Solar Panel Cost Guide in Poteau, OK (2025 Update)
- Poteau Solar Installation Cost: $19,232
- 25-Year Savings: $23,451
- Payback Period: 12.2 Years
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Average Cost of Solar Panels in Poteau
We break down average solar pricing in Poteau.
While the national average of solar panels is $2.66 per watt, solar panels in Poteau generally cost around 3.To cover the typical energy usage of the average home in Poteau, most homeowners require a 8.8-kilowatt system. Using the figure above, a solar installation costs around $19,232, or $27,502 before the federal solar tax credit of 0 is applied.
The true cost of your system can be higher or lower than the average in Poteau depending on a variety of factors, such as the model of solar panels you choose and the solar company you hire.But, after you've paid the upfront cost of installation, the return on investment for most homeowners is typically fruitful, with a net average savings of about $17,000 over 20 years on power bills.
You can click the button below to get connected with a pre-vetted solar installer in Poteau for a quote for your home.
Solar savings over time in Poteau
| Year | Return on Investment |
|---|---|
| 1 years | $-18,023 |
| 3 years | $-15,605 |
| 5 years | $-13,186 |
| 7 years | $-10,768 |
| 9 years | $-8,350 |
| 11 years | $-5,931 |
| 13 years | $-3,513 |
| 15 years | $-1,095 |
| 17 years | $1,324 |
| 19 years | $3,742 |
| 21 years | $6,160 |
| 23 years | $8,578 |
| 25 years | $10,997 |
Top Solar Installers in Poteau
Installing solar panels on your own can be a time-consuming undertaking, which is why using a solar installer is a good option for many homeowners. Some solar installers, particularly local ones, can help you better understand incentives in Poteau, therefore optimizing your ROI.
There are a number of licensed solar professionals that can help you install your solar system. Here are our suggestions:
See all of the solar companies in Poteau
Factors that Affect Solar Panel Costs in Poteau
The cost of installing a solar system in Poteau can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation need 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 $3,130.The model of solar panels and equipment you get is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment consists of more than just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Poteau to be too expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Poteau, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Poteau are more knowledgeable about local solar incentives and can help you make good use 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 end up saving you 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 | $3.26 | $13,672 | $13,362 | 12.6 years |
| 8 kW | $3.19 | $17,879 | $18,167 | 12.4 years |
| 10 kW | $3.13 | $21,910 | $23,146 | 12.2 years |
| 12 kW | $3.07 | $25,766 | $28,302 | 11.9 years |
| 14 kW | $3.00 | $29,447 | $33,632 | 11.7 years |
| 16 kW | $2.94 | $32,953 | $39,138 | 11.4 years |
| 18 kW | $2.88 | $36,283 | $44,819 | 11.2 years |
| 20 kW | $2.82 | $39,438 | $50,675 | 10.9 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: Warranties that cover defective panels and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one mark of a quality company.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can check your installer’s reputation is by reading reviews.
- Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what you need to do before your solar system is installed, such as repairing your electrical system or roof.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
EcoWatch's Poteau, OK Solar Cost FAQs
What is the average cost of installing solar panels in Poteau?
This is a tough question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $15,650 for a 5-kW system and $31,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Poteau?
Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home 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 bang for your buck from going solar.
Does Poteau have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.
How often do you have to replace solar panels?
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 their energy production will have decreased significantly after that point. You can opt 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.