Solar Panel Cost Guide in Poteau, OK (2023 Update)
- Poteau Solar Installation Cost: $16,098
- 25-Year Savings: $23,451
- Payback Period: 10.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Poteau
Here's how much it might cost to make the switch to solar in Poteau.
The average cost of a solar system in Poteau is 2.62 per watt. The average solar panel system size in Poteau is around 8.8 kilowatts, meaning a cost of about $16,103 for a solar installation, or $23,027 before the 30% federal solar tax credit is applied.
These figures are just estimates, and your own solar costs will look different based on factors unique to your home and what company you choose to go with. Despite the large upfront cost, the average Poteau homeowner can save around $17,000 on their power bills over 20 years, which is one of the benefits of solar.
To receive a free quote from a highly rated solar installer in Poteau, you can click the button below.
Solar savings over time in Poteau
| Year | Return on Investment |
|---|---|
| 1 years | $-14,889 |
| 3 years | $-12,471 |
| 5 years | $-10,053 |
| 7 years | $-7,634 |
| 9 years | $-5,216 |
| 11 years | $-2,798 |
| 13 years | $-379 |
| 15 years | $2,039 |
| 17 years | $4,457 |
| 19 years | $6,875 |
| 21 years | $9,294 |
| 23 years | $11,712 |
| 25 years | $14,130 |
Top Solar Installers in Poteau
DIY solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Going with a solar panel installer can make converting to solar power much easier. Companies can also provide access to quality options of the best solar panels and help you pick which one will be best for your home.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some in Poteau:
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 Poteau
Factors that Affect Solar Panel Costs in Poteau
Although the average cost of a solar system in Poteau is $16,103, your actual cost may differ. There are quite a few factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,620. The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price 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. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are an affordable route because they decrease your upfront costs and let you pay for your system over five to seven years on average. When considering 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 reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can influence how much you pay. Poteau's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down 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 | $2.72 | $11,444 | $15,590 | 10.6 years |
| 8 kW | $2.67 | $14,965 | $21,080 | 10.4 years |
| 10 kW | $2.62 | $18,340 | $26,716 | 10.2 years |
| 12 kW | $2.57 | $21,568 | $32,500 | 10.0 years |
| 14 kW | $2.52 | $24,649 | $38,430 | 9.8 years |
| 16 kW | $2.46 | $27,583 | $44,507 | 9.6 years |
| 18 kW | $2.41 | $30,371 | $50,730 | 9.4 years |
| 20 kW | $2.36 | $33,012 | $57,101 | 9.2 years |
How to Save on Solar Panels
The solar company you go with will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, such as:
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should secure and what the project timeline is.
- Contract: Before signing a contract with a solar company, make sure you look it over fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Although there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of options before deciding.
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 Poteau, OK Solar Cost FAQs
How much does it cost to install solar panels in Poteau?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $13,100 for a 5-kW system and $26,200 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Are solar panels free in Poteau?
You can't get solar panels for free in Poteau. 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.
Is making the switch to solar worth it?
Solar panels can be a fruitful investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in Poteau?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can decide to 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.