Solar Panel Cost Guide in Chickasha, OK (2023 Update)
- Chickasha Solar Installation Cost: $15,222
- 25-Year Savings: $24,195
- Payback Period: 9.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Chickasha
We break down average solar pricing in Chickasha.
The average cost of solar panels in Chickasha is 2.62 per watt. The average Chickasha homeowner needs a 8.3-kilowatt system, which would cost about $15,222 with the federal tax credit, or $21,767 before the 30% tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy needs, the type of solar panels you want, your solar contractor and more. For most homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $18,000 in savings on utility bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Chickasha
| Year | Return on Investment |
|---|---|
| 1 years | $-13,646 |
| 3 years | $-10,492 |
| 5 years | $-7,339 |
| 7 years | $-4,185 |
| 9 years | $-1,032 |
| 11 years | $2,121 |
| 13 years | $5,275 |
| 15 years | $8,428 |
| 17 years | $11,581 |
| 19 years | $14,735 |
| 21 years | $17,888 |
| 23 years | $21,041 |
| 25 years | $24,195 |
Top Solar Installers in Chickasha
Trying to put up solar panels yourself can be a dangerous task, which is why hiring a solar installer is a good option for many homeowners. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run due to their warranties, repair services and expert design.
If you'd like to start using solar energy but still aren't sure which solar panel company to go with, here are our suggestions for providers in Chickasha:
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 Chickasha
Factors that Affect Solar Panel Costs in Chickasha
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in Chickasha: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
One of the most important 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 power your household uses, the larger your system will likely need to be. You can expect to spend about $2,620 per kilowatt in Chickasha. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your power bills. Additionally, extra products, such as solar batteries, can bring your total well above the Chickasha average.
Solar Financing Terms
Many homeowners find the average cost of solar in Chickasha to be too steep, even if the investment pays off over time. Fortunately, almost every solar company in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in paying more over time due to interest. When figuring out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar installer you go with to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar installation companies operating throughout Chickasha, and each can charge varying amounts for labor and equipment. Additionally, some companies in Chickasha have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. 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 | $17,056 | 10.0 years |
| 8 kW | $2.67 | $14,965 | $23,035 | 9.8 years |
| 10 kW | $2.62 | $18,340 | $29,160 | 9.7 years |
| 12 kW | $2.57 | $21,568 | $35,433 | 9.5 years |
| 14 kW | $2.52 | $24,649 | $41,852 | 9.3 years |
| 16 kW | $2.46 | $27,583 | $48,417 | 9.1 years |
| 18 kW | $2.41 | $30,371 | $55,130 | 8.9 years |
| 20 kW | $2.36 | $33,012 | $61,989 | 8.7 years |
How to Save on Solar Panels
There are numerous companies available in Chickasha, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years in most cases provide good-quality solar panel installation and expertise.
- Installation Process: Make sure you're on the same page with the company regarding how the installation process will go and what needs to be done before your solar system is installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Although there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of offerings before making your decision.
- Contract: Review the contract terms carefully to make sure you understand how much it will cost, project 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 Chickasha, OK Solar Cost FAQs
What is the average cost of installing solar panels in Chickasha?
The average cost of solar panels in Chickasha 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 such as the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
The upfront cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Is it worth going solar in Chickasha?
Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.