Solar Panel Cost Guide in Pauls Valley, OK (2023 Update)
- Pauls Valley Solar Installation Cost: $15,424
- 25-Year Savings: $24,200
- Payback Period: 9.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Pauls Valley
We go over average solar pricing in Pauls Valley.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Pauls Valley, the typical cost of solar panels is 2.62 per watt. Using this figure, a typical 8.4-kW system would cost about $15,424 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may look quite different based on your household energy needs, the type of equipment you want to get, your solar contractor and more. But, once you've paid the upfront cost of installation, the savings for most homeowners is typically rewarding, with a net average savings of about $18,000 over 20 years on power bills.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Pauls Valley
| Year | Return on Investment |
|---|---|
| 1 years | $-13,839 |
| 3 years | $-10,669 |
| 5 years | $-7,499 |
| 7 years | $-4,329 |
| 9 years | $-1,159 |
| 11 years | $2,011 |
| 13 years | $5,181 |
| 15 years | $8,350 |
| 17 years | $11,520 |
| 19 years | $14,690 |
| 21 years | $17,860 |
| 23 years | $21,030 |
| 25 years | $24,200 |
Top Solar Installers in Pauls Valley
When making the switch to solar, many homeowners prefer to hire a solar installer since putting up solar panels yourself can be a challenging project. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.
If you're searching for a solar company in Pauls Valley, the EcoWatch team has put together 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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Pauls Valley
Factors that Affect Solar Panel Costs in Pauls Valley
There are many criteria that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,620. There are a lot of different solar panel brands and the one you choose also changes the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That's why many Pauls Valley homeowners opt to finance their solar panel systems to make paying for solar more affordable. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can influence how much you pay. Pauls Valley's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and choose a company that offers the products, warranties and services you want and also fit into 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 | $16,828 | 10.1 years |
| 8 kW | $2.67 | $14,965 | $22,731 | 9.9 years |
| 10 kW | $2.62 | $18,340 | $28,781 | 9.7 years |
| 12 kW | $2.57 | $21,568 | $34,977 | 9.5 years |
| 14 kW | $2.52 | $24,649 | $41,320 | 9.3 years |
| 16 kW | $2.46 | $27,583 | $47,810 | 9.1 years |
| 18 kW | $2.41 | $30,371 | $54,447 | 9.0 years |
| 20 kW | $2.36 | $33,012 | $61,230 | 8.8 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Pauls Valley, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Contract: Before signing a contract with a solar installer, make sure to look it over carefully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. While there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of options before making your decision.
- Reputation: Long-running companies likely have a good 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.
- Installation Process: Make sure you're aligned with the installer with regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Pauls Valley, OK Solar Cost FAQs
How much does it cost to install solar panels in Pauls Valley?
This is a hard question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $13,100 for a 5-kW system and $26,200 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Pauls Valley?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
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 choose to replace them once you've had 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.