Solar Panel Cost Guide in Heavener, OK (2023 Update)
- Heavener Solar Installation Cost: $16,098
- 25-Year Savings: $21,782
- Payback Period: 10.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Heavener
Find out how much it might cost to switch to solar power in Heavener.
Although the national average of solar panels is $2.66 per watt, solar panels in Heavener generally cost around 2.62. Using this figure, a typical 8.8-kW system would cost about $16,103 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of going solar can vary depending on several factors, such as what size system you need, your energy consumption and what installation company you go with. With average savings of about $16,000 on electricity bills over 20 years, many homeowners in Heavener find going solar can be quite rewarding.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Heavener
| Year | Return on Investment |
|---|---|
| 1 years | $-15,972 |
| 3 years | $-15,720 |
| 5 years | $-15,467 |
| 7 years | $-15,214 |
| 9 years | $-14,962 |
| 11 years | $-14,709 |
| 13 years | $-14,457 |
| 15 years | $-14,204 |
| 17 years | $-13,952 |
| 19 years | $-13,699 |
| 21 years | $-13,447 |
| 23 years | $-13,194 |
| 25 years | $-12,942 |
Top Solar Installers in Heavener
Many homeowners opt for a solar installer since trying to put up solar panels on your own can be time-consuming. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and part replacements.
If you'd like to switch to solar energy but still aren't certain which solar panel company to go with, here are our recommendations for providers nearby:
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 Heavener
Factors that Affect Solar Panel Costs in Heavener
The cost of installing a solar system in Heavener can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That's why it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. The brand of solar panels and equipment you get is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment consists of more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Heavener homeowners choose to finance their solar panel systems to make going solar more affordable. While solar loans make adopting solar energy more accessible for Heavener homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panels can play a role in determining how much it costs. Heavener's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Heavener have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 | $14,449 | 11.0 years |
| 8 kW | $2.67 | $14,965 | $19,558 | 10.8 years |
| 10 kW | $2.62 | $18,340 | $24,815 | 10.6 years |
| 12 kW | $2.57 | $21,568 | $30,218 | 10.4 years |
| 14 kW | $2.52 | $24,649 | $35,768 | 10.2 years |
| 16 kW | $2.46 | $27,583 | $41,464 | 10.0 years |
| 18 kW | $2.41 | $30,371 | $47,307 | 9.8 years |
| 20 kW | $2.36 | $33,012 | $53,297 | 9.6 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Heavener, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: When looking through your solar installer's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely provide high-quality solar panel installation and expertise.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
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 Heavener, OK Solar Cost FAQs
What is the average cost of installing solar panels in Heavener?
The average cost of solar panels in Heavener 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 such as the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost 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 keep in mind are the quality and durability of your solar panels.
How much can I save on power bills after switching to solar?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Heavener, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Heavener?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can 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.