Solar Panel Cost Guide in McAlester, OK (2025 Update)
- McAlester Solar Installation Cost: $18,997
- 25-Year Savings: $11,941
- Payback Period: 11.5 Years
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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.
In McAlester, solar panels cost about 3 per watt on average.Since a 8.7-kW system is needed to cover the energy costs of a typical home in McAlester, the average price of going solar will be about $18,997 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of solar panels. The exact cost of installing solar panels can vary quite a bit based on several factors, such as how many panels you need, your energy consumption and what company you go with.For most homeowners, the upfront cost of solar is worth paying. On average homeowners in McAlester see about $18,000 in savings on utility bills over 20 years.
Click the button below to get connected to a reputable solar panel company in your area for a personalized quote.
Solar savings over time in McAlester
Year | Return on Investment |
---|---|
1 years | $-17,759 |
3 years | $-15,284 |
5 years | $-12,809 |
7 years | $-10,334 |
9 years | $-7,859 |
11 years | $-5,384 |
13 years | $-2,909 |
15 years | $-434 |
17 years | $2,041 |
19 years | $4,516 |
21 years | $6,991 |
23 years | $9,466 |
25 years | $11,941 |
Top Solar Installers in McAlester
Putting up solar panels on your own can be a difficult task, which is why getting a solar installer is a good option for many homeowners. Some solar installers, particularly local ones, can help you better understand incentives in McAlester, optimizing your ROI.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in McAlester
Factors that Affect Solar Panel Costs in McAlester
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in McAlester: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That’s why it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like McAlester, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are a popular option because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.However, the interest on solar loans also adds to your total costs, so it’s important to take that into consideration as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar company you hire to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar panel companies operating in McAlester, and each can charge different amounts for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — 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 provides the products, warranties and services you want and also is within your budget.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.26 | $13,672 | $15,016 | 11.9 years |
8 kW | $3.19 | $17,879 | $20,372 | 11.7 years |
10 kW | $3.13 | $21,910 | $25,903 | 11.5 years |
12 kW | $3.07 | $25,766 | $31,609 | 11.2 years |
14 kW | $3.00 | $29,447 | $37,491 | 11.0 years |
16 kW | $2.94 | $32,953 | $43,548 | 10.8 years |
18 kW | $2.88 | $36,283 | $49,780 | 10.5 years |
20 kW | $2.82 | $39,438 | $56,188 | 10.3 years |
How to Save on Solar Panels
There are a lot of companies available in McAlester, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Make sure your solar panel installer has a good reputation by verifying 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.
- Installation Process: Make sure you’re aligned with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
EcoWatch's McAlester, OK Solar Cost FAQs
How much does it cost to install solar panels in McAlester?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $15,650 for a 5-kW system and $31,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other 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 want a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in McAlester?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Is it worth going solar in McAlester?
Solar panels can be a good investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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 higher amount 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.