Solar Panel Cost Guide in Pauls Valley, OK (2024 Update)
- Pauls Valley Solar Installation Cost: $18,424
- 25-Year Savings: $24,202
- Payback Period: 11.6 Years
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Average Cost of Solar Panels in Pauls Valley
Let’s have a look at the average cost of solar panels in Pauls Valley.
In Pauls Valley, solar panels cost about 3 per watt on average.The average solar panel system size in Pauls Valley is around 8.4 kilowatts, meaning a cost of about $18,424 for a solar installation, or $26,346 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy consumption, the type of equipment you choose, your solar contractor and more.But, once you've paid the upfront cost of installation, the payback for most homeowners is quite rewarding, with a net average savings of about $18,000 over 20 years on power bills.
To receive a free estimate from a top solar installer in Pauls Valley, you can click the button below.
Solar savings over time in Pauls Valley
| Year | Return on Investment |
|---|---|
| 1 years | $-17,215 |
| 3 years | $-14,797 |
| 5 years | $-12,378 |
| 7 years | $-9,960 |
| 9 years | $-7,542 |
| 11 years | $-5,123 |
| 13 years | $-2,705 |
| 15 years | $-287 |
| 17 years | $2,132 |
| 19 years | $4,550 |
| 21 years | $6,968 |
| 23 years | $9,386 |
| 25 years | $11,805 |
Top Solar Installers in Pauls Valley
Many homeowners decide to hire a solar panel installer since trying to install solar panels on your own can be challenging. The payback period of solar panels will vary depending on factors like your location and energy use, but working with a solar company can shorten it. Your provider will be able to help you identify incentives available in your area.
If you're on the hunt for a solar installer in Pauls Valley, we've organized a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Pauls Valley
Factors that Affect Solar Panel Costs in Pauls Valley
There are many criteria that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The size of the solar panel 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 nearly $3,130. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a solid choice because they lower your upfront costs and allow you to pay for your system over five to seven years on average.Even though solar loans make switching to solar energy more accessible for Pauls Valley homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of sustainable energy solutions in Pauls Valley, you’ll have a great number 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 cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to more resources and bulk 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 lower 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 | $14,601 | 12.1 years |
| 8 kW | $3.19 | $17,879 | $19,818 | 11.9 years |
| 10 kW | $3.13 | $21,910 | $25,211 | 11.6 years |
| 12 kW | $3.07 | $25,766 | $30,779 | 11.4 years |
| 14 kW | $3.00 | $29,447 | $36,522 | 11.2 years |
| 16 kW | $2.94 | $32,953 | $42,441 | 10.9 years |
| 18 kW | $2.88 | $36,283 | $48,535 | 10.7 years |
| 20 kW | $2.82 | $39,438 | $54,804 | 10.5 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, completion timeline incentives and warranties.
- Warranty: Warranties that provide coverage for defective panels and repairs over a couple decades are the best you can get in the business, and offering such a warranty is one mark of a good company.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of offerings before making your decision.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Pauls Valley, OK Solar Cost FAQs
What is the average cost of installing solar panels in Pauls Valley?
The average cost of solar panels in Pauls Valley is about $15,650 for a 5-kW system and $31,300 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Pauls Valley?
You can’t get solar panels for free in Pauls Valley. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Does Pauls Valley have a net metering program?
Most states have net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Pauls Valley?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of 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 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.