Solar Panel Cost Guide in Oklahoma City, OK (2023 Update)
- Oklahoma City Solar Installation Cost: $15,442
- 25-Year Savings: $22,326
- Payback Period: 10.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Oklahoma City
We break down average solar pricing in Oklahoma City.
The average cost of a solar system in Oklahoma City is 2.62 per watt. The average solar panel system size in Oklahoma City is around 8.4 kilowatts, meaning a cost of about $15,442 for a solar installation, or $22,082 before the 30% federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Oklahoma City based on a few factors, such as the kind of solar panels you choose and the solar contractor you hire. With typical savings of about $17,000 on power bills over 20 years, many homeowners in Oklahoma City find going solar has a decent ROI.
Click the button below to get connected to a highly rated solar panel company in your area for a customized estimate.
Solar savings over time in Oklahoma City
| Year | Return on Investment |
|---|---|
| 1 years | $-13,932 |
| 3 years | $-10,910 |
| 5 years | $-7,889 |
| 7 years | $-4,867 |
| 9 years | $-1,846 |
| 11 years | $1,176 |
| 13 years | $4,197 |
| 15 years | $7,219 |
| 17 years | $10,240 |
| 19 years | $13,262 |
| 21 years | $16,283 |
| 23 years | $19,305 |
| 25 years | $22,326 |
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:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 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.
Solar Equipment
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.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Oklahoma City, OK Solar Cost FAQs
How much does it cost to install solar panels in Oklahoma City?
The average cost of solar panels in Oklahoma City is about $13,100 for a 5-kW system and $26,200 for a 10-kW system before the ITC, but the real cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Oklahoma City?
You can't get solar panels for free in Oklahoma City. However, you may still be able to get 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.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How long do solar panels last in Oklahoma City?
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 their energy production 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.
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.