Solar Panel Cost Guide in Lawton, OK (Aug 2022)

  • Lawton Solar Installation Cost: $15,762
  • 25-Year Savings: $23,476
  • Payback Period: 10.0 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 7/19/2022

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Average Cost of Solar Panels in Lawton

Let's take a look at the average cost of solar panels in Lawton.

Although the national average of solar panels is $2.66 per watt, solar panels in Lawton typically cost around $3. The average Lawton homeowner needs an 8.1-kilowatt system, which would cost about $15,762, or $11,664 after the federal solar tax credit is applied.

The true price you pay can be higher or lower than the average in Lawton based on several factors, such as the type of solar panels you choose and the solar installer you hire. With typical savings of about $18,000 on electricity bills over 20 years, many homeowners in Lawton find installing solar panels can be quite rewarding.

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

Solar savings over time in Lawton

Year Return on Investment
1 years $-14,193
3 years $-11,054
5 years $-7,915
7 years $-4,776
9 years $-1,636
11 years $1,503
13 years $4,642
15 years $7,781
17 years $10,920
19 years $14,059
21 years $17,198
23 years $20,337
25 years $23,476

Top Solar Installers in Lawton

Many homeowners opt for a solar panel installer since trying to put up solar panels on your own can be a lot of work. The expertise that solar companies offer can be helpful as well, particularly if you don't quite know what type of solar equipment would be right for your home.

There are a number of licensed solar professionals that can help you install your solar system. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • 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

The Green Panel

★★★★★
4.5

  • 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

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

See all of the solar companies in Lawton

Factors that Affect Solar Panel Costs in Lawton

For many Lawton homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Lawton, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you'll pay, which we'll go over below.

Solar Equipment Size

One of the most important 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 power your household consumes, the larger your system will likely need to be. You can expect to pay around $2,620 per kilowatt in Lawton. The brand of solar panels and equipment you choose is another factor that will significantly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Further, solar equipment consists of more than just the solar panels themselves. You'll also need to decide on 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 falls within your budget.

Solar Financing Terms

For some homeowners, paying for solar out of pocket can be challenging. Solar loans are available from most installers in Lawton, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible. Even though solar loans make going solar more accessible for Lawton homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The solar panel installer you pick will influence your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.

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 $12,098 $16,849 10.4 years
8 kW $2.67 $15,821 $22,776 10.2 years
10 kW $2.62 $19,388 $28,858 10.0 years
12 kW $2.57 $22,800 $35,094 9.8 years
14 kW $2.52 $26,057 $41,486 9.6 years
16 kW $2.46 $29,160 $48,033 9.4 years
18 kW $2.41 $32,107 $54,735 9.2 years
20 kW $2.36 $34,898 $61,593 9.0 years

Solar Incentives in Lawton

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

How to Save on Solar Panels

There are many companies available in Lawton, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:

  • Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and what the project timeline is.
  • Solar Panel Brands: The kind of solar panel you'd like to install plays a part in which company you should choose, since different companies offer different panels.
  • Contract: Although reading through a contract can be tedious, it's important to do it fully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
  • Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.

Best National Provider

SunPower

★★★★★
5.0

  • 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

The Green Panel

★★★★★
4.5

  • 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

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

EcoWatch's Lawton, OK Solar Cost FAQs

How much does it cost to install solar panels in Lawton?

This is a difficult 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 be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.

Are solar panels free in Lawton?

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

How much can I save on electricity bills after switching to solar?

Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $964.91 per year.

How often do you have to replace solar panels?

On average, solar panels can last 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 larger level 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.

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