Solar Panel Cost Guide in Tecumseh, OK (Mar 2023)
- Tecumseh Solar Installation Cost: $15,571
- 25-Year Savings: $22,661
- Payback Period: 10.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Tecumseh
Here's how much it might cost to go solar in Tecumseh.
In Tecumseh, solar panels cost about 2.62 per watt on average. The average Tecumseh homeowner needs a 8.5-kilowatt system, which would cost about $15,571 with the federal tax credit, or $22,267 before the 30% tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Tecumseh homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Tecumseh can save about $17,000 on their power bills over 20 years.
You can click the button below to get connected with a top solar company in Tecumseh for a quote for your home.
Solar savings over time in Tecumseh
| Year | Return on Investment |
|---|---|
| 1 years | $-14,041 |
| 3 years | $-10,983 |
| 5 years | $-7,924 |
| 7 years | $-4,866 |
| 9 years | $-1,807 |
| 11 years | $1,251 |
| 13 years | $4,310 |
| 15 years | $7,368 |
| 17 years | $10,427 |
| 19 years | $13,485 |
| 21 years | $16,544 |
| 23 years | $19,602 |
| 25 years | $22,661 |
Top Solar Installers in Tecumseh
Installing solar panels on your own can be a stressful project, which is why getting a solar installation company is a good option for many homeowners. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and system component replacements.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some near you:
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 Tecumseh
Factors that Affect Solar Panel Costs in Tecumseh
The cost of installing a solar system in Tecumseh can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,620. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag 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 raise the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That's why many Tecumseh homeowners choose to finance their solar panel systems to offset upfront costs. You'll have to consider the long-term cost of loans, 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 considerably.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Tecumseh, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. Companies that only sell products with high efficiency and therefore a higher price point — 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're looking for and also fit into 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 | $2.72 | $11,444 | $15,565 | 10.6 years |
| 8 kW | $2.67 | $14,965 | $21,047 | 10.4 years |
| 10 kW | $2.62 | $18,340 | $26,676 | 10.2 years |
| 12 kW | $2.57 | $21,568 | $32,451 | 10.0 years |
| 14 kW | $2.52 | $24,649 | $38,374 | 9.8 years |
| 16 kW | $2.46 | $27,583 | $44,442 | 9.6 years |
| 18 kW | $2.41 | $30,371 | $50,658 | 9.4 years |
| 20 kW | $2.36 | $33,012 | $57,020 | 9.2 years |
How to Save on Solar Panels
The solar installer you opt for will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, including:
- Contract: 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 what services your solar company will provide and how part repairs and replacements will be handled.
- Warranty: If you care about the longevity of your solar panel system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Different companies will carry various brands and kinds of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
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 Tecumseh, OK Solar Cost FAQs
How much does it cost to install solar panels in Tecumseh?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly 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 extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Are solar panels free in Tecumseh?
Solar panels aren't free in Tecumseh, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $900.32 per year.
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 uses 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.