Solar Panel Cost Guide in Sand Springs, OK (2025 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.
Although the national average of solar panels is $2.66 per watt, solar panels in Sand Springs typically cost about 3.To account for the typical energy needs of the average home in Sand Springs, most homeowners require a 8.7-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,968, or $27,124 before the federal solar tax credit of 0 is applied.
How much you pay can go higher or lower than the average in Sand Springs based on a variety of factors, such as the brand of solar panels you choose and the solar contractor you hire.But, once you've paid the initial cost of installation, the ROI for most homeowners is typically fruitful, with a net average savings of about $17,000 over 20 years on utility bills.
To receive a free estimate from a top solar installation company in Sand Springs, you can 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 panel company since installing solar panels on your own can be a lot of work. Companies can also offer access to a large variety of the best solar panels and help you decide which one will be right for you.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
See all of the solar companies in Sand Springs
Factors that Affect Solar Panel Costs in Sand Springs
For many Sand Springs homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Sand Springs, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,130.The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag 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 will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That’s why many Sand Springs homeowners choose to finance their solar panel systems to make going solar more affordable.You’ll have to consider the long-term cost of loans, including the total 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 more than the principal cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Sand Springs is the company you choose to install your PV system. As with choosing a company to build a deck or pool, for example, you’ll have no shortage of solar installers that provide a range of services for different budgets.The size of the company sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower 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 | $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 solar panel company you choose will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Reputation: Companies that have been in business for many years likely have a good 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.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should secure and how long the project will take.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Even though there are many options for which model 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.
- Warranty: If you’re concerned about the longevity of your solar panel system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
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 actual cost will depend on certain factors such as the type 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?
You can’t get solar panels for free in Sand Springs. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How will installing solar panels impact my property value?
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?
On average, solar panels can last 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 higher 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.