Solar Panel Cost Guide in Skiatook, OK (2024 Update)
- Skiatook Solar Installation Cost: $18,968
- 25-Year Savings: $22,340
- Payback Period: 12.4 Years
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Average Cost of Solar Panels in Skiatook
See how much it might cost to make the switch to solar in Skiatook.
The average cost of solar panels in Skiatook is 3 per watt.To cover the typical energy usage of the average home in Skiatook, 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.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy use, the type of solar system you choose, your solar contractor and more.With typical savings of about $17,000 on power bills over 20 years, many homeowners in Skiatook find going solar can be quite rewarding.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Skiatook
| Year | Return on Investment |
|---|---|
| 1 years | $-17,740 |
| 3 years | $-15,284 |
| 5 years | $-12,828 |
| 7 years | $-10,372 |
| 9 years | $-7,916 |
| 11 years | $-5,460 |
| 13 years | $-3,003 |
| 15 years | $-547 |
| 17 years | $1,909 |
| 19 years | $4,365 |
| 21 years | $6,821 |
| 23 years | $9,277 |
| 25 years | $11,733 |
Top Solar Installers in Skiatook
Trying to put up solar panels yourself can be a dangerous undertaking, which is why hiring a solar installation company is a good option for many homeowners. Local solar installation companies can also help you optimize your return on investment by assisting with any local incentives and by offering warranties and repairs.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
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 Skiatook
Factors that Affect Solar Panel Costs in Skiatook
For many Skiatook homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Skiatook, with typical prices between $20,000 to $40,000. There are several factors that greatly 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 some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with better 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 type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a 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 a small roof 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 add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Skiatook to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in paying more over time because of interest.However, the interest on solar loans also increases your all-in costs, so it’s important to take that into consideration as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Skiatook is the company you choose to install your solar panel system. As with choosing a company to install new cabinets, for example, there are plenty of solar installers that offer a range of services at different price points.Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle 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 | $12,815 | 12.9 years |
| 8 kW | $3.19 | $17,879 | $17,437 | 12.7 years |
| 10 kW | $3.13 | $21,910 | $22,234 | 12.4 years |
| 12 kW | $3.07 | $25,766 | $27,207 | 12.2 years |
| 14 kW | $3.00 | $29,447 | $32,355 | 11.9 years |
| 16 kW | $2.94 | $32,953 | $37,678 | 11.7 years |
| 18 kW | $2.88 | $36,283 | $43,177 | 11.4 years |
| 20 kW | $2.82 | $39,438 | $48,851 | 11.2 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 select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Before signing a contract with a solar company, be sure to read it through fully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
- Solar Panel Brands: The model of solar panel you’d like plays a role in which installer you should go with, since different companies have access to different panels.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one indication of a good 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 Skiatook, OK Solar Cost FAQs
What is the average cost of installing solar panels in Skiatook?
This is a tough question to answer exactly, because the cost depends on a few different 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 extra solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to think about when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase how much your home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Skiatook is currently $246,542, which means you could be looking at a value of about $10,108 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Skiatook is a rewarding investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.