Solar Panel Cost Guide in Tecumseh, OK (2024 Update)
- Tecumseh Solar Installation Cost: $18,608
- 25-Year Savings: $22,656
- Payback Period: 12.2 Years
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Average Cost of Solar Panels in Tecumseh
We break down average solar pricing in Tecumseh.
The average cost of a solar system in Tecumseh is 3 per watt.The average Tecumseh homeowner needs a 8.5-kilowatt system, which would cost about $18,608 with the federal tax credit, or $26,609 before the 0 tax credit is applied.
The true price you pay can be above or below the average in Tecumseh depending on a few factors, such as the model of solar panels you choose and the solar company you hire.With typical savings of about $17,000 on energy bills over 20 years, many homeowners in Tecumseh find going solar has a decent ROI.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Tecumseh
| Year | Return on Investment |
|---|---|
| 1 years | $-17,399 |
| 3 years | $-14,980 |
| 5 years | $-12,562 |
| 7 years | $-10,144 |
| 9 years | $-7,725 |
| 11 years | $-5,307 |
| 13 years | $-2,889 |
| 15 years | $-470 |
| 17 years | $1,948 |
| 19 years | $4,366 |
| 21 years | $6,784 |
| 23 years | $9,203 |
| 25 years | $11,621 |
Top Solar Installers in Tecumseh
Although you can install solar panels by yourself, it takes extra time and knowledge. Because of that, most homeowners choose to hire a solar panel installer. Plus, if you’re unsure what type of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
If you're on the hunt for a solar installer in Tecumseh, the EcoWatch team has organized a list of our top suggestions here:
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
While the average cost of a solar system in Tecumseh is $18,608, your actual cost may be higher or lower than that. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend around $3,130 per kilowatt in Tecumseh.There are several different solar panel brands and the one you choose also affects the cost. In general, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Tecumseh offer solar loans, which reduce the initial cost of installing solar.While solar loans make adopting solar energy more accessible for Tecumseh homeowners, they can also increase 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 avoid paying as much in interest.
Solar Panel Installation Company
Lastly, the company you get to install your solar panels can influence your pricing. Tecumseh’s solar companies all have different labor costs and add varying upcharges to 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 cost more. It’s best to do some research and go with the company that provides the products, warranties and services you’re looking for 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 | $13,338 | 12.7 years |
| 8 kW | $3.19 | $17,879 | $18,134 | 12.4 years |
| 10 kW | $3.13 | $21,910 | $23,106 | 12.2 years |
| 12 kW | $3.07 | $25,766 | $28,253 | 11.9 years |
| 14 kW | $3.00 | $29,447 | $33,575 | 11.7 years |
| 16 kW | $2.94 | $32,953 | $39,073 | 11.4 years |
| 18 kW | $2.88 | $36,283 | $44,746 | 11.2 years |
| 20 kW | $2.82 | $39,438 | $50,594 | 11.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Contract: Though reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one indication of a good company.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
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
What is the average cost of installing solar panels in Tecumseh?
The average cost of solar panels in Tecumseh is about $15,650 for a 5-kW system and $31,300 for a 10-kW system before the ITC, but the actual cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Tecumseh?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of 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 bang for your buck from going solar.
Can you sell solar power back to the grid in Tecumseh?
Most states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can 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 get 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.