Solar Panel Cost Guide in Harrah, OK (2024 Update)
- Harrah Solar Installation Cost: $18,479
- 25-Year Savings: $22,215
- Payback Period: 12.3 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Harrah
Find out how much it might cost to make the switch to solar in Harrah.
The national average cost of solar panels is $2.66 per watt, but in Harrah it’s 3 per watt.To cover the typical energy needs of the average home in Harrah, most homeowners require a 8.4-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,479, or $26,425 before the federal solar tax credit of 0 is applied.
The true cost of your system can go above or below the average in Harrah depending on a few factors, such as the kind of solar panels you choose and the solar company you hire.For many homeowners, the upfront cost of solar is worth paying. On average homeowners in Harrah see about $17,000 in savings on utility bills over 20 years.
To get a free estimate from a highly rated solar installer in Harrah, you can click the button below.
Solar savings over time in Harrah
Year | Return on Investment |
---|---|
1 years | $-17,270 |
3 years | $-14,852 |
5 years | $-12,434 |
7 years | $-10,015 |
9 years | $-7,597 |
11 years | $-5,179 |
13 years | $-2,760 |
15 years | $-342 |
17 years | $2,076 |
19 years | $4,495 |
21 years | $6,913 |
23 years | $9,331 |
25 years | $11,749 |
Top Solar Installers in Harrah
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Hiring a solar company can make swapping over to solar power much easier. Plus, warranties and repairs from your solar panel installer can protect your investment and reduce the cost of maintenance in the long run.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Harrah
Factors that Affect Solar Panel Costs in Harrah
For many Harrah 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 Harrah, with typical prices between $20,000 to $40,000. There are a number of factors that greatly 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 energy your household uses, the larger your system will likely need to be. You can expect to pay around $3,130 per kilowatt in Harrah.There are a lot of different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Harrah, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible.When figuring out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you hire to install your solar system can play a part in determining how much it costs. Harrah’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and decide on the company that provides the products, warranties and services you’re looking for 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 | $3.26 | $13,672 | $13,136 | 12.7 years |
8 kW | $3.19 | $17,879 | $17,865 | 12.5 years |
10 kW | $3.13 | $21,910 | $22,769 | 12.3 years |
12 kW | $3.07 | $25,766 | $27,849 | 12.0 years |
14 kW | $3.00 | $29,447 | $33,104 | 11.8 years |
16 kW | $2.94 | $32,953 | $38,534 | 11.5 years |
18 kW | $2.88 | $36,283 | $44,140 | 11.3 years |
20 kW | $2.82 | $39,438 | $49,921 | 11.0 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose considerably impacts your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: The kind of solar panel you want to get plays a part in which company you should choose, since different companies offer different panels.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project timeline.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Harrah, OK Solar Cost FAQs
What is the average cost of installing solar panels in Harrah?
This is a tough question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $15,650 for a 5-kW system and $31,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Harrah?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future electricity bills.
How long do solar panels last in Harrah?
Even though 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 how much energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can keep using 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.