Solar Panel Cost Guide in Wagoner, OK (2025 Update)
- Wagoner Solar Installation Cost: $19,132
- 25-Year Savings: $24,075
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Wagoner
Let’s take a look at the average cost of solar panels in Wagoner.
In Wagoner, solar panels cost about 3 per watt on average.The average solar panel system size in Wagoner is around 8.7 kilowatts, meaning a cost of about $19,132 for a solar installation, or $27,359 before the 0 federal solar tax credit is applied.
These figures are just averages, and the cost of going solar for you will most likely vary based on the amount of energy your home requires and what company you go with.With average savings of about $17,000 on power bills over 20 years, many homeowners in Wagoner find installing solar panels can pay off big.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Wagoner
Year | Return on Investment |
---|---|
1 years | $-17,923 |
3 years | $-15,505 |
5 years | $-13,087 |
7 years | $-10,668 |
9 years | $-8,250 |
11 years | $-5,832 |
13 years | $-3,414 |
15 years | $-995 |
17 years | $1,423 |
19 years | $3,841 |
21 years | $6,260 |
23 years | $8,678 |
25 years | $11,096 |
Top Solar Installers in Wagoner
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Hiring a solar company can make your switch to solar power much easier. A solar company can also help save you money in the long run by providing warranties, repairs and component replacements.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
See all of the solar companies in Wagoner
Factors that Affect Solar Panel Costs in Wagoner
For many Wagoner homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Wagoner, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,130.There are several different solar panel brands and the one you choose also affects the cost. In many cases, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Wagoner have solar loans, which reduce your upfront costs of installing solar panels.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panels can influence how much it costs. Wagoner’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Wagoner are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $3.26 | $13,672 | $13,874 | 12.4 years |
8 kW | $3.19 | $17,879 | $18,849 | 12.2 years |
10 kW | $3.13 | $21,910 | $24,000 | 11.9 years |
12 kW | $3.07 | $25,766 | $29,326 | 11.7 years |
14 kW | $3.00 | $29,447 | $34,827 | 11.5 years |
16 kW | $2.94 | $32,953 | $40,503 | 11.2 years |
18 kW | $2.88 | $36,283 | $46,355 | 11.0 years |
20 kW | $2.82 | $39,438 | $52,382 | 10.7 years |
How to Save on Solar Panels
The solar installer you go with will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, such as:
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
- Reputation: Your solar installer should have a solid reputation as a company and have proven 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 past customers.
- Contract: Read the contract terms closely to make sure you understand the cost breakdown, completion timeline rebates and warranties.
EcoWatch's Wagoner, OK Solar Cost FAQs
What is the average cost of installing solar panels in Wagoner?
This is a hard question to answer exactly, 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 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 cheaper solar panels.
Can you get solar panels for free in Wagoner?
Solar panels aren’t free in Wagoner, 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 you can take advantage of.
Can you sell solar power back to the grid in Wagoner?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future energy bills.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.