Solar Panel Cost Guide in Sulphur, OK (Mar 2023)
- Sulphur Solar Installation Cost: $15,534
- 25-Year Savings: $24,101
- Payback Period: 9.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Sulphur
Find out what the average cost of solar panel installation is in Sulphur.
The average cost of a solar system in Sulphur is 2.62 per watt. Using this figure, a typical 8.5-kW system would cost about $15,534 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of installing solar panels can vary quite a bit depending on multiple factors, such as what size system you need, your energy usage and what solar installer you go with. Many homeowners find going solar is a fruitful investment. The average homeowner in Sulphur can save about $18,000 on their electricity bills over 20 years.
Click the button below to get connected to a highly rated solar installer in Sulphur for a customized estimate.
Solar savings over time in Sulphur
| Year | Return on Investment |
|---|---|
| 1 years | $-13,949 |
| 3 years | $-10,778 |
| 5 years | $-7,607 |
| 7 years | $-4,436 |
| 9 years | $-1,265 |
| 11 years | $1,905 |
| 13 years | $5,076 |
| 15 years | $8,247 |
| 17 years | $11,418 |
| 19 years | $14,588 |
| 21 years | $17,759 |
| 23 years | $20,930 |
| 25 years | $24,101 |
Top Solar Installers in Sulphur
Although it's possible to install solar panels yourself, it requires extra energy and expertise. That's one of the reasons most homeowners choose a solar panel installer. A solar installer can also help save you money in the long run by providing warranties, repairs and system component replacements.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Sulphur
Factors that Affect Solar Panel Costs in Sulphur
There are several factors that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,620. The type of solar equipment you choose can bring your price up or down 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. However, higher efficiency could save you more in the long run on your power bills. Additionally, add-on products, like solar batteries, can bring your total well above the Sulphur average.
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 Sulphur homeowners opt to finance their solar panel systems to make going solar more affordable. You'll have to consider the long-term cost of financing options, including the amount of 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 original cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the massive popularity of renewable energy solutions in Sulphur, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk prices, 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 | $2.72 | $11,444 | $16,636 | 10.2 years |
| 8 kW | $2.67 | $14,965 | $22,475 | 10.0 years |
| 10 kW | $2.62 | $18,340 | $28,461 | 9.8 years |
| 12 kW | $2.57 | $21,568 | $34,593 | 9.6 years |
| 14 kW | $2.52 | $24,649 | $40,872 | 9.4 years |
| 16 kW | $2.46 | $27,583 | $47,298 | 9.2 years |
| 18 kW | $2.41 | $30,371 | $53,871 | 9.0 years |
| 20 kW | $2.36 | $33,012 | $60,590 | 8.8 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Sulphur, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Installation Process: When making the switch to solar, it's necessary to keep an open line of communication with your solar installer. Make sure you understand how the installation process works and the project timeline.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Sulphur, OK Solar Cost FAQs
What is the average cost of installing solar panels in Sulphur?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $13,100 for a 5-kW system and $26,200 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Sulphur?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Is it worth going solar in Sulphur?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can take a 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 buy between 20 and 35 panels to account for 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.