 years |
| 14 kW | $2.52 | $24,649 | $36,200 | 10.1 years |
| 16 kW | $2.46 | $27,583 | $41,958 | 9.9 years |
| 18 kW | $2.41 | $30,371 | $47,863 | 9.7 years |
| 20 kW | $2.36 | $33,012 | $53,914 | 9.5 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: The brand of solar panel you want plays a part in which company you should go with, since different companies offer different panels.
- Contract: It's important to read through your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
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 Broken Arrow, OK Solar Cost FAQs
What is the average cost of installing solar panels in Broken Arrow?
The average cost of solar panels in Broken Arrow is about $13,100 for a 5-kW system and $26,200 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Broken Arrow?
You can't get solar panels for free in Broken Arrow. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
How much can I save on electricity bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Broken Arrow, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
To figure out how many solar panels 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 house 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.