Solar Panel Cost Guide in Verdigris, OK (2023 Update)

  • Verdigris Solar Installation Cost: $19,115
  • 25-Year Savings: $23,933
  • Payback Period: 12.0 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Verdigris

Let’s take a look at the average cost of solar in Verdigris.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Verdigris, the average cost of solar panels is 3 per watt.To account for the typical energy needs of the average home in Verdigris, most homeowners require a 8.7-kilowatt system. Using the figure above, a solar installation costs around $19,115, or $27,334 before the federal solar tax credit of 0 is applied.

Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy consumption, the type of solar system you want to get, your solar contractor and more.Many homeowners find going solar is a solid investment. The average homeowner in Verdigris can save about $17,000 on their energy bills over 20 years.

You can click the button below to get connected with a pre-vetted solar installer in Verdigris for a quote for your home.

Solar savings over time in Verdigris

Year Return on Investment
1 years $-17,877
3 years $-15,402
5 years $-12,927
7 years $-10,452
9 years $-7,977
11 years $-5,502
13 years $-3,027
15 years $-552
17 years $1,923
19 years $4,398
21 years $6,873
23 years $9,348
25 years $11,823

Top Solar Installers in Verdigris

Trying to install solar panels yourself can be a time-consuming undertaking, which is why using a solar installation company is a good option for many homeowners. Solar installers offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.

There are a number of licensed solar professionals that can help you install your solar system. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
3.2

  • 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 Verdigris

Factors that Affect Solar Panel Costs in Verdigris

Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that will push your cost above or below the average in Verdigris: 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 price of a solar panel system in Verdigris, one of the most crucial 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 energy bills. Your total cost can increase by about $3,130 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you choose also changes the cost. In many cases, the brands that are more efficient tend to also cost more. Plus, 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

Many homeowners find the average cost of solar in Verdigris to be prohibitively costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest.Even though solar loans make going solar more accessible for Verdigris homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Verdigris is the company you hire to install your PV system. Similar to choosing a company to renovate your kitchen, for instance, you’ll have many options for solar installers that offer a range of services at different costs.Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car 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 $13,791 12.4 years
8 kW $3.19 $17,879 $18,739 12.2 years
10 kW $3.13 $21,910 $23,862 12.0 years
12 kW $3.07 $25,766 $29,160 11.7 years
14 kW $3.00 $29,447 $34,634 11.5 years
16 kW $2.94 $32,953 $40,282 11.2 years
18 kW $2.88 $36,283 $46,106 11.0 years
20 kW $2.82 $39,438 $52,106 10.8 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 brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: Different companies will carry various brands and types of panels. If you know you want a specific brand, make sure the solar company you’re considering has it.
  • Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
  • Contract: Review the contract terms thoroughly to make sure you understand the overall cost, project completion timeline incentives and warranties.
  • Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
3.2

  • 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 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 $15,650 for a 5-kW system and $31,300 for a 10-kW system before the ITC, but the real cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you use.

Should I lease or buy solar panels in Verdigris?

Leasing solar panels can be an option if you can’t 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 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 financial benefits from going solar.

Is going solar worth it?

Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.

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 how much 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 buy 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.

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