Solar Panel Cost Guide in Coweta, OK (Mar 2023)
- Coweta Solar Installation Cost: $16,011
- 25-Year Savings: $22,535
- Payback Period: 10.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Coweta
Find out how much it might cost to switch to solar power in Coweta.
In Coweta, solar panels cost about 2.62 per watt on average. The average solar panel system size in Coweta is around 8.7 kilowatts, meaning a cost of about $16,011 for a solar installation, or $22,896 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Coweta homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. But, after you've paid the initial cost of installation, the payback for most homeowners is usually good, with a net average savings of about $17,000 over 20 years on utility bills.
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 Coweta
Year | Return on Investment |
---|---|
1 years | $-14,469 |
3 years | $-11,385 |
5 years | $-8,302 |
7 years | $-5,218 |
9 years | $-2,134 |
11 years | $949 |
13 years | $4,033 |
15 years | $7,117 |
17 years | $10,200 |
19 years | $13,284 |
21 years | $16,368 |
23 years | $19,451 |
25 years | $22,535 |
Top Solar Installers in Coweta
Many homeowners opt for a solar panel company since installing solar panels by yourself can be a labor-intensive endeavor. Companies can also offer access to various kinds of the best solar panels and help you decide which one will be right for your family.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Coweta
Factors that Affect Solar Panel Costs in Coweta
The cost of installing a solar system in Coweta can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest 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 cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,620. 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. On the other hand, more efficient panels could save you more in the long run on your power bills. In addition, extra products, like solar batteries, can bring your total well above the Coweta average.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Coweta homeowners choose to finance their solar panel systems to offset upfront costs. When figuring out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you choose to install your solar system can influence your pricing. Coweta's solar companies all have different labor costs and add varying upcharges to equipment. The company's size can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $15,041 | 10.8 years |
8 kW | $2.67 | $14,965 | $20,348 | 10.6 years |
10 kW | $2.62 | $18,340 | $25,801 | 10.4 years |
12 kW | $2.57 | $21,568 | $31,402 | 10.2 years |
14 kW | $2.52 | $24,649 | $37,149 | 10.0 years |
16 kW | $2.46 | $27,583 | $43,043 | 9.8 years |
18 kW | $2.41 | $30,371 | $49,083 | 9.6 years |
20 kW | $2.36 | $33,012 | $55,271 | 9.3 years |
How to Save on Solar Panels
There are numerous companies to choose from in Coweta, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely provide quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. While there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before making your decision.
- Contract: When looking through your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
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 Coweta, OK Solar Cost FAQs
What is the average cost of installing solar panels in Coweta?
The average cost of solar panels in Coweta 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 stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Coweta?
A solar panel system isn't free in Coweta, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How much can I save on energy bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Coweta, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Coweta?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.
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.