Solar Panel Cost Guide in Mustang, OK (2025 Update)
- Mustang Solar Installation Cost: $18,289
- 25-Year Savings: $24,104
- Payback Period: 11.6 Years
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Average Cost of Solar Panels in Mustang
Find out how much it might cost to go solar in Mustang.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Mustang, the typical cost of a solar system is 3 per watt.The average Mustang homeowner needs a 8.3-kilowatt system, which would cost about $18,289 with the federal tax credit, or $26,153 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Mustang homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Even with the significant initial cost, the average Mustang homeowner can save about $18,000 on their power bills over 20 years, which is one of the advantages of solar.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Mustang
| Year | Return on Investment |
|---|---|
| 1 years | $-17,080 |
| 3 years | $-14,661 |
| 5 years | $-12,243 |
| 7 years | $-9,825 |
| 9 years | $-7,406 |
| 11 years | $-4,988 |
| 13 years | $-2,570 |
| 15 years | $-151 |
| 17 years | $2,267 |
| 19 years | $4,685 |
| 21 years | $7,103 |
| 23 years | $9,522 |
| 25 years | $11,940 |
Top Solar Installers in Mustang
Although it's possible to install solar panels on your own, it involves extra time and knowledge. That's one of the reasons most homeowners choose to hire a solar panel installer. Companies can also have access to various kinds of the best solar panels and help you pick which one will be best for your family.
If you’d like to go solar but still aren’t sure which solar system company to go with, here are our suggestions for providers nearby:
See all of the solar companies in Mustang
Factors that Affect Solar Panel Costs in Mustang
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that affect your total cost in Mustang: 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
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.There are several different solar panel brands and the one you choose also changes the cost. Typically, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you choose 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
If paying for solar panels in cash is out of reach, solar loans are an affordable route because they reduce your upfront costs and allow you to pay for your system over five to seven years on average.Even though solar loans make going solar more accessible for Mustang homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The last major cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Mustang, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $14,658 | 12.1 years |
| 8 kW | $3.19 | $17,879 | $19,895 | 11.8 years |
| 10 kW | $3.13 | $21,910 | $25,307 | 11.6 years |
| 12 kW | $3.07 | $25,766 | $30,894 | 11.4 years |
| 14 kW | $3.00 | $29,447 | $36,657 | 11.1 years |
| 16 kW | $2.94 | $32,953 | $42,594 | 10.9 years |
| 18 kW | $2.88 | $36,283 | $48,707 | 10.7 years |
| 20 kW | $2.82 | $39,438 | $54,996 | 10.4 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: An important thing to understand when adopting solar power 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.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one mark of a quality company.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
EcoWatch's Mustang, OK Solar Cost FAQs
How much does it cost to install solar panels in Mustang?
The average cost of solar panels in Mustang is about $15,650 for a 5-kW system and $31,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
How will solar panels impact the value of my home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Mustang is currently $264,947, so you can expect a value of about $10,863 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Mustang is a rewarding investment.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can keep using 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.