Solar Panel Cost Guide in Tuttle, OK (2023 Update)
- Tuttle Solar Installation Cost: $15,219
- 25-Year Savings: $23,330
- Payback Period: 9.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Tuttle
Let's have a look at the average cost of solar panels in Tuttle.
The average cost of a solar panel system in Tuttle is 2.62 per watt. Using this figure, a typical 8.3-kW system would cost about $15,222 before the 30% federal solar tax credit is applied.
The true cost of your system can be higher or lower than the average in Tuttle based on several factors, such as the brand of solar panels you choose and the solar company you hire. But, after you've paid the upfront cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $18,000 over 20 years on utility bills.
You can click the button below to get connected with a top solar installer in Tuttle that can help you get a more accurate cost estimate for your home.
Solar savings over time in Tuttle
| Year | Return on Investment |
|---|---|
| 1 years | $-14,010 |
| 3 years | $-11,591 |
| 5 years | $-9,173 |
| 7 years | $-6,755 |
| 9 years | $-4,337 |
| 11 years | $-1,918 |
| 13 years | $500 |
| 15 years | $2,918 |
| 17 years | $5,337 |
| 19 years | $7,755 |
| 21 years | $10,173 |
| 23 years | $12,592 |
| 25 years | $15,010 |
Top Solar Installers in Tuttle
When making the switch to solar, many homeowners prefer to hire a solar installation company since putting up solar panels yourself can be a difficult project. Plus, if you're unsure what type of solar panels and equipment you need, a solar company can help you figure that out after a site survey and consultation.
If you'd like to switch to solar energy but still aren't certain which solar company to go with, here are our suggestions for providers in Tuttle:
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 usually 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 Tuttle: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
When it comes to estimating the cost of solar panels in Tuttle, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can figure out by looking at past electricity bills. Your overall cost can increase by around $2,620 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Tuttle, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of 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
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Tuttle homeowners choose to finance their solar panel systems to make paying for solar more affordable. You'll have to consider the long-term cost of financing options, including the total 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 interest rate could reduce your costs considerably.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Tuttle is the company you get to install your solar panel system. Similar to choosing a company to build a deck or pool, for instance, you'll have many options for solar installers that offer a range of services at different price points. Additionally, some companies in Tuttle are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $16,428 | 10.3 years |
| 8 kW | $2.67 | $14,965 | $22,198 | 10.1 years |
| 10 kW | $2.62 | $18,340 | $28,114 | 9.9 years |
| 12 kW | $2.57 | $21,568 | $34,177 | 9.7 years |
| 14 kW | $2.52 | $24,649 | $40,387 | 9.5 years |
| 16 kW | $2.46 | $27,583 | $46,744 | 9.3 years |
| 18 kW | $2.41 | $30,371 | $53,247 | 9.1 years |
| 20 kW | $2.36 | $33,012 | $59,897 | 8.9 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 select the right company for you, here are some tips to keep in mind:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean 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.
- Installation Process: Make sure you're aligned with the company with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Contract: When looking through your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of offerings before deciding.
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
How much does it cost to install solar panels in Tuttle?
This is a hard 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 higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Tuttle?
Solar panels aren't free in Tuttle, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will having solar panels impact the value of my home?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don't choose 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 solar panels."
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a 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 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.