Solar Panel Cost Guide in Glenpool, OK (2023 Update)
- Glenpool Solar Installation Cost: $15,919
- 25-Year Savings: $23,058
- Payback Period: 10.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Glenpool
Find out how much it might cost to install solar panels in Glenpool.
The average cost of solar panels in Glenpool is 2.62 per watt. The average Glenpool homeowner needs a 8.7-kilowatt system, which would cost about $15,919 with the federal tax credit, or $22,764 before the 30% tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy use, the type of solar system you want, your solar contractor and more. But, once you've paid the upfront cost of installation, the ROI for most homeowners is usually rewarding, with a net average savings of about $17,000 over 20 years on electricity bills.
You can click the button below to get connected with a pre-vetted solar installer in Glenpool that can help you get a more accurate cost estimate for your home.
Solar savings over time in Glenpool
| Year | Return on Investment |
|---|---|
| 1 years | $-14,360 |
| 3 years | $-11,242 |
| 5 years | $-8,124 |
| 7 years | $-5,006 |
| 9 years | $-1,887 |
| 11 years | $1,231 |
| 13 years | $4,349 |
| 15 years | $7,467 |
| 17 years | $10,585 |
| 19 years | $13,703 |
| 21 years | $16,821 |
| 23 years | $19,939 |
| 25 years | $23,058 |
Top Solar Installers in Glenpool
Many homeowners opt for a solar panel company since trying to install solar panels by yourself can be hard. Plus, if you aren't sure what type of solar panels and equipment you may need, a solar company can help you find the right equipment for you after a site survey and consultation.
If you're searching for a solar installer in Glenpool, we've compiled a list of our top suggestions here:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Glenpool
Factors that Affect Solar Panel Costs in Glenpool
Even though the average cost of a solar system in Glenpool is $15,919, your actual cost may differ. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation need 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 $2,620. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Glenpool, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are provided by most installers in Glenpool, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar installation company you choose will play a role in your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor. Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $15,484 | 10.6 years |
| 8 kW | $2.67 | $14,965 | $20,939 | 10.4 years |
| 10 kW | $2.62 | $18,340 | $26,540 | 10.2 years |
| 12 kW | $2.57 | $21,568 | $32,288 | 10.0 years |
| 14 kW | $2.52 | $24,649 | $38,183 | 9.8 years |
| 16 kW | $2.46 | $27,583 | $44,225 | 9.6 years |
| 18 kW | $2.41 | $30,371 | $50,413 | 9.4 years |
| 20 kW | $2.36 | $33,012 | $56,748 | 9.2 years |
How to Save on Solar Panels
The solar panel company you opt for will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, such as:
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years likely offer good-quality solar panel installation and expertise.
- Solar Panel Brands: The model of solar panel you'd like to get plays a role in which installer you should go with, since different companies offer different panels.
- Contract: It's important to read your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Glenpool, OK Solar Cost FAQs
How much does it cost to install solar panels in Glenpool?
This is a tough question to answer precisely, because the cost depends on a variety of 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. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Glenpool?
Solar panels aren't free in Glenpool, 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.
Do solar panels increase how much your home is worth?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How long do solar panels last in Glenpool?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.