Solar Panel Cost Guide in Stilwell, OK (2023 Update)
- Stilwell Solar Installation Cost: $16,231
- 25-Year Savings: $23,548
- Payback Period: 10.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Stilwell
We break down average solar pricing in Stilwell.
Although the national average of solar panels is $2.66 per watt, solar panels in Stilwell typically cost about 2.62. Using this figure, a typical 8.8-kW system would cost about $16,231 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Stilwell homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Stilwell can save around $17,000 on their energy bills over 20 years.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Stilwell
| Year | Return on Investment |
|---|---|
| 1 years | $-14,640 |
| 3 years | $-11,457 |
| 5 years | $-8,275 |
| 7 years | $-5,093 |
| 9 years | $-1,910 |
| 11 years | $1,272 |
| 13 years | $4,454 |
| 15 years | $7,637 |
| 17 years | $10,819 |
| 19 years | $14,001 |
| 21 years | $17,183 |
| 23 years | $20,366 |
| 25 years | $23,548 |
Top Solar Installers in Stilwell
When switching to solar energy, many homeowners choose to go with a solar installation company since handling can be a time-consuming project. Companies can also have access to a large variety of the best solar panels and help you choose which one will be best for your home.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some in Stilwell:
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Stilwell
Factors that Affect Solar Panel Costs in Stilwell
Even though the average cost of a solar system in Stilwell is $16,231, your actual cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Stilwell, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can gauge by looking at past energy bills. Your overall cost can increase by about $2,620 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Stilwell, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in Stilwell, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible. While solar loans make adopting solar energy more accessible for Stilwell homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar panel installer you pick will impact your total cost to make the switch to solar power. Different companies will charge different amounts for the equipment and labor. The company's size can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount 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 | $2.72 | $11,444 | $15,521 | 10.6 years |
| 8 kW | $2.67 | $14,965 | $20,989 | 10.4 years |
| 10 kW | $2.62 | $18,340 | $26,602 | 10.2 years |
| 12 kW | $2.57 | $21,568 | $32,363 | 10.0 years |
| 14 kW | $2.52 | $24,649 | $38,271 | 9.8 years |
| 16 kW | $2.46 | $27,583 | $44,325 | 9.6 years |
| 18 kW | $2.41 | $30,371 | $50,525 | 9.4 years |
| 20 kW | $2.36 | $33,012 | $56,873 | 9.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases provide high-quality solar panel installation and expertise.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Contract: Though reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: Different companies will carry different brands and kinds of panels. If you want a specific brand, make sure the solar company you're considering has it.
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
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 Stilwell, OK Solar Cost FAQs
How much does it cost to install solar panels in Stilwell?
The average cost of solar panels in Stilwell is about $13,100 for a 5-kW system and $26,200 for a 10-kW system before the ITC, but the real 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 consume.
What other factors should I consider in addition to cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind 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 the value of your home considerably as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home 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.