Solar Panel Cost Guide in Seminole, OK (2025 Update)
- Seminole Solar Installation Cost: $18,746
- 25-Year Savings: $21,594
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Seminole
We go over average solar pricing in Seminole.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Seminole, the typical cost of a solar system is 3 per watt.The average Seminole homeowner needs a 8.6-kilowatt system, which would cost about $18,746 with the federal tax credit, or $26,807 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Seminole homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Even with the large initial cost, the average Seminole homeowner can save around $17,000 on their electricity bills over 20 years, which is one of the perks of solar.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Seminole
| Year | Return on Investment |
|---|---|
| 1 years | $-17,537 |
| 3 years | $-15,119 |
| 5 years | $-12,700 |
| 7 years | $-10,282 |
| 9 years | $-7,864 |
| 11 years | $-5,445 |
| 13 years | $-3,027 |
| 15 years | $-609 |
| 17 years | $1,809 |
| 19 years | $4,228 |
| 21 years | $6,646 |
| 23 years | $9,064 |
| 25 years | $11,483 |
Top Solar Installers in Seminole
Trying to put up solar panels by yourself can be a dangerous undertaking, which is why using a solar installer is a good option for many homeowners. Plus, if you aren’t sure what type of solar panels and equipment you may need, a solar expert can help you find the right equipment for you after a site survey and consultation.
If you're on the hunt for a solar installer in Seminole, the EcoWatch team has organized a list of our top suggestions here:
See all of the solar companies in Seminole
Factors that Affect Solar Panel Costs in Seminole
The cost of installing a solar system in Seminole can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of solar panels in Seminole, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can gauge by looking at past energy bills. Your overall cost can increase by around $3,130 for each additional kilowatt you need.The type of solar equipment you choose can increase or decrease your cost 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. On the other hand, more efficient panels could save you more in the long run on your power bills. In addition, extra products, like solar batteries, can bring your total well above the Seminole average.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are a solid choice because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar company you choose will play a role in your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.You may see national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $12,475 | 13.1 years |
| 8 kW | $3.19 | $17,879 | $16,984 | 12.8 years |
| 10 kW | $3.13 | $21,910 | $21,669 | 12.6 years |
| 12 kW | $3.07 | $25,766 | $26,528 | 12.3 years |
| 14 kW | $3.00 | $29,447 | $31,563 | 12.1 years |
| 16 kW | $2.94 | $32,953 | $36,773 | 11.8 years |
| 18 kW | $2.88 | $36,283 | $42,159 | 11.6 years |
| 20 kW | $2.82 | $39,438 | $47,720 | 11.3 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely provide good-quality solar panel installation and expertise.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, project timeline incentives and warranties.
EcoWatch's Seminole, OK Solar Cost FAQs
What is the average cost of installing solar panels in Seminole?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally 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 extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to think about when buying solar panels?
The initial cost is a very important factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Is it worth going solar in Seminole?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How long do solar panels last in Seminole?
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 larger 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.