Solar Panel Cost Guide in Claremore, OK (Mar 2023)
- Claremore Solar Installation Cost: $15,992
- 25-Year Savings: $25,028
- Payback Period: 9.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Claremore
Find out what the average cost of a solar system is in Claremore.
The average cost of a solar system in Claremore is 2.62 per watt. Using this figure, a typical 8.7-kW system would cost about $15,992 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of installing solar panels can vary quite a bit based on several factors, such as how many panels you need, your energy consumption and what company you go with. With average savings of about $18,000 on power bills over 20 years, many homeowners in Claremore find investing in solar has a decent ROI.
You can click the button below to get connected with a vetted solar company in Claremore that can help you get a more accurate cost estimate for your home.
Solar savings over time in Claremore
| Year | Return on Investment |
|---|---|
| 1 years | $-14,352 |
| 3 years | $-11,070 |
| 5 years | $-7,788 |
| 7 years | $-4,507 |
| 9 years | $-1,225 |
| 11 years | $2,057 |
| 13 years | $5,338 |
| 15 years | $8,620 |
| 17 years | $11,901 |
| 19 years | $15,183 |
| 21 years | $18,465 |
| 23 years | $21,746 |
| 25 years | $25,028 |
Top Solar Installers in Claremore
Trying to put up solar panels yourself can be a challenging task, which is why using a solar installation company is a good option for many homeowners. Some solar companies, particularly local ones, can help you take advantage of incentives in Claremore, therefore optimizing your ROI.
If you're looking for a solar installer in Claremore, 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
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 Claremore
Factors that Affect Solar Panel Costs in Claremore
For many Claremore homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Claremore, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your energy bills. In addition, extra products, like solar batteries, can bring your total well above the Claremore average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Claremore, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the booming popularity of sustainable energy solutions in Claremore, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $16,767 | 10.1 years |
| 8 kW | $2.67 | $14,965 | $22,650 | 9.9 years |
| 10 kW | $2.62 | $18,340 | $28,679 | 9.8 years |
| 12 kW | $2.57 | $21,568 | $34,855 | 9.6 years |
| 14 kW | $2.52 | $24,649 | $41,177 | 9.4 years |
| 16 kW | $2.46 | $27,583 | $47,647 | 9.2 years |
| 18 kW | $2.41 | $30,371 | $54,263 | 9.0 years |
| 20 kW | $2.36 | $33,012 | $61,026 | 8.8 years |
How to Save on Solar Panels
There are numerous companies available in Claremore, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Contract: Before signing a contract with a solar installer, be sure to read it through fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
- Solar Panel Brands: Different companies will have different brands and kinds of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
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 Claremore, OK Solar Cost FAQs
How much does it cost to install solar panels in Claremore?
This is a tough question to answer exactly, because the cost depends on a few different 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 cost more if you want extra 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 opt for a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is a very important 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 trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Is it worth going solar in Claremore?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home needs 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 home 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.