Solar Panel Cost Guide in Chickasha, OK (2024 Update)
- Chickasha Solar Installation Cost: $18,181
- 25-Year Savings: $24,198
- Payback Period: 11.5 Years
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Average Cost of Solar Panels in Chickasha
Find out what the average cost of solar panel installation is in Chickasha.
The average cost of a solar system in Chickasha is 3 per watt.Using this figure, a typical 8.3-kW system would cost about $18,181 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of installing solar panels can vary depending on several factors, such as what size system you need, your energy usage and what company you go with.With typical savings of about $18,000 on power bills over 20 years, many homeowners in Chickasha find going solar can pay off big.
To get a free estimate from a vetted solar installer in Chickasha, you can click the button below.
Solar savings over time in Chickasha
| Year | Return on Investment |
|---|---|
| 1 years | $-16,944 |
| 3 years | $-14,469 |
| 5 years | $-11,994 |
| 7 years | $-9,519 |
| 9 years | $-7,044 |
| 11 years | $-4,569 |
| 13 years | $-2,094 |
| 15 years | $381 |
| 17 years | $2,856 |
| 19 years | $5,331 |
| 21 years | $7,806 |
| 23 years | $10,281 |
| 25 years | $12,756 |
Top Solar Installers in Chickasha
Although it's possible to install solar panels yourself, it takes extra labor and knowledge. For that reason, the majority of homeowners choose a solar panel installer. Solar warranties and repairs are often included in the cost of installation when you sign a contract with a solar company too, which can save you more money over time.
If you're on the hunt for a solar company in Chickasha, we've compiled a list of our top suggestions here:
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 Chickasha
Factors that Affect Solar Panel Costs in Chickasha
There are many criteria that can influence your solar panel 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 size of the solar energy system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,130. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Chickasha, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are a popular option 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.Even though solar loans make going solar more accessible for Chickasha homeowners, they can also increase the total you pay for your system, depending on your interest rate. 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 installation company you choose will affect your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and choose a company that provides the products, warranties and services you want and also fit into 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 | $3.26 | $13,672 | $14,828 | 12.0 years |
| 8 kW | $3.19 | $17,879 | $20,122 | 11.8 years |
| 10 kW | $3.13 | $21,910 | $25,590 | 11.5 years |
| 12 kW | $3.07 | $25,766 | $31,234 | 11.3 years |
| 14 kW | $3.00 | $29,447 | $37,054 | 11.1 years |
| 16 kW | $2.94 | $32,953 | $43,048 | 10.8 years |
| 18 kW | $2.88 | $36,283 | $49,218 | 10.6 years |
| 20 kW | $2.82 | $39,438 | $55,563 | 10.4 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose considerably impacts your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: When reading over your solar installer’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a good company.
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 Chickasha, OK Solar Cost FAQs
What is the average cost of installing solar panels in Chickasha?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $15,650 for a 5-kW system and $31,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in Chickasha?
You can’t get solar panels for free in Chickasha. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Chickasha?
The majority of states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Chickasha?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.