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.
In Tecumseh, solar panels cost about 3 per watt on average.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 prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of installing solar panels can vary depending on several factors, such as what size system you need, your energy usage and what installation company you go with.With average savings of about $17,000 on utility bills over 20 years, many homeowners in Tecumseh find going solar can be quite rewarding.
Click the button below to get connected to a highly rated solar panel company in Tecumseh for a personalized estimate.
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
Many homeowners opt for a solar panel company since trying to install solar panels by yourself can be challenging. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.
Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
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 installer you choose.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,130. The type of solar panels and equipment you choose is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Further, solar equipment is more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Tecumseh to be prohibitively steep, even if the investment pays off over time. Fortunately, almost every solar company in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest.However, the interest on solar loans also increases your overall costs, so it’s crucial to keep that in mind as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you choose to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies in Tecumseh, and each can charge varying amounts for labor and equipment.Companies that only sell high-quality, high-efficiency and high-price products — 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 go with the company that provides the products, warranties and services you want 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 a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Contract: It’s important to read through your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Warranty: Warranties that cover panel repairs and maintenance over a couple decades are the gold standard in the business, and offering that kind of warranty is one indication of a quality company.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $15,650 for a 5-kW system and $31,300 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Tecumseh?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home 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?
The majority of states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future electricity 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 needs and the amount of 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 buy between 20 and 35 panels to cover 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.