Solar Panel Cost Guide in Mcalester, OK (2023 Update)
- Mcalester Solar Installation Cost: $15,901
- 25-Year Savings: $25,555
- Payback Period: 9.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Mcalester
Find out how much it might cost to make the switch to solar in Mcalester.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Mcalester, the typical cost of solar panels is 2.62 per watt. The average solar panel system size in Mcalester is around 8.7 kilowatts, meaning a cost of about $15,901 for a solar installation, or $22,738 before the 30% federal solar tax credit is applied.
The true price you pay can be higher or lower than the average in Mcalester depending on a few factors, such as the brand of solar panels you choose and the solar company you hire. For many homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $18,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a top solar installer in Mcalester for a quote for your home.
Solar savings over time in Mcalester
| Year | Return on Investment |
|---|---|
| 1 years | $-14,243 |
| 3 years | $-10,926 |
| 5 years | $-7,610 |
| 7 years | $-4,293 |
| 9 years | $-977 |
| 11 years | $2,340 |
| 13 years | $5,656 |
| 15 years | $8,973 |
| 17 years | $12,289 |
| 19 years | $15,606 |
| 21 years | $18,922 |
| 23 years | $22,239 |
| 25 years | $25,555 |
Top Solar Installers in Mcalester
Although you can install solar panels yourself, it takes extra energy and know-how. That's why most people choose to go with a solar panel installer. Local solar installers can also help you optimize your return on investment by assisting with any local incentives you can benefit from and by providing warranties and repairs.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Mcalester
Factors that Affect Solar Panel Costs in Mcalester
For many Mcalester homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Mcalester, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of solar panels in Mcalester, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can figure out by looking at past electricity bills. Your overall cost can increase by about $2,620 for each additional kilowatt you need. There are a lot of different solar panel brands and the one you pick also changes the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are provided by most installers in Mcalester, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Mcalester is the company you choose to install your PV system. As with choosing a company to build a deck or pool, for example, there's no shortage of solar installers that provide a range of services at different price points. The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $17,244 | 10.0 years |
| 8 kW | $2.67 | $14,965 | $23,285 | 9.8 years |
| 10 kW | $2.62 | $18,340 | $29,473 | 9.6 years |
| 12 kW | $2.57 | $21,568 | $35,808 | 9.4 years |
| 14 kW | $2.52 | $24,649 | $42,289 | 9.2 years |
| 16 kW | $2.46 | $27,583 | $48,917 | 9.0 years |
| 18 kW | $2.41 | $30,371 | $55,692 | 8.8 years |
| 20 kW | $2.36 | $33,012 | $62,614 | 8.6 years |
How to Save on Solar Panels
The solar panel company you opt for will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, including:
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Solar Panel Brands: The brand of solar panel you'd like plays a part in which installer you should choose, since different companies offer different panels.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: When looking 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 like a system part breaking or if the company goes out of business.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Mcalester, OK Solar Cost FAQs
What is the average cost of installing solar panels in Mcalester?
This is a tough question to answer exactly, because the cost depends on a variety of 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 additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Are solar panels free in Mcalester?
You can't get solar panels for free in Mcalester. 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.
Does Mcalester have a net metering program?
Each state has some form 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 utility bills.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.