Solar Panel Cost Guide in Del City, OK (2024 Update)
- Del City Solar Installation Cost: $18,479
- 25-Year Savings: $11,749
- Payback Period: 12.5 Years
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Average Cost of Solar Panels in Del City
We break down average solar pricing in Del City.
The national average cost of solar panels is $2.66 per watt, but in Del City it’s 3 per watt.To account for the typical energy usage of the average home in Del City, most homeowners require a 8.4-kilowatt system. Using the per-watt figure above, a solar installation costs about $18,479, or $26,425 before the federal solar tax credit of 0 is applied.
These figures are only estimates, and how much solar costs for you may differ based on factors unique to your home and what company you go with.But, after you've paid the initial cost of installation, the payback for most homeowners is typically good, with a net average savings of about $17,000 over 20 years on electricity bills.
Click the button below to get connected to a vetted solar panel company in your area for a customized estimate.
Solar savings over time in Del City
Year | Return on Investment |
---|---|
1 years | $-17,270 |
3 years | $-14,852 |
5 years | $-12,434 |
7 years | $-10,015 |
9 years | $-7,597 |
11 years | $-5,179 |
13 years | $-2,760 |
15 years | $-342 |
17 years | $2,076 |
19 years | $4,495 |
21 years | $6,913 |
23 years | $9,331 |
25 years | $11,749 |
Top Solar Installers in Del City
Many homeowners choose to hire a solar panel company since figuring out how to install solar panels yourself can be time-consuming. The expertise that solar companies provide can be valuable as well, especially if you don’t quite know what brand of solar equipment would be right for your home.
If you’d like to switch to solar energy but still aren’t sure which solar company to go with, here are our suggestions for providers near you:
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 Del City
Factors that Affect Solar Panel Costs in Del City
For many Del City homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Del City, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,130.The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Del City to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in paying more over time because of interest.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar panel installer you pick will influence your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.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 decide on the company that provides the products, warranties and services you’re looking for and also fits 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 | $12,516 | 13.1 years |
8 kW | $3.19 | $17,879 | $17,039 | 12.8 years |
10 kW | $3.13 | $21,910 | $21,737 | 12.5 years |
12 kW | $3.07 | $25,766 | $26,610 | 12.3 years |
14 kW | $3.00 | $29,447 | $31,659 | 12.0 years |
16 kW | $2.94 | $32,953 | $36,882 | 11.8 years |
18 kW | $2.88 | $36,283 | $42,281 | 11.5 years |
20 kW | $2.82 | $39,438 | $47,856 | 11.3 years |
How to Save on Solar Panels
There are numerous companies to choose from in Del City, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
- Warranty: Warranties that cover panel repairs and maintenance 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 sign of a good company.
- Contract: Before you sign a contract with a solar company, make sure you look it over carefully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Solar Panel Brands: Different companies will carry various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel installer 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
EcoWatch's Del City, OK Solar Cost FAQs
How much does it cost to install solar panels in Del City?
This is a difficult question to answer exactly, because the cost depends on a few different 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 be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Are solar panels free in Del City?
A solar panel system isn’t free in Del City, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Does Del City 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 give you credit toward your future power bills.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases 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.