Solar Panel Cost Guide in Oklahoma City, OK (Feb 2023)
- Oklahoma City Solar Installation Cost: $15,442
- 25-Year Savings: $22,326
- Payback Period: 10.2 Years
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Top Solar Installers in Oklahoma City
Many homeowners decide to use a solar installer since installing solar panels yourself can be a lot of work. Plus, if you're not certain what brand of solar panels and equipment you want, a solar company can help you figure that out after a site survey and consultation.
If you'd like to go solar but still aren't sure which solar system installer to go with, here are our suggestions for providers near you:
See all of the solar companies in Oklahoma City
Factors that Affect Solar Panel Costs in Oklahoma City
There are many factors that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
The size of the solar system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,620. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Oklahoma City, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of 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 difficult, solar loans are an affordable route because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years. When considering your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you go with to handle your switch to green energy can play a part in your total costs. There are about 3 solar panel companies operating in Oklahoma City, and each can charge different amounts for labor and equipment. Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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||$15,473||10.6 years|
|8 kW||$2.67||$14,965||$20,925||10.4 years|
|10 kW||$2.62||$18,340||$26,523||10.2 years|
|12 kW||$2.57||$21,568||$32,267||10.0 years|
|14 kW||$2.52||$24,649||$38,159||9.8 years|
|16 kW||$2.46||$27,583||$44,197||9.6 years|
|18 kW||$2.41||$30,371||$50,382||9.4 years|
|20 kW||$2.36||$33,012||$56,713||9.2 years|
How to Save on Solar Panels
Since the model of solar panels and the company 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:
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years likely offer good-quality solar panel installation and expertise.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Solar Panel Brands: Different companies have different brands and kinds of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
EcoWatch's Oklahoma City, OK Solar Cost FAQs
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.