Solar Panel Cost Guide in Okemah, OK (2023 Update)
- Okemah Solar Installation Cost: $15,804
- 25-Year Savings: $22,596
- Payback Period: 10.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Okemah
See how much it might cost to make the switch to solar in Okemah.
In Okemah, solar panels cost about 2.62 per watt on average. Using this figure, a typical 8.6-kW system would cost about $15,809 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of making the switch to solar can vary quite a bit depending on several factors, such as what size system you need, your energy usage and what solar installer you go with. With average savings of about $17,000 on power bills over 20 years, many homeowners in Okemah find installing solar panels has a decent ROI.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Okemah
| Year | Return on Investment |
|---|---|
| 1 years | $-15,676 |
| 3 years | $-15,420 |
| 5 years | $-15,164 |
| 7 years | $-14,908 |
| 9 years | $-14,652 |
| 11 years | $-14,396 |
| 13 years | $-14,140 |
| 15 years | $-13,884 |
| 17 years | $-13,628 |
| 19 years | $-13,372 |
| 21 years | $-13,116 |
| 23 years | $-12,860 |
| 25 years | $-12,604 |
Top Solar Installers in Okemah
DIY solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Taking advantage of a solar company can make converting to solar power much easier. The expertise that solar installers offer can be valuable as well, particularly if you aren't sure what type of solar equipment you need.
If you're looking for a solar company in Okemah, 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
See all of the solar companies in Okemah
Factors that Affect Solar Panel Costs in Okemah
There are many factors that can play into your 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
The size of the solar panel system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,620. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Okemah, 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 more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Okemah provide solar loans, which reduce the initial cost of installing a solar system. It's wise to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The remaining major cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Okemah, you'll have many options to choose from, but each comes at various price points for labor and equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and decide on the company that has the products, warranties and services you're looking for 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 | $2.72 | $11,444 | $15,293 | 10.7 years |
| 8 kW | $2.67 | $14,965 | $20,685 | 10.5 years |
| 10 kW | $2.62 | $18,340 | $26,222 | 10.3 years |
| 12 kW | $2.57 | $21,568 | $31,907 | 10.1 years |
| 14 kW | $2.52 | $24,649 | $37,739 | 9.9 years |
| 16 kW | $2.46 | $27,583 | $43,717 | 9.7 years |
| 18 kW | $2.41 | $30,371 | $49,841 | 9.5 years |
| 20 kW | $2.36 | $33,012 | $56,113 | 9.3 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: Look through the contract terms carefully to make sure you understand the overall cost, completion timeline rebates and warranties.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of offerings before deciding.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Okemah, OK Solar Cost FAQs
How much does it cost to install solar panels in Okemah?
The average cost of solar panels in Okemah 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 stuff like the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Okemah?
Leasing solar panels can be an attractive choice, as it commonly comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
Does Okemah have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future electricity bills.
How long do solar panels last in Okemah?
Even though 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 the amount of energy they produce will have decreased significantly after that point. You can opt to replace them after having 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.