Solar Panel Cost Guide in Cushing, OK (Mar 2023)
- Cushing Solar Installation Cost: $15,681
- 25-Year Savings: $22,200
- Payback Period: 10.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Cushing
Let's take a look at the average cost of solar in Cushing.
The national average cost of solar panels is $2.66 per watt, but in Cushing it's 2.62 per watt. The average solar panel system size in Cushing is around 8.6 kilowatts, meaning a cost of about $15,681 for a solar installation, or $22,424 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of going solar can vary quite a bit depending on a few factors, such as what size system you need, your energy usage and what company you go with. Many homeowners find going solar is a fruitful investment. The average homeowner in Cushing can save around $17,000 on their energy bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Cushing that can help you get a more accurate cost estimate for your home.
Solar savings over time in Cushing
| Year | Return on Investment |
|---|---|
| 1 years | $-14,165 |
| 3 years | $-11,135 |
| 5 years | $-8,105 |
| 7 years | $-5,074 |
| 9 years | $-2,044 |
| 11 years | $987 |
| 13 years | $4,017 |
| 15 years | $7,048 |
| 17 years | $10,078 |
| 19 years | $13,109 |
| 21 years | $16,139 |
| 23 years | $19,170 |
| 25 years | $22,200 |
Top Solar Installers in Cushing
Trying to put up solar panels yourself can be a stressful task, which is why hiring a solar installer is a good option for many homeowners. The expertise that solar installers offer can be useful as well, particularly if you don't quite know what kind of solar equipment you need.
Working with a vetted 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
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 Cushing
Factors that Affect Solar Panel Costs in Cushing
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that determine your overall cost in Cushing: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,620. There are many different solar panel brands and the one you choose also changes the cost. Typically, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in Cushing, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable. 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 how long it'll take to pay off the loan.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies in Cushing, and each can charge different amounts for labor and equipment. The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and better 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 lower 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 | $15,151 | 10.8 years |
| 8 kW | $2.67 | $14,965 | $20,494 | 10.6 years |
| 10 kW | $2.62 | $18,340 | $25,985 | 10.3 years |
| 12 kW | $2.57 | $21,568 | $31,622 | 10.1 years |
| 14 kW | $2.52 | $24,649 | $37,406 | 9.9 years |
| 16 kW | $2.46 | $27,583 | $43,336 | 9.7 years |
| 18 kW | $2.41 | $30,371 | $49,413 | 9.5 years |
| 20 kW | $2.36 | $33,012 | $55,637 | 9.3 years |
How to Save on Solar Panels
There are numerous companies available in Cushing, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Well-established companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
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 Cushing, OK Solar Cost FAQs
How much does it cost to install solar panels in Cushing?
This is a hard question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $13,100 for a 5-kW system and $26,200 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 consumption. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Cushing?
A solar panel system isn't free in Cushing, 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 help lower the cost.
Can solar panels significantly reduce my energy bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $886.49 per year.
How many solar panels do I need to power my home?
To figure out how many solar panels 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 generally produce about 250 to 400 watt-hours per hour, the average house 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.