Solar Panel Cost Guide in Mannford, OK (Mar 2023)
- Mannford Solar Installation Cost: $15,846
- 25-Year Savings: $22,046
- Payback Period: 10.5 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Mannford
Here's how much it might cost to go solar in Mannford.
The average cost of a solar system in Mannford is 2.62 per watt. To account for the typical energy needs of the average home in Mannford, most homeowners require a 8.6-kilowatt system. Using the per-watt figure above, a solar installation costs about $15,846, or $22,660 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Mannford homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Despite the large upfront cost, the average Mannford homeowner can save about $17,000 on their energy bills over 20 years, which is one of the advantages of solar.
To get a free estimate from a vetted solar company in Mannford, you can click the button below.
Solar savings over time in Mannford
| Year | Return on Investment |
|---|---|
| 1 years | $-14,330 |
| 3 years | $-11,299 |
| 5 years | $-8,267 |
| 7 years | $-5,236 |
| 9 years | $-2,205 |
| 11 years | $827 |
| 13 years | $3,858 |
| 15 years | $6,889 |
| 17 years | $9,921 |
| 19 years | $12,952 |
| 21 years | $15,983 |
| 23 years | $19,015 |
| 25 years | $22,046 |
Top Solar Installers in Mannford
When switching to solar energy, many homeowners choose to use a solar company since overseeing your solar installation yourself can be a challenging project. Plus, if you're unsure what brand of solar panels and equipment you need, a solar installer can help you figure that out after a site survey and consultation.
If you're searching for a solar company in Mannford, the EcoWatch team has organized a list of our top suggestions here:
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 Mannford
Factors that Affect Solar Panel Costs in Mannford
There are several criteria that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend about $2,620 per kilowatt in Mannford. There are several different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Mannford to be prohibitively steep, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in a higher cost over time because of interest. 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 on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you get to install your solar system can play a part in determining the cost. Mannford's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Mannford know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, 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 | $14,871 | 10.9 years |
| 8 kW | $2.67 | $14,965 | $20,121 | 10.7 years |
| 10 kW | $2.62 | $18,340 | $25,518 | 10.5 years |
| 12 kW | $2.57 | $21,568 | $31,062 | 10.2 years |
| 14 kW | $2.52 | $24,649 | $36,752 | 10.0 years |
| 16 kW | $2.46 | $27,583 | $42,589 | 9.8 years |
| 18 kW | $2.41 | $30,371 | $48,573 | 9.6 years |
| 20 kW | $2.36 | $33,012 | $54,704 | 9.4 years |
How to Save on Solar Panels
There are many companies available in Mannford, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the gold standard in the business, and offering such a warranty is one sign of a good company.
- Solar Panel Brands: The brand of solar panel you want to get plays a part in which company you should opt for, since different companies have different panels.
- Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
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 Mannford, OK Solar Cost FAQs
What is the average cost of installing solar panels in Mannford?
The average cost of solar panels in Mannford is about $13,100 for a 5-kW system and $26,200 for a 10-kW system before the ITC, but the actual cost will depend on things 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 Mannford?
You can't get solar panels for free in Mannford. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Mannford?
The majority of states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
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 continue to use 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.