Solar Panel Cost Guide in El Reno, OK (2023 Update)
- El Reno Solar Installation Cost: $15,314
- 25-Year Savings: $24,577
- Payback Period: 9.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in El Reno
Find out what the average cost of a solar system is in El Reno.
The national average cost of solar panels is $2.66 per watt, but in El Reno it's 2.62 per watt. The average El Reno homeowner needs a 8.3-kilowatt system, which would cost about $15,314 with the federal tax credit, or $21,899 before the 30% tax credit is applied.
How much you pay can go higher or lower than the average in El Reno based on a few factors, such as the brand of solar panels you choose and the solar installer you hire. With typical savings of about $18,000 on utility bills over 20 years, many homeowners in El Reno find investing in solar has a decent ROI.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in El Reno
| Year | Return on Investment |
|---|---|
| 1 years | $-13,718 |
| 3 years | $-10,527 |
| 5 years | $-7,336 |
| 7 years | $-4,144 |
| 9 years | $-953 |
| 11 years | $2,238 |
| 13 years | $5,429 |
| 15 years | $8,621 |
| 17 years | $11,812 |
| 19 years | $15,003 |
| 21 years | $18,194 |
| 23 years | $21,386 |
| 25 years | $24,577 |
Top Solar Installers in El Reno
When going solar, many homeowners prefer to hire a solar company since overseeing your solar installation yourself can be a time-consuming project. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.
If you're looking for a solar installer in El Reno, we've put together a list of our top suggestions here:
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 El Reno
Factors that Affect Solar Panel Costs in El Reno
There are a number of factors that can influence your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the price of a solar energy system in El Reno, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can figure out by looking at past electricity bills. Your total cost can increase by about $2,620 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like El Reno, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited 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
Most solar companies in El Reno provide solar loans, which reduce the initial cost of installing solar panels. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The remaining major cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in El Reno, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. 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 has the products, warranties and services you want and also fit into 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 | $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 type of solar panels and the installer you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Read the contract terms closely to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Installation Process: Make sure you're on the same page with the company regarding how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Different companies will have various brands and kinds of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
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 El Reno, OK Solar Cost FAQs
How much does it cost to install solar panels in El Reno?
This is a difficult question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $13,100 for a 5-kW system and $26,200 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my power bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners in El Reno, that will require at least a 10-kW system. Not all homes will have roofs that 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.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know 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 home 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.