Solar Panel Cost Guide in Sand Springs, OK (2024 Update)
- Sand Springs Solar Installation Cost: $18,968
- 25-Year Savings: $11,851
- Payback Period: 12.5 Years
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Average Cost of Solar Panels in Sand Springs
We go over average solar pricing in Sand Springs.
In Sand Springs, solar panels cost about 3 per watt on average.To account for the typical energy needs of the average home in Sand Springs, most homeowners require a 8.7-kilowatt system. Using the figure above, a solar installation costs about $18,968, or $27,124 before the federal solar tax credit of 0 is applied.
How much you pay can go above or below the average in Sand Springs based on several factors, such as the model of solar panels you choose and the solar installer you hire.But, once you've paid the initial cost of installation, the return on investment for most homeowners is usually fruitful, with a net average savings of about $17,000 over 20 years on power bills.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Sand Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-17,735 |
| 3 years | $-15,270 |
| 5 years | $-12,804 |
| 7 years | $-10,339 |
| 9 years | $-7,873 |
| 11 years | $-5,408 |
| 13 years | $-2,942 |
| 15 years | $-477 |
| 17 years | $1,989 |
| 19 years | $4,455 |
| 21 years | $6,920 |
| 23 years | $9,386 |
| 25 years | $11,851 |
Top Solar Installers in Sand Springs
Many homeowners opt for a solar installer since trying to install solar panels on your own can be time-consuming. Companies can also provide access to various kinds of the best solar panels and help you pick which one will be right for your home.
If you’d like to make the switch to solar but still aren’t sure which solar panel company to go with, here are our suggestions for providers in Sand Springs:
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 Sand Springs
Factors that Affect Solar Panel Costs in Sand Springs
Even though the average cost of a solar system in Sand Springs is $18,968, your final cost may differ. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
When it comes to estimating the price of a solar system in Sand Springs, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can determine by looking at past electricity bills. Your overall cost can increase by about $3,130 for each additional kilowatt you need.There are several different solar panel brands and the one you pick also changes the cost. Usually, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you want to install 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 Sand Springs to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to higher prices over time because of interest.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you select will affect your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car 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 | $3.26 | $13,672 | $12,621 | 13.0 years |
| 8 kW | $3.19 | $17,879 | $17,179 | 12.7 years |
| 10 kW | $3.13 | $21,910 | $21,912 | 12.5 years |
| 12 kW | $3.07 | $25,766 | $26,820 | 12.2 years |
| 14 kW | $3.00 | $29,447 | $31,903 | 12.0 years |
| 16 kW | $2.94 | $32,953 | $37,162 | 11.7 years |
| 18 kW | $2.88 | $36,283 | $42,596 | 11.5 years |
| 20 kW | $2.82 | $39,438 | $48,205 | 11.2 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: Warranties that cover panel repairs and maintenance over a couple decades are the gold standard in the business, and offering such a warranty is one sign of a quality company.
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 Sand Springs, OK Solar Cost FAQs
What is the average cost of installing solar panels in Sand Springs?
The average cost of solar panels in Sand Springs 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 things like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Sand Springs?
Solar panels aren’t free in Sand Springs, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Do solar panels increase how much your home is worth?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Sand Springs is currently $212,628, so you can expect a value of about $8,718 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Sand Springs is a rewarding investment.
How long do solar panels last in Sand Springs?
Even though 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 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.