Solar Panel Cost Guide in Glenpool, OK (2024 Update)
- Glenpool Solar Installation Cost: $19,028
- 25-Year Savings: $23,049
- Payback Period: 12.2 Years
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Average Cost of Solar Panels in Glenpool
Find out what the average cost of solar panels are in Glenpool.
The average cost of solar panels in Glenpool is 3 per watt.Since a 8.7-kW system is needed to cover the energy usage of a typical home in Glenpool, the average price of going solar will be about $19,028 after claiming the federal solar tax credit of 0.
The actual price you pay can go above or below the average in Glenpool depending on a variety of factors, such as the type of solar panels you choose and the solar contractor you hire.Many homeowners find installing solar panels is a sound investment. The average homeowner in Glenpool can save about $17,000 on their power bills over 20 years.
You can click the button below to get connected with a top solar company in Glenpool for a quote for your home.
Solar savings over time in Glenpool
Year | Return on Investment |
---|---|
1 years | $-17,812 |
3 years | $-15,379 |
5 years | $-12,947 |
7 years | $-10,514 |
9 years | $-8,082 |
11 years | $-5,649 |
13 years | $-3,217 |
15 years | $-784 |
17 years | $1,648 |
19 years | $4,080 |
21 years | $6,513 |
23 years | $8,945 |
25 years | $11,378 |
Top Solar Installers in Glenpool
Many homeowners opt for a solar installation company since figuring out how to install solar panels on your own can be a labor-intensive endeavor. Plus, warranties and repairs from your solar panel company can protect your investment and reduce the cost of maintenance in the long run.
If you're on the hunt for a solar company in Glenpool, 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
See all of the solar companies in Glenpool
Factors that Affect Solar Panel Costs in Glenpool
For many Glenpool homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Glenpool, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend about $3,130 per kilowatt in Glenpool.The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted 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 limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are provided by most installers in Glenpool, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also adds to your total costs, so it’s vital to take that into consideration as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Glenpool is the company you choose to install your solar system. As with choosing a company to build a deck or pool, for example, there’s no shortage of solar installers that offer a range of services for different budgets.Additionally, some companies in Glenpool know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. 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 | $3.26 | $13,672 | $13,256 | 12.7 years |
8 kW | $3.19 | $17,879 | $18,025 | 12.4 years |
10 kW | $3.13 | $21,910 | $22,970 | 12.2 years |
12 kW | $3.07 | $25,766 | $28,090 | 12.0 years |
14 kW | $3.00 | $29,447 | $33,385 | 11.7 years |
16 kW | $2.94 | $32,953 | $38,855 | 11.5 years |
18 kW | $2.88 | $36,283 | $44,501 | 11.2 years |
20 kW | $2.82 | $39,438 | $50,322 | 11.0 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. While there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of offerings before deciding.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
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
What is the average cost of installing solar panels in Glenpool?
The average cost of solar panels in Glenpool is about $15,650 for a 5-kW system and $31,300 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Glenpool?
Most states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
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 goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount 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.