Solar Panel Cost Guide in Hinton, OK (2024 Update)

  • Hinton Solar Installation Cost: $18,025
  • 25-Year Savings: $21,729
  • Payback Period: 12.2 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated June 24, 2024

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Hinton

Let’s have a look at the average cost of solar in Hinton.

The average cost of solar panels in Hinton is 3 per watt.Since a 8.2-kW system is needed to cover the energy consumption of a typical home in Hinton, the average price of going solar will be about $18,025 after claiming the federal solar tax credit of 0.

Bear in mind that the figures above are only estimates based on the average energy use of Hinton homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.For most homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Hinton see about $17,000 in savings on electricity bills over 20 years.

For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in Hinton

YearReturn on Investment
1 years$-16,815
3 years$-14,397
5 years$-11,979
7 years$-9,561
9 years$-7,142
11 years$-4,724
13 years$-2,306
15 years$113
17 years$2,531
19 years$4,949
21 years$7,368
23 years$9,786
25 years$12,204

Top Solar Installers in Hinton

When going solar, many homeowners decide to hire a solar installation company since overseeing your solar installation yourself can be a difficult project. Also, if you’d like to maximize your investment in solar, opting for a solar installer can help with that too. Different providers can offer warranties, expertise on how to install solar panels and sometimes even information on local incentives, rebates and net metering programs.

You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some in Hinton:

Advertisement

See all of the solar companies in Hinton

Factors that Affect Solar Panel Costs in Hinton

For many Hinton homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Hinton, 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

The size of the solar system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,130. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Hinton, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

If paying for solar panels in cash is too expensive, solar loans are a popular choice because they decrease your upfront costs and allow you to pay for your system over five to seven years on average.When figuring out your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can lower the total interest paid over time.

Solar Panel Installation Company

The solar company you choose to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar panel companies in Hinton, and each can charge different amounts for labor and equipment.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that has the products, warranties and services you’re looking for and also is within your budget.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$3.26$13,672$13,18012.7 years
8 kW$3.19$17,879$17,92412.5 years
10 kW$3.13$21,910$22,84312.2 years
12 kW$3.07$25,766$27,93712.0 years
14 kW$3.00$29,447$33,20711.7 years
16 kW$2.94$32,953$38,65111.5 years
18 kW$2.88$36,283$44,27211.3 years
20 kW$2.82$39,438$50,06711.0 years

How to Save on Solar Panels

The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:

  • Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
  • 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 quality aftercare and customer service, such as part repairs and replacements.
  • Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
  • Contract: When reading over your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
Advertisement

EcoWatch's Hinton, OK Solar Cost FAQs

What is the average cost of installing solar panels in Hinton?

The average cost of solar panels in Hinton is about $15,650 for a 5-kW system and $31,300 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you use.

Can you get solar panels for free in Hinton?

You can’t get solar panels for free in Hinton. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.

Do solar panels increase your property value?

Solar panels can increase your property’s value considerably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."

How often do you have to replace solar panels?

Although 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 the amount of energy they produce 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.