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.Since a 8.7-kW system is needed to cover the energy costs of a typical home in Skiatook, the average price of going solar will be about $18,968 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of solar system you want to get, your solar contractor and more.But, after you've paid the upfront cost of installation, the savings for most homeowners is typically good, with a net average savings of about $17,000 over 20 years on energy bills.
You can click the button below to get connected with a vetted solar company in Skiatook that can help you get a more accurate cost estimate for your home.
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
Many homeowners choose to use a solar panel company since trying to put up solar panels yourself can be time-consuming. Another perk of utilizing a solar company is that they can help you optimize your ROI by cutting back on future costs of repairs and replacements with the help of warranties and giving you information on local incentives you can take advantage of.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some in Skiatook:
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 adopt solar energy comes down to 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
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The brand of solar panels and equipment you choose is another factor that will significantly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond 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 looking for a solar system that falls within your budget.
Solar Financing Terms
Most solar installers in Skiatook offer solar loans, which reduce your upfront costs of installing solar.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installer you choose to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies in Skiatook, and each can charge varying amounts for labor and equipment.Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and choose a company that offers the products, warranties and services you want and also fits within your budget.
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 kind of solar panels and the installer you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Read the contract terms closely to make sure you understand the total cost, project completion timeline incentives and warranties.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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
How much does it cost to install solar panels in Skiatook?
The average cost of solar panels in Skiatook 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 such as the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to think about when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How will solar panels impact how much my home is worth?
Solar panels can increase your property’s value remarkably as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.