Solar Panel Cost Guide in Yukon, OK (2024 Update)
- Yukon Solar Installation Cost: $18,289
- 25-Year Savings: $24,724
- Payback Period: 11.4 Years
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Average Cost of Solar Panels in Yukon
We break down average solar pricing in Yukon.
In Yukon, solar panels cost about 3 per watt on average.Since a 8.3-kW system is needed to cover the energy consumption of a typical home in Yukon, the average price of going solar will be about $18,289 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy needs, the type of solar system you want, your solar contractor and more.For most homeowners, the upfront cost of solar panels is worth paying. On average Yukon homeowners see about $18,000 in savings on utility bills over 20 years.
To receive a free quote from a pre-vetted solar installation company in Yukon, you can click the button below.
Solar savings over time in Yukon
| Year | Return on Investment |
|---|---|
| 1 years | $-17,080 |
| 3 years | $-14,661 |
| 5 years | $-12,243 |
| 7 years | $-9,825 |
| 9 years | $-7,406 |
| 11 years | $-4,988 |
| 13 years | $-2,570 |
| 15 years | $-151 |
| 17 years | $2,267 |
| 19 years | $4,685 |
| 21 years | $7,103 |
| 23 years | $9,522 |
| 25 years | $11,940 |
Top Solar Installers in Yukon
When switching to solar energy, many homeowners prefer to hire a solar installer since overseeing your solar installation yourself can be a difficult project. Plus, if you’re not certain what brand of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some in Yukon:
Best National Provider
SunPower
- 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
- 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 Yukon
Factors that Affect Solar Panel Costs in Yukon
Although the average cost of a solar system in Yukon is $18,289, your final cost may be above or below the average. There are quite a few 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 keep in mind.
Solar Equipment
When it comes to estimating the cost of a solar system in Yukon, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can determine by looking at past energy bills. Your total cost can increase by about $3,130 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Yukon, 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 more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Yukon offer solar loans, which reduce your upfront costs of installing solar.When figuring out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you choose to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar installation companies operating throughout Yukon, and each can charge different amounts for labor and equipment.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, 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 | $3.26 | $13,672 | $15,103 | 11.9 years |
| 8 kW | $3.19 | $17,879 | $20,488 | 11.6 years |
| 10 kW | $3.13 | $21,910 | $26,049 | 11.4 years |
| 12 kW | $3.07 | $25,766 | $31,784 | 11.2 years |
| 14 kW | $3.00 | $29,447 | $37,695 | 11.0 years |
| 16 kW | $2.94 | $32,953 | $43,781 | 10.7 years |
| 18 kW | $2.88 | $36,283 | $50,043 | 10.5 years |
| 20 kW | $2.82 | $39,438 | $56,479 | 10.3 years |
How to Save on Solar Panels
There are many companies available in Yukon, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: If you’re worried about the durability of your solar system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
Best National Provider
SunPower
- 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
- 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 Yukon, OK Solar Cost FAQs
How much does it cost to install solar panels in Yukon?
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. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Are solar panels free in Yukon?
A solar panel system isn’t free in Yukon, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How will having solar panels impact my home value?
Solar panels can increase your property’s value significantly as long as you buy or finance your panels and don’t go 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 solar panels."
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 the average daily 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 install 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.