Solar Panel Cost Guide in Coweta, OK (2024 Update)
- Coweta Solar Installation Cost: $19,132
- 25-Year Savings: $22,531
- Payback Period: 12.4 Years
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Average Cost of Solar Panels in Coweta
Here’s how much it might cost to switch to solar power in Coweta.
The national average cost of solar panels is $2.66 per watt, but in Coweta it’s 3 per watt.The average solar panel system size in Coweta is around 8.7 kilowatts, meaning a cost of about $19,132 for a solar installation, or $27,359 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 true cost of making the switch to solar can vary quite a bit based on several factors, such as how many panels you need, your energy consumption and what solar installer you go with.But, once you've paid the upfront cost of installation, the ROI for most homeowners is typically fruitful, with a net average savings of about $17,000 over 20 years on electricity bills.
To get a free estimate from a top solar installation company in Coweta, you can click the button below.
Solar savings over time in Coweta
| Year | Return on Investment |
|---|---|
| 1 years | $-17,923 |
| 3 years | $-15,505 |
| 5 years | $-13,087 |
| 7 years | $-10,668 |
| 9 years | $-8,250 |
| 11 years | $-5,832 |
| 13 years | $-3,414 |
| 15 years | $-995 |
| 17 years | $1,423 |
| 19 years | $3,841 |
| 21 years | $6,260 |
| 23 years | $8,678 |
| 25 years | $11,096 |
Top Solar Installers in Coweta
When switching to solar energy, many homeowners decide to go with a solar installation company since handling can be a difficult project. Another advantage of utilizing a solar installer is that they can help you optimize your investment by cutting back on future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
Working with a licensed solar installer can help your solar project go smoothly. Here are our recommendations:
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 Coweta
Factors that Affect Solar Panel Costs in Coweta
Although the average cost of a solar system in Coweta is $19,132, your actual cost may be higher or lower than that. There are quite a few factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. For that reason, it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Coweta, where sunlight is relatively 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 a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That’s why many Coweta homeowners opt to finance their solar panel systems to offset upfront costs.It’s wise to add 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
A final consideration when trying to evaluate the cost of solar for your home or business in Coweta is the company you hire to install your PV system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services for different budgets.Companies that only sell high-efficiency and high-priced products — 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 find a company that offers the products, warranties and services you’re looking for and also is within 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 | $12,813 | 12.9 years |
| 8 kW | $3.19 | $17,879 | $17,435 | 12.7 years |
| 10 kW | $3.13 | $21,910 | $22,231 | 12.4 years |
| 12 kW | $3.07 | $25,766 | $27,204 | 12.2 years |
| 14 kW | $3.00 | $29,447 | $32,351 | 11.9 years |
| 16 kW | $2.94 | $32,953 | $37,674 | 11.7 years |
| 18 kW | $2.88 | $36,283 | $43,172 | 11.4 years |
| 20 kW | $2.82 | $39,438 | $48,845 | 11.2 years |
How to Save on Solar Panels
The solar panel company you choose will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, including:
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: It’s important to read your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Although there are many options for which model 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.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
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 Coweta, OK Solar Cost FAQs
What is the average cost of installing solar panels in Coweta?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $15,650 for a 5-kW system and $31,300 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Coweta have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future energy bills.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household 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.