Solar Panel Cost Guide in El Reno, OK (2023 Update)
- El Reno Solar Installation Cost: $15,309
- 25-Year Savings: $24,582
- Payback Period: 9.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in El Reno
Here's how much it might cost to go solar in El Reno.
While the national average of solar panels is $2.66 per watt, solar panels in El Reno generally cost around 2.62. The average solar panel system size in El Reno is around 8.3 kilowatts, meaning a cost of about $15,314 for a solar installation, or $21,899 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 panel system could cost. The true cost of installing solar panels can vary quite a bit based on several factors, such as what size system you need, your energy consumption and what installation company you go with. Many homeowners find going solar is a fruitful investment. The average homeowner in El Reno can save about $18,000 on their electricity bills over 20 years.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in El Reno
| Year | Return on Investment |
|---|---|
| 1 years | $-14,037 |
| 3 years | $-11,493 |
| 5 years | $-8,949 |
| 7 years | $-6,405 |
| 9 years | $-3,861 |
| 11 years | $-1,318 |
| 13 years | $1,226 |
| 15 years | $3,770 |
| 17 years | $6,314 |
| 19 years | $8,858 |
| 21 years | $11,402 |
| 23 years | $13,946 |
| 25 years | $16,489 |
Top Solar Installers in El Reno
When switching to solar energy, many homeowners decide to use a solar installer since DIY solar panel installation can be a challenging project. Plus, if you aren't sure what brand of solar panels and equipment you may need, a solar installer can help you find the right equipment for you after a site survey and consultation.
Working with a professional solar installer can make going solar easier. 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 El Reno
Factors that Affect Solar Panel Costs in El Reno
The cost of installing a solar system in El Reno can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,620. There are a lot of different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that are more efficient tend to also cost more. In addition, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That's why many El Reno homeowners opt to finance their solar panel systems to make paying for solar more affordable. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in El Reno, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in El Reno have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $17,229 | 10.0 years |
| 8 kW | $2.67 | $14,965 | $23,266 | 9.8 years |
| 10 kW | $2.62 | $18,340 | $29,449 | 9.6 years |
| 12 kW | $2.57 | $21,568 | $35,779 | 9.4 years |
| 14 kW | $2.52 | $24,649 | $42,256 | 9.2 years |
| 16 kW | $2.46 | $27,583 | $48,879 | 9.0 years |
| 18 kW | $2.41 | $30,371 | $55,649 | 8.8 years |
| 20 kW | $2.36 | $33,012 | $62,566 | 8.6 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Read the contract terms thoroughly to make sure you understand the overall cost, project completion timeline incentives and warranties.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should acquire and how long the project will take.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality 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
EcoWatch's El Reno, OK Solar Cost FAQs
What is the average cost of installing solar panels in El Reno?
The average cost of solar panels in El Reno is about $13,100 for a 5-kW system and $26,200 for a 10-kW system before the ITC, but the actual cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in El Reno?
You can't get solar panels for free in El Reno. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Does El Reno have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to 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 how many solar panels you need, you should find out how much energy your home uses 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 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.