Solar Panel Cost Guide in Harrah, OK (Mar 2023)
- Harrah Solar Installation Cost: $15,461
- 25-Year Savings: $22,223
- Payback Period: 10.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Harrah
Find out how much it might cost to install solar panels in Harrah.
In Harrah, solar panels cost about 2.62 per watt on average. Since a 8.4-kW system is needed to cover the energy usage of a typical home in Harrah, the average price of going solar will be about $15,461 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of installing solar panels can vary based on multiple factors, such as what size system you need, your energy usage and what installation company you go with. With typical savings of about $17,000 on energy bills over 20 years, many homeowners in Harrah find going solar can be quite rewarding.
You can click the button below to get connected with a vetted solar company in Harrah for a quote for your home.
Solar savings over time in Harrah
| Year | Return on Investment |
|---|---|
| 1 years | $-13,953 |
| 3 years | $-10,939 |
| 5 years | $-7,924 |
| 7 years | $-4,909 |
| 9 years | $-1,895 |
| 11 years | $1,120 |
| 13 years | $4,135 |
| 15 years | $7,149 |
| 17 years | $10,164 |
| 19 years | $13,179 |
| 21 years | $16,194 |
| 23 years | $19,208 |
| 25 years | $22,223 |
Top Solar Installers in Harrah
Trying to install solar panels on your own can be a dangerous undertaking, which is why hiring a solar installation company is a good option for many homeowners. Companies can also have access to quality options of the best solar panels and help you choose which one will be right for your home.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some near you:
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 Harrah
Factors that Affect Solar Panel Costs in Harrah
While the average cost of a solar system in Harrah is $15,461, your final cost may differ. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay about $2,620 per kilowatt in Harrah. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag 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 can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That's why many Harrah homeowners decide to finance their solar panel systems to offset upfront costs. When estimating your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you pick will affect your total cost to make the switch to solar energy. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in Harrah are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $15,363 | 10.7 years |
| 8 kW | $2.67 | $14,965 | $20,778 | 10.5 years |
| 10 kW | $2.62 | $18,340 | $26,339 | 10.3 years |
| 12 kW | $2.57 | $21,568 | $32,047 | 10.1 years |
| 14 kW | $2.52 | $24,649 | $37,902 | 9.9 years |
| 16 kW | $2.46 | $27,583 | $43,904 | 9.6 years |
| 18 kW | $2.41 | $30,371 | $50,052 | 9.4 years |
| 20 kW | $2.36 | $33,012 | $56,347 | 9.2 years |
How to Save on Solar Panels
There are many companies to choose from in Harrah, 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:
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: Before signing a contract with a solar company, make sure you read it through carefully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
- Installation Process: When making the switch to solar energy, it's important to maintain an open line of communication with your solar panel company. See to it that you understand how the installation process works and the completion timeline.
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 Harrah, OK Solar Cost FAQs
How much does it cost to install solar panels in Harrah?
The average cost of solar panels in Harrah is about $13,100 for a 5-kW system and $26,200 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind 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?
The initial cost is a key factor to consider, but whether it's the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can solar panels eliminate my power bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $893.59 per year.
How long do solar panels last in Harrah?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases 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.