Solar Panel Cost Guide in Grove, OK (2023 Update)
- Grove Solar Installation Cost: $16,213
- 25-Year Savings: $23,936
- Payback Period: 10.1 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Grove
Find out how much it might cost to install solar panels in Grove.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Grove, the average cost of solar panels is 2.62 per watt. Using this figure, a typical 8.8-kW system would cost about $16,213 before the 30% federal solar tax credit is applied.
How much you pay can be above or below the average in Grove based on a variety of factors, such as the type of solar panels you choose and the solar company you hire. Many homeowners find going solar is a fruitful investment. The average homeowner in Grove can save about $17,000 on their energy bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Grove
| Year | Return on Investment |
|---|---|
| 1 years | $-14,607 |
| 3 years | $-11,395 |
| 5 years | $-8,183 |
| 7 years | $-4,971 |
| 9 years | $-1,759 |
| 11 years | $1,453 |
| 13 years | $4,665 |
| 15 years | $7,877 |
| 17 years | $11,089 |
| 19 years | $14,301 |
| 21 years | $17,513 |
| 23 years | $20,725 |
| 25 years | $23,936 |
Top Solar Installers in Grove
Although you can install solar panels yourself, it takes extra effort and handiness. That's why almost all homeowners choose to go with a solar panel installer. Companies can also offer access to various kinds of the best solar panels and help you decide which one will be right for your family.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
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 Grove
Factors that Affect Solar Panel Costs in Grove
For many Grove homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Grove, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That's why it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your electric bills. In addition, add-on products, such as solar batteries, can bring your total well above the Grove average.
Solar Financing Terms
Most solar installers in Grove offer solar loans, which reduce your upfront costs of installing solar. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you go with to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies in Grove, and each can charge different amounts for labor and equipment. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $15,822 | 10.5 years |
| 8 kW | $2.67 | $14,965 | $21,389 | 10.3 years |
| 10 kW | $2.62 | $18,340 | $27,103 | 10.1 years |
| 12 kW | $2.57 | $21,568 | $32,964 | 9.9 years |
| 14 kW | $2.52 | $24,649 | $38,971 | 9.7 years |
| 16 kW | $2.46 | $27,583 | $45,126 | 9.5 years |
| 18 kW | $2.41 | $30,371 | $51,427 | 9.3 years |
| 20 kW | $2.36 | $33,012 | $57,874 | 9.1 years |
How to Save on Solar Panels
There are numerous companies available in Grove, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Although reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: The kind of solar panel you want to get plays a role in which company you should opt for, since different companies offer different panels.
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
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 Grove, OK Solar Cost FAQs
What is the average cost of installing solar panels in Grove?
This is a hard 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 other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Grove?
Leasing solar panels can be an option if you can't afford to pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Does Grove have a net metering program?
Each state has some kind 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 give you credit toward your future utility bills.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.