Solar Panel Cost Guide in Tuttle, OK (2024 Update)
- Tuttle Solar Installation Cost: $18,181
- 25-Year Savings: $23,330
- Payback Period: 11.8 Years
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Average Cost of Solar Panels in Tuttle
We go over average solar pricing in Tuttle.
The average cost of solar panels in Tuttle is 3 per watt.The average solar panel system size in Tuttle is around 8.3 kilowatts, meaning a cost of about $18,181 for a solar installation, or $25,999 before the 0 federal solar tax credit is applied.
These figures are just averages, and the cost of going solar for you will vary based on factors unique to your home and what company you want to go with.But, once you've paid the initial cost of installation, the savings for most homeowners is quite good, with a net average savings of about $18,000 over 20 years on utility bills.
Click the button below to get connected to a vetted solar company in your area for a customized estimate.
Solar savings over time in Tuttle
| Year | Return on Investment |
|---|---|
| 1 years | $-16,972 |
| 3 years | $-14,554 |
| 5 years | $-12,136 |
| 7 years | $-9,717 |
| 9 years | $-7,299 |
| 11 years | $-4,881 |
| 13 years | $-2,462 |
| 15 years | $-44 |
| 17 years | $2,374 |
| 19 years | $4,792 |
| 21 years | $7,211 |
| 23 years | $9,629 |
| 25 years | $12,047 |
Top Solar Installers in Tuttle
Although it's possible to install solar panels yourself, it requires extra effort and expertise. That's one of the reasons the majority of homeowners choose to hire a solar panel installer. In addition, if you’d like to maximize your investment in solar energy, using a solar company can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives.
There are a number of licensed solar professionals that can help you install your solar system. 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
See all of the solar companies in Tuttle
Factors that Affect Solar Panel Costs in Tuttle
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few major factors that will push your cost above or below the average in Tuttle: 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 energy system you need, 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 $3,130. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Tuttle, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Tuttle to be too steep, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest.However, the interest on solar loans also increases your total costs, so it’s important to include that in your estimate as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The final key cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Tuttle, you’ll have many options to choose from, but each comes at various price points for labor and equipment.Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $14,201 | 12.3 years |
| 8 kW | $3.19 | $17,879 | $19,285 | 12.0 years |
| 10 kW | $3.13 | $21,910 | $24,544 | 11.8 years |
| 12 kW | $3.07 | $25,766 | $29,979 | 11.6 years |
| 14 kW | $3.00 | $29,447 | $35,589 | 11.3 years |
| 16 kW | $2.94 | $32,953 | $41,374 | 11.1 years |
| 18 kW | $2.88 | $36,283 | $47,335 | 10.8 years |
| 20 kW | $2.82 | $39,438 | $53,471 | 10.6 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for a long time and save you money on part replacement and repairs.
- 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 expectations you should have about the project timeline.
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 Tuttle, OK Solar Cost FAQs
What is the average cost of installing solar panels in Tuttle?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly 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 higher-than-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Tuttle?
A solar panel system isn’t free in Tuttle, 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 further reduce the cost.
Do solar panels increase the value of your home?
Solar panels can increase your home value considerably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.