Solar Panel Cost Guide in Pauls Valley, OK (2023 Update)
- Pauls Valley Solar Installation Cost: $15,422
- 25-Year Savings: $24,202
- Payback Period: 9.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Pauls Valley
We break down average solar pricing in Pauls Valley.
The average cost of a solar system in Pauls Valley is 2.62 per watt. To account for the typical energy needs of the average home in Pauls Valley, most homeowners require a 8.4-kilowatt system. Using the figure above, a solar installation costs about $15,424, or $22,056 before the federal solar tax credit of 30% is applied.
The true price you pay can go above or below the average in Pauls Valley based on several factors, such as the type of solar panels you choose and the solar installer you hire. Despite the large upfront cost, the average Pauls Valley homeowner can save about $18,000 on their energy bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a vetted solar installer in Pauls Valley for a custom estimate.
Solar savings over time in Pauls Valley
| Year | Return on Investment |
|---|---|
| 1 years | $-15,290 |
| 3 years | $-15,026 |
| 5 years | $-14,762 |
| 7 years | $-14,497 |
| 9 years | $-14,233 |
| 11 years | $-13,969 |
| 13 years | $-13,705 |
| 15 years | $-13,441 |
| 17 years | $-13,177 |
| 19 years | $-12,912 |
| 21 years | $-12,648 |
| 23 years | $-12,384 |
| 25 years | $-12,120 |
Top Solar Installers in Pauls Valley
When switching to solar energy, many homeowners opt to go with a solar installation company since putting up solar panels yourself can be a difficult project. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long run due to their warranties, repair services and expert design.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
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
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that will push your cost above or below the average in Pauls Valley: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,620. There are many different solar panel brands and the one you pick also changes the cost. Typically, the brands that offer higher efficiency tend to also be more expensive. In addition, 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
Many homeowners find the average cost of solar in Pauls Valley to be prohibitively steep, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to a higher cost over time due to interest. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can influence your pricing. Pauls Valley's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle 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 | $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
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Installation Process: When going solar, it's crucial to keep an open line of communication with your solar panel installer. Make sure you understand how the installation process works and the project completion timeline.
- Contract: Though reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: The model of solar panel you want to get plays a role in which installer you should go with, since different companies have different panels.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
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
How much does it cost to install solar panels in Pauls Valley?
The average cost of solar panels in Pauls Valley 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 cost the most important thing to keep in mind when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on power bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $942.42 per year.
How long do solar panels last in Pauls Valley?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.