Solar Panel Cost Guide in Tecumseh, OK (2023 Update)
- Tecumseh Solar Installation Cost: $15,576
- 25-Year Savings: $22,656
- Payback Period: 10.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Tecumseh
Let's take a look at the average cost of solar panels in Tecumseh.
The national average cost of solar panels is $2.66 per watt, but in Tecumseh it's 2.62 per watt. 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 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. With typical savings of about $17,000 on utility bills over 20 years, many homeowners in Tecumseh find investing in solar has a decent ROI.
You can click the button below to get connected with a vetted solar installer in Tecumseh that can help you get a more accurate cost estimate for your home.
Solar savings over time in Tecumseh
| Year | Return on Investment |
|---|---|
| 1 years | $-14,367 |
| 3 years | $-11,948 |
| 5 years | $-9,530 |
| 7 years | $-7,112 |
| 9 years | $-4,693 |
| 11 years | $-2,275 |
| 13 years | $143 |
| 15 years | $2,561 |
| 17 years | $4,980 |
| 19 years | $7,398 |
| 21 years | $9,816 |
| 23 years | $12,235 |
| 25 years | $14,653 |
Top Solar Installers in Tecumseh
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Hiring an installer can make switching to solar power much easier. Plus, if you're not certain what type of solar panels and equipment you need, a solar expert can help you find the right equipment for you after a site survey and consultation.
You can work with a local solar installer to get a free quote 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
See all of the solar companies in Tecumseh
Factors that Affect Solar Panel Costs in Tecumseh
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that determine your overall cost in Tecumseh: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,620. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Tecumseh, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a popular route because they lower your upfront costs and let you pay for your system over five to seven years on average. However, the interest on solar loans also increases your total costs, so it's important to keep that in mind as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar company you opt for to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies in Tecumseh, and each can charge different amounts for labor and equipment. The size of the company can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and better 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 promotion 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 | $15,565 | 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 panel company you go with 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 have access to. When choosing a solar company, there are a few important things you should keep in mind, including:
- Warranty: If you're concerned about the endurance of your solar energy system, checking if your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Different companies have different brands and kinds of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
- Contract: It's important to read your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to do the job well. Another way you can verify your installer's reputation is by reading reviews.
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 Tecumseh, OK Solar Cost FAQs
How much does it cost to install solar panels in Tecumseh?
This is a tough question to answer exactly, because the cost depends on a variety of 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. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you go with 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 certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Tecumseh have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future energy bills.
How long do solar panels last in Tecumseh?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.
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.