Solar Panel Cost Guide in Moore, OK (2024 Update)
- Moore Solar Installation Cost: $18,408
- 25-Year Savings: $23,354
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Moore
See how much it might cost to switch to solar power in Moore.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Moore, the average cost of solar panels is 3 per watt.Using this figure, a typical 8.4-kW system would cost about $18,408 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of solar system you want to get, your solar contractor and more.For many homeowners, the upfront investment in solar is worth paying. On average Moore homeowners see about $18,000 in savings on energy bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Moore
| Year | Return on Investment |
|---|---|
| 1 years | $-17,199 |
| 3 years | $-14,781 |
| 5 years | $-12,363 |
| 7 years | $-9,944 |
| 9 years | $-7,526 |
| 11 years | $-5,108 |
| 13 years | $-2,689 |
| 15 years | $-271 |
| 17 years | $2,147 |
| 19 years | $4,565 |
| 21 years | $6,984 |
| 23 years | $9,402 |
| 25 years | $11,820 |
Top Solar Installers in Moore
When making the switch to solar, many homeowners choose to hire a solar company since overseeing your solar installation yourself can be a time-consuming project. In addition, if you’d like to maximize your investment in solar energy, going with a solar installer can help with that too. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives and net metering programs.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
Best National Provider
SunPower
- 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
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 Moore
Factors that Affect Solar Panel Costs in Moore
For many Moore homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Moore, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Moore, 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 consumption, which you can gauge by looking at past energy bills. Your overall cost can increase by around $3,130 for each additional kilowatt you need.The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a popular choice because they cut back your upfront costs and let you pay for your system over five to seven years on average.Even though solar loans make switching to solar energy more accessible for Moore 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 avoid paying as much in interest.
Solar Panel Installation Company
The solar panel installation company you select will play a role in your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Moore are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, 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 | $3.26 | $13,672 | $14,010 | 12.3 years |
| 8 kW | $3.19 | $17,879 | $19,030 | 12.1 years |
| 10 kW | $3.13 | $21,910 | $24,226 | 11.9 years |
| 12 kW | $3.07 | $25,766 | $29,597 | 11.6 years |
| 14 kW | $3.00 | $29,447 | $35,143 | 11.4 years |
| 16 kW | $2.94 | $32,953 | $40,865 | 11.2 years |
| 18 kW | $2.88 | $36,283 | $46,762 | 10.9 years |
| 20 kW | $2.82 | $39,438 | $52,834 | 10.7 years |
How to Save on Solar Panels
The solar company you opt for will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:
- Installation Process: Make sure you’re on the same page 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 updating your electrical system or roof.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Contract: It’s important to read your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Reputation: Long-standing companies likely have a solid 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.
Best National Provider
SunPower
- 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
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 Moore, OK Solar Cost FAQs
How much does it cost to install solar panels in Moore?
The average cost of solar panels in Moore is about $15,650 for a 5-kW system and $31,300 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Moore?
You can’t get solar panels for free in Moore. 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 want to own your solar panels, you can finance them with a solar loan.
How will having solar panels impact my home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Moore is currently $208,585, which means you could be looking at a value of about $8,552 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Moore is a fruitful investment.
How long do solar panels last in Moore?
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 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.