Solar Panel Cost Guide in Perry, OK (Mar 2023)
- Perry Solar Installation Cost: $15,607
- 25-Year Savings: $23,644
- Payback Period: 9.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Perry
Let's take a look at the average cost of solar panels in Perry.
The national average cost of solar panels is $2.66 per watt, but in Perry it's 2.62 per watt. The average Perry homeowner needs a 8.5-kilowatt system, which would cost about $15,607 with the federal tax credit, or $22,318 before the 30% tax credit is applied.
The true cost of your system can go higher or lower than the average in Perry based on several factors, such as the type of solar panels you choose and the solar contractor you hire. With typical savings of about $18,000 on energy bills over 20 years, many homeowners in Perry find investing in solar can pay off big.
Click the button below to get connected to a top solar panel company in Perry for a custom estimate.
Solar savings over time in Perry
| Year | Return on Investment |
|---|---|
| 1 years | $-14,037 |
| 3 years | $-10,897 |
| 5 years | $-7,757 |
| 7 years | $-4,617 |
| 9 years | $-1,477 |
| 11 years | $1,663 |
| 13 years | $4,803 |
| 15 years | $7,943 |
| 17 years | $11,083 |
| 19 years | $14,223 |
| 21 years | $17,363 |
| 23 years | $20,504 |
| 25 years | $23,644 |
Top Solar Installers in Perry
Although you can install solar panels by yourself, it requires extra labor and know-how. For that reason, almost all homeowners choose a solar panel installer. Companies can also have access to quality options of the best solar panels and help you pick which one will be right for your home.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some near you:
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 Perry
Factors that Affect Solar Panel Costs in Perry
There are a number of factors that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. For that reason, it's important to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your energy bills. In addition, extra products, such as solar batteries, can bump up your total well above the Perry average.
Solar Financing Terms
Many homeowners find the average cost of solar in Perry to be prohibitively costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in a higher cost over time because of 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 APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you choose to handle your switch to clean energy can play a part in your total costs. There are about 3 solar panel companies in Perry, and each can charge different amounts for labor and equipment. Additionally, some companies in Perry know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $16,222 | 10.3 years |
| 8 kW | $2.67 | $14,965 | $21,923 | 10.1 years |
| 10 kW | $2.62 | $18,340 | $27,771 | 9.9 years |
| 12 kW | $2.57 | $21,568 | $33,765 | 9.7 years |
| 14 kW | $2.52 | $24,649 | $39,906 | 9.5 years |
| 16 kW | $2.46 | $27,583 | $46,194 | 9.3 years |
| 18 kW | $2.41 | $30,371 | $52,628 | 9.1 years |
| 20 kW | $2.36 | $33,012 | $59,209 | 8.9 years |
How to Save on Solar Panels
There are a lot of companies available in Perry, 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:
- Installation Process: When going solar, it's essential to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the project timeline.
- Contract: Though reading through a contract can take a lot of time, it's important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Reputation: Long-standing companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: The model of solar panel you need to get plays a part in which company you should choose, since different companies offer different panels.
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 Perry, OK Solar Cost FAQs
How much does it cost to install solar panels in Perry?
The average cost of solar panels in Perry 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 stuff like the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Perry?
Leasing solar panels can be an option if you can't pay upfront or get a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
How much can I save on electricity bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Perry, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.