Solar Panel Cost Guide in Verdigris, OK (Mar 2023)
- Verdigris Solar Installation Cost: $15,992
- 25-Year Savings: $23,940
- Payback Period: 10.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Verdigris
Let's have a look at the average cost of solar panels in Verdigris.
While the national average of solar panels is $2.66 per watt, solar panels in Verdigris generally cost around 2.62. The average solar panel system size in Verdigris is around 8.7 kilowatts, meaning a cost of about $15,992 for a solar installation, or $22,869 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Verdigris homeowners. The price 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. Many homeowners find going solar is a sound investment. The average homeowner in Verdigris can save about $17,000 on their electricity bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Verdigris
| Year | Return on Investment |
|---|---|
| 1 years | $-14,395 |
| 3 years | $-11,201 |
| 5 years | $-8,006 |
| 7 years | $-4,811 |
| 9 years | $-1,617 |
| 11 years | $1,578 |
| 13 years | $4,773 |
| 15 years | $7,967 |
| 17 years | $11,162 |
| 19 years | $14,356 |
| 21 years | $17,551 |
| 23 years | $20,746 |
| 25 years | $23,940 |
Top Solar Installers in Verdigris
Many homeowners opt for a solar panel installer since installing solar panels yourself can be hard. The expertise that solar companies provide can be useful as well, especially if you don't quite know what type of solar equipment would be right for your home.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Verdigris
Factors that Affect Solar Panel Costs in Verdigris
Though the average cost of a solar system in Verdigris is $15,992, your actual cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your electric bills. In addition, add-on products, like solar batteries, can bump up your total well above the Verdigris average.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are a solid option because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can affect your pricing. Verdigris' solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $16,019 | 10.4 years |
| 8 kW | $2.67 | $14,965 | $21,652 | 10.2 years |
| 10 kW | $2.62 | $18,340 | $27,432 | 10.0 years |
| 12 kW | $2.57 | $21,568 | $33,358 | 9.8 years |
| 14 kW | $2.52 | $24,649 | $39,432 | 9.6 years |
| 16 kW | $2.46 | $27,583 | $45,652 | 9.4 years |
| 18 kW | $2.41 | $30,371 | $52,018 | 9.2 years |
| 20 kW | $2.36 | $33,012 | $58,532 | 9.0 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 find 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 good reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.
- Installation Process: When making the switch to solar energy, it's essential to maintain an open line of communication with your solar panel installer. Confirm that you understand how the installation process will go and the project completion timeline.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
- Contract: Before signing a contract with a solar company, make sure to read it through completely so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Verdigris, OK Solar Cost FAQs
What is the average cost of installing solar panels in Verdigris?
The average cost of solar panels in Verdigris is about $13,100 for a 5-kW system and $26,200 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
How much can I save on electricity bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Verdigris, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.